Kefi Gold And Copper Share Discussion Threads

[estseon] 17/10/2021 01:14

"...the delicacy of the issue...". It suggests misbehaviour by a senior official - could be anything from being caught on camera shagging a bull elephant or misappropriation of money paid in relation to the proposed relocation of families. Possibly the latter is more likely. When money is paid there is money to be made.

[theaviator] 17/10/2021 00:31

Well by my reckoning we can't have too much time left before the enivitible....Wonder what a Dow back to 20k will do for these aimies...https://ibb.co/NVYBBkr

[digger2779] 16/10/2021 23:51

Thanks Donegal. Let's hope this sorry saga turns for the best.

[robjm66] 16/10/2021 21:06

Thank you Donegal.

[taxlosstone] 16/10/2021 20:59

If TW does indeed have price sensitive information that is not available to everyone, then he has become an insider. I believe that it is called being over the wall. This means that TW cannot deal in any way in any form in Kefi shares. Being a Robin Hood sort of character, I am certain that he will not break this rule. This is AIM, I know, but his word is his bond. Regards from an ignorant bulletin board savant. :-)

[rich1e] 16/10/2021 20:48

Cheers Donegal

[bradley12] 16/10/2021 19:26

I wonder if it was TW that put the minister in the picture, or maybe it was RAB's non-exec?
Surely Kefi has somebody with a bit of nouse!

[bradley12] 16/10/2021 19:16

If the minister wasn't aware of the "delicacy" of the situation then once again Harry's communication is a failure!
Nothing new there!

[donegal1997] 16/10/2021 18:51

Good news for a change. TW said he can't discuss the security issue but he knows what it it. The mining minister wasn't aware of the delicacy of the issue and is now, as are the financing syndicate, including the banks. The EG will now allow the extension and an RNS is expected on Monday. He also said that the 'we will know' why he couldn't tell us what the security issue was in due course.

[delta0091] 16/10/2021 18:37

The ministry has harry sussed... His bs is thrown back at him.. ref the excuses for extending the timeline.

[donegal1997] 16/10/2021 18:32

What are our guesses for the share price on Monday then ?

[taxlosstone] 16/10/2021 18:27

If we do manage to get the financiers ready to go, can you imagine how ugly the terms will be? Talk about "over a barrel". :-(

[rich1e] 16/10/2021 17:23

I don’t think that an extension would make much difference, only be the lead up to the next delay and maybe the one after that, and the share price is ultimately where it ends up, where it will be, if the licence is cancelled. Not that I don’t think that the financing can’t be resolved swiftly, it’s just that the EG have given an inch, and they’ve taken a yard. Hopefully anyone stalling see’s the need to get this over the line and get’s it done. Alternatively, Harry concedes defeat, someone else with different ideas is installed swiftly and the EG grants time to accommodate their ideas, be that a change in finance or a sale to someone who can get it off the ground swiftly. Anything to avoid private investors walking away with nothing

[riotinted_specs] 16/10/2021 16:45

Can we ask for an extension on grounds that are less threatening to the Ethiopian mining sector as a whole? Can we contest the extension in either case? How much more time will this buy us? Questions to be asked. One question we do have an answer to is the following - Are the Ethiopian Government a current investor? Yes indeed they are.

[donegal1997] 16/10/2021 16:34

Can finance be fast tracked in 2 weeks ?

[tim_the_trout2] 16/10/2021 15:19

A football striker just can't score - is another Harry playing for us ... Kane

TTT

[1deedee] 16/10/2021 15:16

He needs to resolve this now, I've forwarded a message to Q. A the blokes been getting strikers money and no performance, this would be disastrous to fall at the last Post.

[1deedee] 16/10/2021 14:52

I just get this sinking feeling that someone's waiting in the wings to take this over, being that new licences were given to to several companies in Africa offering big brown envelopes, I hope I'm wrong,we need news this week he's like a football striker just can't score. I'm just so disappointed we have to read newspapers for info.

[lurker5] 16/10/2021 14:48

If Kefi loses the licence, presumably it still retains the intellectual property in the shape of the feasibility studies that any new developer will need to raise his own financing. So it might be a non-issue. If GOE doesn't like Harry, he will, surely, step down in favour of someone else - for the sake of every one including his bonuses. In any event, it is the funders waiting in the wings who will decide whether security is an issue or not. The GOE can't affect that - except by solving it.

[lurker5] 16/10/2021 14:47

If Kefi loses the licence, presumably it still retains the intellectual property in the shape of the feasibility studies that any new developer will need to raise his own financing. So it might be a non-issue. If GOE doesn't like Harry, he will, surely, step down in favour of someone else - for the sake of every one including his bonuses. In any event, it is the funders waiting in the wings who will decide whether security is an issue or not. The GOE can't affect that - except by solving it.

[rich1e] 16/10/2021 14:39

These developments haven’t come as a surprise, we knew that there was a deadline. Harry needs to get the syndicate members to put their security concerns to one side and sign off before the end of the month. Failing that the option might be Harry to step down and appoint someone else, a bit more dynamic, who can convince the minister to grant a few more months.

[howling] 16/10/2021 14:20

Are we nearly there yet ?