Kefi Gold And Copper Share Discussion Threads

[robjm66] 10/6/2021 15:10

Maybe the best indication is the share price did not tank on the news suggesting some people already think or know it’s old news. Harry should though declare some kind of all systems go just before the election then let the Ethiopians trumpet it.

[belfastboyo] 10/6/2021 14:57

Whilst I have little, to no, respect for Harry and the way he has mismanaged shareholder value creation (aka destruction) & expectation...i am pretty certain the deal will get done shortly.There is no way imho at the 11th and 55mins the EG would likely pull the license UNLESS the deal is not done and there is more significant delays...more hassle to pull than complete at this stage imho

[rich1e] 10/6/2021 14:53

You was concerned that there was going to be a fund raise at 1.3p the other day Katsy. Your 2p sell mark will soon be here again. Don't miss it this time

[robjm66] 10/6/2021 14:12

Bit weird Kefi get the warning talk to the Ethiopians formally and informally harry feels comfortable enough to put up a bonus scheme while knowing all this?

[robjm66] 10/6/2021 14:09

unless the company that received the warning has not taken remedial action within the stipulated time frame or has given the licensee a valid reason for the incident.

[delta0091] 10/6/2021 14:05

The Reporter was founded in 1991 by the Media Communication Center, owned by Amare Aregawi. As of 2010, its editor and owner was Amare Aregawi.

en.wikipedia.org/wiki/The_Reporter_(Ethiopia)

[delta0091] 10/6/2021 14:04

it's the same paper that reported about the previous warnings.... which Harry denied.

[delta0091] 10/6/2021 14:01

better translation via easyhindityping.com/amharic-to-english-translation

A final warning has been issued to a company that has taken a major mining license to produce the Tulu Kapi gold stock
9 June 2021
John Anberber

It has been six years since the company was licensed, but it has not yet entered production

The current gold reserves are estimated at more than $ 2.5 billion at current prices

The Ministry of Mines and Petroleum has issued a final warning to the Tulu Kapi Gold Mining Corporation, a British-owned mining company licensed to produce and export large quantities of gold from the Tulu Kapi area of ​​West Welega.

In a final warning letter to the company two weeks ago, the Ministry of Mines and Petroleum said that the company was looking for the money needed to produce its reserves.

The warning letter from State Minister Simen Wube states that the company will take administrative and legal action in accordance with the Mining Proclamation if the project does not go into operation within the required time.

The company has revoked its gold mining license in accordance with a decision by the Council of Ministers. Although received in April 2015, it has not been in production for the past six years, according to a letter from the ministry.

According to Article 46 (3) of the Mining Proclamation, if the company does not receive the required project finance by June 23, it will take administrative and legal action. He gave a warning.

Article 46 (3) of the Proclamation requires the licensing party to issue a warning letter to the licensee prior to the cancellation or suspension of the mining license.

The proclamation stipulates that the ministry may revoke the license unless the company that received the warning has not taken remedial action within the stipulated time frame or has given the licensee a valid reason for the incident.

It has been more than 70 years since the discovery of gold in the Tulu Kapi gold mine, but the first attempt was made to extract the gold. Evidence suggests that it was owned by an Italian company in the 1930's. The experiment failed, and the gold reserves remained untapped for many years. In 2009, Noyota Minerals acquired a mining license in the Tulu Kapi area, extensive exploration and drilling. After confirming the high gold reserves in 2012,

However, Noyota Minerals announced its acquisition of gold reserves in the area and acquired a 75 per cent stake in the company in the year. The data shows that in 2013 he sold it to the current company called Kefie Mineral.

The next 25% was transferred to Ethiopia by the same company. In 2015, Kfi Mineral licensed a 20-year advanced mining license to produce and market the Tulu Kapi gold mine.

After obtaining the license, the company made several efforts to enter the market, but for the past six years, it has not been able to produce significant results.

However, the company promoted Tulu Kapi's gold stock, which boosted the company's stock in the global stock market and used it to sell some of its shares.

