Kefi Gold And Copper Share Discussion Threads

[taxlosstone] 30/6/2021 08:41

Donegal. If that was the first announcement by a head honcho, the market would probably respond very positively. When you get your 20th timeline with the previous 19 missed & never referred to again perhaps Mr Market takes it with a pinch of salt. :-(

[jlwilliams] 30/6/2021 08:35

I dont think we will see much change until later in July... still come to the board about 10 times a day though!

[topicel] 30/6/2021 08:34

So not July then.

Plenty of room to swerve with phrases like "ready to proceed in July with finalisation of detailed documentation" in there, followed by "and the gaining of formal approvals" afterwards.

Only on those three possibilities happening being 'ready' and 'finalisation' and 'gaining of formal approvals' can we then get to the stage to 'trigger' the full development programme...

One part of various approvals - lol. He has said all the above in umpteen RNS and other announcements/pronouncements.

As has been stated, nothing new at an AGM, but dress it up as 'of particular note' for the uninitiated!

Topicel

[donegal1997] 30/6/2021 08:24

I thought we would see the share price move closer go 2.2p on the open. Market still not overly confident in Harry to deliver.

[bostanli] 30/6/2021 08:14

It’s coming home……

[estseon] 30/6/2021 08:04

Rich1e

there will be an RNS confirming the votes on the resolutions

[rich1e] 30/6/2021 07:54

Without getting over excited, it would be good to leave 2p behind for the last time. I wonder if there’s another RNS today, detailing what’s voted on at the AGM? Good day all

[robjm66] 30/6/2021 07:43

“and the other Government agencies involved are all ready to proceed in July with finalisation of detailed documentation and the gaining of formal approvals.“

[pennstreet] 30/6/2021 07:23

Onwards and upwards

[donegal1997] 30/6/2021 07:22

"Of particular note is that we have this week formally confirmed to the regulatory authorities in Ethiopia that the Company, its subsidiary Tulu Kapi Gold Mines Share Company, our project contractors, the project finance syndicate members and the other Government agencies involved are all ready to proceed in July with finalisation of detailed documentation and the gaining of formal approvals. "We will then trigger the full development programmes for our Tulu Kapi gold project. The passing of the resolutions at today's Annual General Meeting is one part of the various approvals required to be formalised.

[robjm66] 29/6/2021 22:12

Was put up on I think the 23rd then pulled looks like the whole article is back for those that can pay. No I do not know what it says though it has a photo of Tula Kapi hopefully a good omen.

hxxps://www.mining-journal.com/gold-and-silver-news/news/1412190/ahmed-win-good-for-mining-in-ethiopia-analyst

Ahmed win good for mining in Ethiopia: analyst
A win for Ethiopia's incumbent prime minister Abiy Ahmed in this week’s general election will be a good result for mining companies as his Prosperity party looks to the sector to revive the country’s battered economy, Piers Dawson, associate director at consultancy Africa Matters told Mining Journal...

[goatherd] 29/6/2021 18:39

Donegal,

It depends on the Market Makers who report. They CAN delay, depending on the size of the trade; but they do not have to.

[donegal1997] 29/6/2021 18:02

Can anyone explain the delayed trades in the last 2 days? They are no bigger than some of trades that went through during the day.

[fairvalue] 29/6/2021 17:46

AGMs are always remarkably underwhelming and boring things.

Unless you're Morrisons...

[jlwilliams] 29/6/2021 16:57

Thanks goatherd, yes, i remember being all excited last year... for nothing. lol.

[goatherd] 29/6/2021 16:11

I hope there are no misconceptions about the AGM.

No new news can be given at the AGM - they must issue an RNS in the morning, or, at latest at the start of the AGM, if they are going to say anything significant and new.

This is, obviously, to prevent attendees getting an unfair advantage.

[donegal1997] 29/6/2021 14:49

Price of gold taking a bit of a hammering today

[charles clore] 29/6/2021 13:18

If Harry resigns I imagine the share price could take a plunge. He is earning a good wedge here so he will try and stick it out, presumably.

[belfastboyo] 29/6/2021 12:25

just watched a really interesting interview on al jazzera re ethiopia..clearly lots going on as always. Seems like getting the election over the line and Abiy and his PP party getting a "mandate" victory is a key hurdle (although admittedly not from all areas esp. Tigray) will be a very important step forward. Always, very difficult for someone looking in to determine what is going on in an ethnically diverse country...ceasefire in Tigray is good...I'm guess getting people back to the table to discuss any differences should also be beneficial, if that is doable? certainly peace and security should be the Number 1 priority...as external and internal investment environments much prefer it to "instability"....hopefully, Central Bank signs off finance deal shortly and we can move ahead asap....will be interesting too to see what AGM brings any more news of interest...patience required as always I'm afraid but Harry does need to either deliver the goods as promised or just resign if he can't...imho DYOR

[delta0091] 29/6/2021 12:17

Tigray's TPLF rebels have effectively won... watch the region secede. You can see why Abiy signed a peace treaty with Eritrea (once part of Etiopia that fought for independence for decades).... he had plans to wipe out TPLF in Tigray and so needed them onside and their assistance - his hair-brained idea blew up big time. Abiy was part of the same TPLF during the ruthless reign of Ethiopia before it became democratic.... he was an "intelligence officer" in the TPLF ... where 100s of 1000s were tortured, jailed or killed. Other ethnic regions must be looking at what happened and having ideas of their own. Abiy's totally foolish venture has backfired, instead of leaving Tigray as it was, semi-autonomous, he instead wanted wipe out TPLF so there wouldn't be any idea of total autonomy. Well the TPLF in effect have total control, and Abiy will be praying other regions dominated by a majority ethnic class don't see Tigray a model to independence.

[donegal1997] 29/6/2021 11:14

I had a good laugh at this Katsy, but the EG will have stripped Harry of the mining license by then.

[katsy] 29/6/2021 11:11

End of July, it's all done and dusted, but first all the players will have a holiday and will be back in September to go over the details again before agreeing to meet the government in October to best decide how to complete the deal. If all things are correct then they need to get approval from Claus Swhab at the WEF in December. Then they will finally agree to finalise after the Orthodox Christmas in Jan 2022. The Final finalised signing ceremony will then take place in front of the world media in March but not before a final approval by locals which can only happen after the alignment of the moon and Saturn which is sometime in May. Harry is quoted as saying whatever happens the moon will align with Saturn and is very confident construction will be well underway after all the key workers have enjoyed the Qatar world cup in December 2022.

[donegal1997] 29/6/2021 11:09

Added a few more. Will all the directors be in London tomorrow?