Kefi Gold And Copper Share Discussion Threads

[scrappycat] 20/2/2020 20:06

Or he declined to publicize it, having had considerable experience of the other implied or notified deadlines he had previously been given by the EG.

[topicel] 20/2/2020 17:39

As ever, Union says what I don't want to...

But he's spot on as ever, and moreover, as it's been mentioned, we still have no evidence of any works (you know, nice photos of electricity poles being erected, a road being created, Harry can nip down with his mobile and upload some for us).

And when all is said and done, we are building a dam, aren't we? ANS might just be delaying as the Government are, well, dallying. It always comes down to no good comms from the Harold who says he always gives more a quarterly when he doesn't have to - always bleets that out.

And who ever heard of a nice road and infrastructure being just for our benefit? Maybe that is good expenditure anyway for local votes too, à la better train links in the north by Boris.

The money will come in March. There, my bet. If it doesn't, we are back to the rainy season chat, lol.

Bon soirée à tous, just finished a day dealing with my own legal case work here in Haute Garonne - shattered. Did you know traductrice assermentée is a sworn court translator? You do now. Not cheap, so c'mon Kefi...

Topicel

[scars] 20/2/2020 15:07

POG marching slowly but steadily northwards!

[stockriser] 20/2/2020 14:22

Union - from the RNS "Off-site works have started." - what that refers to I am unsure, but sounds like something has been paid!

[cybaajak] 20/2/2020 14:06

I'll accept your apology. Thank you. Although I'm not confused.Maybe you would like to edit the original post to delinieate 'sum' and 'cost' with proper sentences, even paragraphs to denote a change of subject, rather than commas, to align your second post more aptly.

[unionhall] 20/2/2020 14:02

As far as I am aware there is no proof of any money's paid yet by the Government on the road and power infrastructure. Just lots of comments about funds being "allocated" and works to be instigated.

[scrappycat] 20/2/2020 13:43

cyba,

That is why, in my post, I separated it from the expenditure on the physical aspects of the infrastructure. I am sorry if my phraseology confused you. I was referring to the political costs.

[cybaajak] 20/2/2020 13:32

You mentioned the 'cost' first. Nice try turning it about but i merely rebutted your remark as being incorrect. You attributed it to EG. That is wrong.

[scrappycat] 20/2/2020 13:18

cyba,

Typical of you. All you think of is in monetary terms. The local population are the ones who are experiencing the demands of relocation, and this does not resolve around cash. There is a social cost, never mind any monetary aspect. The Government and the company both need to justify it.

[marnewton] 20/2/2020 13:01

Is SPX a case of the Emperor's New Clothes? It just keeps squeezing higher!

Trade what you see is the chartist's mantra. But sometimes it's hard not to be influenced by the wider, more fundamental picture. Do the Americans not have supply chain issues with events in China? Apple, for one, have troubles. And over here, JLR and JCB.

UKX is perhaps more 'aware'. A rare diamond top may be in the offing (though its genesis well predates coronavirus). We had a cracker at the turn of the century. The one in 2007/8 was perhaps less perfect, but the result was the same.

Gold should benefit;)

M

[stockriser] 20/2/2020 12:57

Oh no - not ZM the jinx .....lol

[cybaajak] 20/2/2020 12:46

The 'cost and social demands of relocation' were firmly attributed to Kefi. So don't mention it as it was directly related through several avenues of publication that ANS funding was going to be used for that very thing... Well once they paid to to Kefi that is. The massive dilution of shares was related to Kefi having to find the funds elsewhere to, in part, initiate and complete the new housing estate.

Something about a Social Gold Standard Adams iterated at in another RNS from way back when.

[martinfrench] 20/2/2020 12:40

as of today, not sure people really care goatherd

[scrappycat] 20/2/2020 12:34

Some people fail to think logically imo. Do they really think the EG would spend huge sums on infra structure such as road and electricity supply enhancement, not to mention the cost and social demands of relocation. No chance.

[goatherd] 20/2/2020 12:28

Perhaps it would help if we remembered how very economical with the truth Centamin was in their early days.

[divmad] 20/2/2020 12:21

But of a stupid question, but, we are all waiting for this ANS Mining outfit to come through with the money, and blaming the bureaucracy or lack of Western business acumen of the Ethiopians, but isn't ANS an Australian business?

[martinfrench] 20/2/2020 12:14

the clue will be in the price, cant see the money arriving until the share price is at least > 2p

just dipped toe in, looking for the next centamin.

just hope this isnt another GCM lol

[cybaajak] 20/2/2020 12:11

And this is JUST the First Tranche... $9.4m in BIRR. 18 months and still no delivery..

Imagine the hoops, hedges an fences "Dear Olde Harry" is being lined up to jump through/over to get the rest of ANS contribution.

Boggles the mind the CEO of an AIM Company publicly admitted to giving a private Ethiopian Conglomerate of Investors a 'money back guarantee' on ANY invested funds. If he was desperate for some funding injection way back then, must be hard to sleep at night by now. Still, he'll find solace in his monthly wage packet from us.

[scrappycat] 20/2/2020 12:11

Topicel.

LOL, well said, but each to their own. IMO, funding will arrive. It may be in 5 mins, 5 days, 5 weeks, or 5 months, but IT WILL ARRIVE. Can't imagine the Ethiopians want to end up with egg on their face after all the promising publicity they have issued in the past.

[topicel] 20/2/2020 12:00

Well, we asked for an RNS, lol.

Topicel

[taxlosstone] 20/2/2020 11:15

I wonder what our answers would have been if we'd asked the same question in August 2018 :-(

As many have already said, we have no idea really & are only guessing. On that basis, Harry can play too. ;-)

[monkeywrench] 20/2/2020 10:08

April 1st would be apt.

[daftbat] 20/2/2020 09:53

Being optimistic, tomorrow. Being realistic, mid April