Well was hoping the last one would not happen. Kefi should get money for Saudi prospects and exiting Saudi once that's done should not have any costs from there. So then it just Ethiopia and a listing and projects being funded at project and subsidiary level.
Post TK full launch kefi should be able to do some kind of deal like Allied gold did with Wheaton.
Probably not going to have such a high percentage of ownership of new projects in Ethiopia as TK but if no new money has to come from UK shareholders... |
LSE has always been a crank's paradise, but the comment below really takes the biscuit. I think even goaty would avoid that board for being a bit too rampy.
"I think most people would agree that (baring a major acquisition) we have seen the last ever KEFI placement!" |
7x7 = 497 is the death number. |
 Addis Ababa December 10/2024 (ENA)—Prime Minister Abiy Ahmed revealed that Ethiopia’s gold mining industry stands out as a significant driver of growth, presenting immense potential for both local and international investment.
“Ethiopia is one of the fastest-growing economies in Africa and a beacon of opportunity on the continent. Among its many thriving sectors, the gold mining industry stands out as a significant driver of growth, presenting immense potential for both local and international investment,” the premier wrote on X.
Ethiopia has been seeing an increasing rate of mining activity. In November, President Abiy Ahmed said he expects the country to generate US$2 billion from gold revenue alone this year for the first time.
He recently inaugurated a large-scale gold processing facility held by the Akobo Minerals AB (publ) (FRA: 643) subsidiary ETNO Mining.
in recent years, the nation’s government has made significant strides to curb illicit activity while providing incentives for regulated projects.
These include duty-free equipment imports, tax breaks, and a low government free equity share requirement of 5 per cent. Other African countries like Guinea, Senegal and Mali require a higher percentage, thereby generating more profit from the activities of mining companies.
Ethiopia also produces significant quantities of lithium, iron ore, tantalum, platinum, copper, nickel, manganese, coal and rare earths. Mining is the nation’s fastest-growing economic sector. |
Round 4 tomorrow
His Honour Judge Parfitt (Sitting as a Judge in the High Court) 10:30am Court 11 KB-2022-004658 Demissie v Kefi Gold and Copper Plc part heard For Trial Robed |
actually even when dads make mistakes or even lie.... their kids call him out and tell him to stop it. harry is more than their dad, he's their saviour. |
Yep it's painful.
Eventually they'll join the club and realise what HAA does for value creation. It's the same as he did at EMED for those in any doubt.
Some posters act as if he's their dad for all the defending and rose tinted going on.
:D |
It's actually painful following this story, and I've never held ROFLMFAO... but Harry really takes the biscuit, or the entire McVities factory ROFLMFAO |
0.491 to sell! |
Katsy,
G'day, yep, robjm is good on irrelevant stuff, not so good on his investment it seems,
even then, relying on quotes from unknown sources on X factor!
No doubt sucked in like a right charley at 6p and again at 5.5p, and GM in Aussie, cheap flight sir? I know a bucket shop that can flog you one!
cheers |
Dudishes9 Dec '24 - 12:56 - 6961 of 6961 Edit
0 0 0
rob, Takele Uma (Ex MOM, now railways etc...),actually a more important job!
Seems highly respected by his Country and elsewhere, so which wilderness are you referring to?
Ashenafi Endele (The Reporter) wrote a decent report in Nov wrt no of IPOs, subsequently a negative report on KEFI.
Nardos Yoseph (The Reporter) is another critical of the Gov't and banks.
Are they all crooks?
The X statement that you refer to is by whom?
The Gov't website business sector suggests collaborations with many, but it does not
mention KEFI, not recently anyway. One wonders why?
cheers |
rob, Takele Uma (Ex MOM, now railways etc...),actually a more important job!
Seems highly respected by his Country and elsewhere, so which wilderness are you referring to?
Ashenafi Endele (The Reporter) wrote a decent report in Nov wrt no of IPOs, subsequently a negative report on KEFI.
Nardos Yoseph (The Reporter) is another critical of the Gov't and banks.
Are they all crooks?
The X statement that you refer to is by whom?
The Gov't website business sector suggests collaborations with many, but it does not
mention KEFI, not recently anyway. One wonders why?
cheers |
Takele Uma got booted from his job and had to spend some time in the political wilderness and you do not need to be a genius to work out why.
We’ve noticed
@TheReporterET
has been sharing inaccurate and misleading information about the Ethiopian Securities Exchange. As we continue building Ethiopia’s capital market, it’s critical that the public and stakeholders rely on accurate, verified information to stay informed.
Guess who the reporter is? Both the people you are picking out have "previous". |
monte1, perception? Nah, brutal truth.
I would expect that the researcher robjm66 is on the blower to Mr Takele Ume right now! |
Hmmm
’“KEFI is acquiring different licenses without progressing on its existing license. Its aim is to continue raising funds abroad by painting a picture in investors’ minds, as if the company is operating several with licenses at the same time. The company also often uses security threats as an excuse for its non-performance, while the major problem is its lack of finance,” said an official who spoke to The Reporter on condition of anonymity.’ |
robjm66,
The share price report title refers to the Syrian uprising not kefi.
wrt kefi, he refers to the kefi Q&A reports objections to the
Report written by Ashenafi Endale of "The Report".
I'm not sure he has read it, as apart from the warnings by Oromia admin demands of finance "Put Up or Shut up", in both Nov 2021 and again in Jan 2022 (not sure confirmed), the remainder of the report is from kefi announcements (Security & delays etc...).
So exactly what is the kefi Q & A quote referring to?
An attempt to deflect whilst sweating on the fund raise perhaps?
Maybe you being keen, have a chat with Takele Uma, re Oromia administration demands, he will know all about it.
At 0.49P, 0.55p raise, ideal! |
robjm66,
The share price report title refers to the Syrian uprising not kefi.
wrt kefi, he refers to the kefi Q&A reports objections to the
Report written by Ashenafi Endale of "The Report".
I'm not sure he has read it, as apart from the warnings by Oromia admin demands of finance "Put Up or Shut up", in both Nov 2021 and again in Jan 2022 (not sure confirmed), the remainder of the report is from kefi announcements (Security & delays etc...).
So exactly what is the kefi Q & A quote referring to?
An attempt to deflect whilst sweating on the fund raise perhaps?
Maybe you being keen, have a chat with Takele Uma, re Oromia administration demands, he will know all about it.
At 0.49P, 0.55p raise, ideal! |
How many more false dawns here?
TW will always back KEFI regardless, how many more years? |
"ESX is well-equipped to commence trading activities," Wongel told BirrMetrics. "We will start by offering trading in equity securities, fixed income instruments like government bonds and corporate debt, as well as an OTC market for unlisted securities."
Wongel explained that "trading will commence after Trading Members are admitted and their operational readiness is ensured."
"This step is crucial to guarantee a secure and efficient start to market activities," Wongel added. "The official launch date will be announced soon." |
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