on the basis that at least we are all beaten dogs together (a pitiful consolation), and i assume the latest wheeze from the Board has now reluctantly been processed and, ahem, accepted, we must gird thy loins, take a deep breath, and start another year as we have many times before, with some justification for some sort of a positive outcome in 2025.
the latest kick in the nuts (i might have one left, difficult to say), whilst further shrinking all of our potential returns, does not remove the excellent business case that is TK and Eth generally.
the (increasing) added value has not disappeared, and there is much money to be made by all stakeholders nevertheless.
my only tip would be to pretend you haven't seen.................'the full funding package for the Tulu Kapi Gold Project to close this quarter'.
HB |
There's only one thing I'm interested in!!! More flannel |
Oh where are my manners - good morning and Happy New Year all.
Will this be ‘the’ year? |
I note that the avatar ‘Allesandro217; appears unable to read an RNS. |
484/512, wicked spread but have known worse.
As stated on the private fred, Hll 22.6%, LLSNL 18.6%, there are others but peanuts.
in comparison.
New institutional investors? Not yet declared on website.
However, I understand that we are talking confetti now, easily disguised. |
Approvals of what?
HLL, 22.6%.
LLSNL 18.6%.
Which insti's buying and who selling?
No announcement on that front, how strange?
"This quarter?" Rings a bell. |
"Following today's approvals, I am pleased to welcome several notable international investors to the KEFI share register. These shareholders join us at an exciting time with the full funding package for the Tulu Kapi Gold Project to close this quarter.
The Approvals Harry means is the yes vote for another 1,000,000,000 shares. |
with the full funding package for the Tulu Kapi Gold Project to close this quarter |
 barryevans so you cannot read an RNS ? IT SAYS following todays approvals !
"Following today's approvals, I am pleased to welcome several notable international investors to the KEFI share register. These shareholders join us at an exciting time with the full funding package for the Tulu Kapi Gold Project to close this quarter.
"During December 2024 project Early Works were essentially completed, our long-standing banks set out the final terms and conditions of the now-enlarged US$240 million secured debt capital facility, the project equity capital terms were consequently refined amongst the identified regional and sector-specialist investors, and the Government approved and proceeded to submit to Parliament for fast-track ratification AFC's Country Membership.
"The Company has already triggered final certification of project readiness, enabling full project launch and commencement of Major Works, which includes community resettlement, procurement and major construction.
"I look forward to updating shareholders over the coming weeks with our progress with respect to financial close and preparation of Major Works, as well as other potential developments on KEFI's other assets." |
Except that isn't what it says at all, is it? |
Both banks have agreed the new finance terms ! that is what we wanted to hear surely and then look at reference to other assets and insti investors.All pointing in right direction now in my view. |
LOL! What a total end.
banksy 2 Jan '25 - 07:55 - 7069 of 7072 MODERATED |
Inti investors, whom?
Sorry J, I forgot the delay! |
Funding to be signed by:-
October 2020
No before Christmas 2020
PLACING
No a few more weeks,
NOTHING will stop it happening by 31st March 2021
No June 2021
No July 2021
No October 2021
No Q4 2021
No Christmas 2021
PLACING
No Anytime between Feb -May 2022
PLACING
No full funding by June 2022
October 2022 construction will start
No Mid November financial plan 2022
No now it's December 2022
No a month or so (may 23)
PLACING
No A few more months
Q4 2023
No end of the year
No some time in 2024
No it's H1 2024
PLACING
No Mid 2024
No October 2024
More Shares Issued
No Q4 2024
PLACING
No early 2025
More shares issued
No it will close in Q1 2025 |
It’s a fair point he has now moved his deadline to end of March from Q4 2024. I don’t like words such as essentially being used it’s either completed or it’s not. Anyway let’s hope it is moving closer. |
Yup, “this quarter”
Previous “guidance “ was January |
"This is a big RNS !"
It really is. Another three month delay just came out of nowhere. |
“the full funding package for the Tulu Kapi Gold Project to close this quarter.”
“banks set out the final terms and conditions”
“the Government approved and proceeded to submit to Parliament for fast-track ratification AFC's Country Membership.”
“Company has already triggered final certification of project readiness,”
“A webinar will be held in February 2025 and details will be published in due course.”
Even with the depressing number of shares not the worst kefi RNS. Notice the timing of the webinar has been moved doubt anything will happen the same time as Ethiopian Christmas. Kind of tempted to say too late for the process of AFC to be considered “fast track” but would expect it to be waved through timing of webinar suggests mid to late January.
TK basically crawling over the line but still getting there. |
This is a big RNS ! Is what i wanted to hear for my £100k to go in :-) |
FINALLY WE ARE OFF ! Both long standing banks have agreed the new terms of the financing and major works will now launch.Also SAUDI SALE looks imminent by his words and we have new notable international investors onboard ( vote passed ) .Have to say that now is the time to load up on this because within a few short weeks this could be trading over 4p imvho
FROM RNS :::::
At the conclusion of the GM, Harry Anagnostaras-Adams, Executive Chairman of the Company, made the following brief statement highlighting the exciting outlook for the Company:
"Following today's approvals, I am pleased to welcome several notable international investors to the KEFI share register. These shareholders join us at an exciting time with the full funding package for the Tulu Kapi Gold Project to close this quarter."During December 2024 project Early Works were essentially completed, our long-standing banks set out the final terms and conditions of the now-enlarged US$240 million secured debt capital facility, the project equity capital terms were consequently refined amongst the identified regional and sector-specialist investors, and the Government approved and proceeded to submit to Parliament for fast-track ratification AFC's Country Membership."The Company has already triggered final certification of project readiness, enabling full project launch and commencement of Major Works, which includes community resettlement, procurement and major construction."I look forward to updating shareholders over the coming weeks with our progress with respect to financial close and preparation of Major Works, as well as other potential developments on KEFI's other assets." |
You conveniently 'forgot' about the monster consolidation. The real number is well over 100 billion, you disingenuous charlatan. |
As a matter of interest Kefi, with 7 billion shares, is only eleventh in ranks of LSE listed miners!
The highest is Premier African minerals, with 36 billion.
So really nothing extraordinary. |
..and, a Happy New Year to you, estseon. |
estseon
31 Dec '24 - 08:28 - 7061 of 7061
0 5 0
Happy New Year to all fellow sufferers, I mean, shareholders. I hope that we will find a remedy next year before the 12th anniversary of the action that put the company on this value-destructive path. Shares acquired then would have to be sold for 34p just to breakeven.
And the same to you Estseon, long time no speak. I trust the 'West' is still 'Humble' ;) It is ludicrous that Goatie insists on banning those like me from his thread who continued to point out the inadequacies of investing in Kefi and don't wish to give ADVFN even more dosh for the privilege of carrying on stating the obvious as a blue poster...
If it is 34p then I really don't see what the problem is, all we have to do is move the decimal point around like Harry issues shares. I recall 1.3p was a target once, oh for that now, eh?!
HNY everyone else too. |
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