The new institution aims to list as many as 50 companies in the next five years, Tilahun said. Some will join the bourse via a so-called listing by introduction — which does not involve an IPO — though how many is not yet clear. (might be a cheaper way to do it”Listing by Introduction means the process of introducing or listing an issuer’s securities held by existing investor on a securities exchange without an initial public offering.)
The exchange is also a critical enabler of economic diversification. By reducing borrowing costs and expanding access to finance, it empowers businesses to invest in new projects,
The public-private partnership model facilitated this, tapping the power of collaboration in driving financial innovation.
(Ethiopian mining) |
The building of the road is apparently highly significant & RNS-worthy. It is not the first time that announcement has been made. I may be wrong (wouldn't be the first time) but I do not recall being told by RNS that the building of the road had previously been suspended, as thrown in to the interview by our dear, dear Harry. Would that be lying by omission? |
0.502p to buy now
Nothing left under 0.50p clearly
The interview in proactive is fantastic |
Ignore the RNS and watch the proactive interview on YouTube.It better explains the situation.However it is still Harry.Onwards and upwards. |
The Kefi Enigma machine is still working - everything is coded, opaque, confusing and lacking in full specification. The only certainty is that the bandits have pocketed 8% of our money and most of the LTHs are still waiting to get close to even getting their money back. Those that were invested before this project was acquired from Nyota supposedly 'shovel-ready' will never get back the money that they invested before then even if they may make a profit on further investments made since then. |
To be honest it's a bit of a nothing RNS and will not change sentiment towards the share price in the short term. The Company is just feeding the traders not the long term investors.Any significant news will not come titled Company Update.I knew as soon as I received the RNS notification.Continue to wait. |
 Various Questions
Q: Exactly what has been achieved and ticked off with early works and what is left to do to enable major works?
A: An updated Presentation on the website sets out that we now move into certification and documentation finalisation for launch of Major Works.
Q: Harry said in the newspaper article that community resettlement needs to be properly and smoothly achieved before moving onto Major Works, yet the AGM statement says that resettlement is part of Major Works, can this please be clarified?
A: Resettlement needs to be properly and smoothly agreed formally, before being triggered as part of Major Works.
Q: Is Resettlement part of Major Works or do we have to wait for it to happen before we start Major Works?
A: We always highlight that the resettlement budget and schedule needs formal agreement before being triggered as part of Major Works. Perhaps you have been confused by the fact that a small resettlement package has just been committed before Major Works as a means of locking down the big numbers.
Q: Can we expect a imminent sale of our Saudi assets or is it fair to presume this is early days and such a transaction will need a lot more time?
A: We target that it be resolved in tandem with the launch of Tulu Kapi. (???) |
I’ve never read a board more full of negative posts. Not sure what to make of it. Genuine question - if you have this poor an opinion of the company why don’t you sell and move on? Plenty of other investment opportunities out there. Is it because despite the past failings and lack of confidence in the management you still see value here? Or have you already sold and just want to vent?
Honestly interested in the answer - I can’t imagine having money in a company where I felt as negatively as some regarding every announcement. |
Actually got what looks like photos of the road being built in the presentation. |
Comprehensive insofaras it says practically nothing. |
Pretty comprehensive update and makes sense to use the future minerals forum as a shop window.
Certain Major Works have now started
Detailed finalised terms are being inserted into the already-drafted detailed documentation for execution
and up to US$30 million in the form of gold-linked preference shares of KEFI Minerals (Ethiopia) Limited expected to be issued as the Ethiopian Stock Exchange is launched (currently scheduled to be by the end of January) (timing of webinar?)
the remaining US$30 million is being finalised with certain Middle Eastern and other sectoral investors,
Saudi the staged development plans for the Jibal Qutman Gold and Hawiah Copper-Gold projects; and
o short-listing potential transaction scenarios being discussed with third parties.
"We will shortly launch broader Major Works at our Ethiopian Tulu Kapi project, a high-grade and high-recovery gold project larger than any Saudi gold project today. We will also commence exploration at tantalum/lithium and copper/nickel/cobalt targets in well-known Ethiopian zones of mineralisation for these critical materials, following the award of the Konso Project in December 2024.
"At the same time there is significant interest in our 15%-owned GMCO JV in Saudi Arabia, currently under strategic review, and we look forward to further discussions during the Future Minerals Forum in Riyadh next week."
Going to have to make progress over "coming weeks" to hit the targets being talked about. If they start hitting them.. |
More flannel. Still no agreed finance package and Schrödinger's Access Road is being built (again). |
Fantastic that detailed finalised terms are being inserted ROFLMFAO |
Thanks very much Katsy.
I have an anti-virus programme running (Bitdefender) and I am passing the problem to them, |
@Goatherd
Just seen your post on your thread. You have a virus, whatever you do, do not open any links from these popups, they will mess up your computer. Try any of the following |
Thanks digger.
Trouble is, so do I! Doesn't work in this case. |
Arraws digger. |
goatherd I run adblock which is free as an extension in my browser and also subscribe to Malwarebytes. Looks like the former blocks 4 ads and the latter 41 but trackers are included in the 41 |
Is any one else being plagued by McAfee trying to sell a virus programme with drop down ads, taking up one whole screen?
I have had 10 so far today. I would love to know how to stop them! |
You do realise this is a free bb* and not a court of law, I trust? It exists to allow people to pass the time of day, preferably in an enjoyable manner.
*forum |
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