Kefi Gold And Copper Share Discussion Threads

[scrappycat] 11/1/2021 11:44

duplicate erased

[jlwilliams] 11/1/2021 11:34

We all know how long legal stuff takes, lawyers move at a snail's pace... and here we probably have several sets of them involved. Papers sitting in intrays, being perused and amended slightly every now and again, sent around the circle, back to the intray......

[topicel] 11/1/2021 11:32

Scappycat - it was better when you were silent.

I would have eaten my own hand long ago if that was your meaning as our so-called 'feeder' has not been providing anything by way of sustenance since I've been here.

Unless you count paper shares to nosh on?

Topicel

[topicel] 11/1/2021 11:27

mesb48 - you might be right, but we have been told for over three years that the Ethiopians are all for getting this mine up and running.

As for the others, they might be finding out what all the others have done in the past - and obviously what we don't know about - such as Standard and Odey and prospective bond issuers and Lycopodium's investment arm, ANS, among many - that something is rotten in the State of Denmark.

All the points you raise have been said before since 2017. There are only two factors that remain constant; the mine project and the man in charge.

Oh, to hell with it, IHWT. And the same value remains in the ground as has always been there. :)

Topicel

[scrappycat] 11/1/2021 11:21

Topicel,

Just out of curiosity, at what point would you have bitten/will bite, the hand that proposes to feed you?

[topicel] 11/1/2021 11:10

"Now you try to beat the resolution of the pandemic."

Blimey Est., don't give him that long!


As for Neilng, I liked his exact words:

"she is always nearly right"... a very precise order.

Topicel

[scrappycat] 11/1/2021 11:07

mesb48,

IMHO, you are right of course, but many on here don't want to know that, and don't want to read it. They want to have a good moan irrespective. In effect, the EG has controlled funding since the initiation of the agreement many years ago. The delays should be attributed to them, but they have had considerable difficulty on the political front. To my recollection, Harry has never made specific and explicit promises on dates - only demarked periods or events in terms of planned or anticipated etc. That these anticipated events have not occurred within the panned timescales is not within his control, but that of the EG.

[bluesbeater] 11/1/2021 11:01

Who exactly are we waiting on? I thought due diligence was complete and the funds would follow.

[mesb48] 11/1/2021 10:45

I agree with Belfast that patience is required. I really don’t understand some of the recent posts, and why there is so little discussion now of the political situation in Ethiopia and the conflict which to my understanding is not wholly resolved. My hypothesis is that the local due diligence is basically done, how long can it take. I don’t see the major hold up to be with local investors on the basis that if they don’t want to invest in their own country then things really are bad. But for the “£1bn global industrial company” and any other external investors I can see selling an investment into Ethiopia right now to its shareholders to be a lot more tricky until things are clearer politically, and their decision making process is unlikely to be clear cut or simple. Basically as much as I’d like to see the TK funding resolved, I don’t see it likely to be in Kefi’s control right now – Harry lost whatever control he had through previous delays. So my decision to add after the October announcement but before the conflict kicked off was unfortunate, but for those holding now it seems a straight choice between believing in the story long term or not. Hanging on previous indications about how many weeks TK funding thing will take to finalise, or which quarter it will get finalised in, is in my view oversimplifying the situation.

[estseon] 11/1/2021 10:34

neiling: the first law of marriage is that the woman is always right. The second law of marriage is that the man is always wrong for being right.

[topicel] 11/1/2021 10:23

A good moan helps many in times of stress though HB2.

Are we not all moaning about something rather a lot these days? If we weren't we'd be in a right two and eight mental state.

We've been chewing over Harry's twists and turns for more years than I care to recall and you're right it has all been unhelpful and, sadly, economically damaging too!

We need a few more IWHT's to counteract it all. ;)

Topicel

[neilng] 11/1/2021 09:47

Not what the wife says HB and she is always nearly right (and a Kefi holder for 9 years in her ISA, I will tell her about it eventually).

[belfastboyo] 11/1/2021 09:29

lol ? Yes a good moan is all we have left

[belfastboyo] 11/1/2021 09:28

Jaylett is correct...the RNS of 11th Dec states "we are on track for the principal outstanding Ethiopian project financing related matters to be completed in the coming weeks, with financial closing & the start of development planned for Q1 2021"...Coming weeks is non specific and planned is just that (not guaranteed)...patience is required I'm afraid but the fundamentals have not changed

[taxlosstone] 11/1/2021 09:24

I cannot go out for a meal. I cannot go to the shops. I cannot go to the cinema. I cannot play golf (never could, some would say) :-( I cannot go on holiday. Now HB is encouraging me to stop one of the few pleasures left to me. ;-)Despite that .... In Hairy We Trust.

[hairyback2] 11/1/2021 08:57

in my experience,moaning is rarely helpful
HB

[jaylett] 11/1/2021 08:24

I can only say it again; "over the coming weeks" meant absolutely nothing. It is an arbitrary term that is open to interpretation. They did not say "few".

Drop them a question if you don't believe me. Q1 is the planned deadline for funding. "Planned" being deliberately used.

[katsy] 11/1/2021 08:06

I've only been a shareholder a relatively short time and I've already experienced a share dilution and the finance deal can being kicked down the road three times.

October Nah
End of qtr - Nah
a few more weeks, - It's now exactly 1 month 1 day, so lets see.

[goatherd] 11/1/2021 07:03

Let's not. As I am not.

[peverill] 10/1/2021 19:52

Let's say,you are economical with the truth.

[goatherd] 10/1/2021 19:46

I was not caught out. As you know I NEVER lie. (doesn't mean I can't be wrong though!, alas)

[peverill] 10/1/2021 19:35

Richard leave it,you and your conspiracy theories.You told everyone you were in profit in PRM despite it dropping to 3p from 220p,only to be caught out.you couldn't lay straight in bed.