The company said in a statement a month ago that it had not been able to raise the required $ 230 million for the project, citing security concerns in the area where the gold reserves are located, as well as the political situation in Ethiopia.

However, in a few months, he announced that he would be in production after a few months, and decided on June 23, 2013 to decide on this and other issues with the company. Convening the General Assembly of the Organization

Experts in the mining sector say that the mining sector needs to be monitored closely and that the company can sell its licenses in Ethiopia to other companies only by promoting its status and gold reserves.

He said Ethiopia's Ministry of Mines and Petroleum should continue its legal action and control, adding that foreign companies have not been able to extract their gold resources and sell them to another company by obtaining mining licenses and adding value to their assets.

He also recommended that Ethiopian mining companies, which promote such a system, cooperate by selling information or obtaining licenses in advance, and recommended that these companies be investigated and placed on the blacklist.

Tulu Kapi's certified gold reserves are 1.7 million ounces, according to Kefi Mineral. It is expected to be released.

Attempts to include the company's response in the warning letter failed.

[donegal1997] 10/6/2021 13:57

Yeah I would be very surprised to see no large sells go through when the article was posted yesterday. Part of me is wishing it to be a legit article so that Harry really starts to feel the heat and puts more pressure on to get this done.

[jlwilliams] 10/6/2021 13:53

some of that sounds very naive

[delta0091] 10/6/2021 13:49

"Something still doesn’t seem right with this article."

or the other way round.... something doesn't seem right about KEFI and Harry's version.

[delta0091] 10/6/2021 13:48

via google translate :

ethiopianreporter.com/index.php/article/22291

A final warning has been issued to a company that has taken a major mining license to produce the Tulu Kapi gold stock

9 June 2021

John Anberber

The company will takes six years ago, yet the product has not been

The gold collection now the average price of nearly 2.5 billion dollars more Returns

Mining and Gas , Ministry of West Sb Tulu Kapi , in the area found a large gold mines and sells for export to the license issued, beats higher acids ownership under the newly Tulu Kapi Gold Mining producer SC Association last warning given.

Mining and Gas Ministry two weeks ago, the company wrote a final warning letter, the company 's promise of in accordance with the mineral collection to produce the needed money interrogated, the upcoming June 23 day of 2013, CE Until the work get a warning (Letter of Notice) provided.

Beyond the State W / ro listen Wube written a warning letter to the company's project feyinenišuni will help the time in to work is inadmissible if, mining proclaimed in accordance with the administrative and legal action to take is outstanding.

The company has gold mining and production will Ministerial Council of the decision in accordance with e . USA . Br . April month of 2015 had, for the past six years to produce ālemeshegegeruni According to a warning letter states.

Gold mining to produce the required project finance available manpower, the company is to produce work to migrate to the lack of well-known and , Mines Minister wrote a warning letter to the upcoming June 23 days until the required project finance company found to work stops, administrative and legal e action takes Mining Law , Article 46 (3) He gave a warning .

Repealed Article 46 (3) will give part of the mining production license revoking or suspending advance warning letter for the license to be bold , and we do kemigededibechewi reasons , one of the licensee 's promise of a contract , according to the production process of signing can not produce the required project finance refused the production process in the region on high damage to pose a recognized named Are included.

Warning received by the company by the time limit for resolving action revoked or faced a problem of sufficient reason will manually arguments notice to the rest of the cases , unless the Ministry 's permission to delete that established the incumbent.

Tulu Kapi Gold collection 's existence has been confirmed by over 70 years or more ago, gold mining to extract the first time an attempt is made e . USA . Br . Evidence suggests that it was owned by an Italian company in the 1930 's . This trial was the result of favorable gold last several years šeyileme later e . USA . Br . In 2009 noyote Acids , a company Tulu Kapi area, mining search will take, extensive search of work and Wells Drilling Ongoing e . USA . Br . In 2012, a large gold deposits that certifies later to produce transit process, since that information is represented.

However , but the company noyote acids locally obtained gold collection rate by introducing the collection on the legal development of the will of the bid, the company's 75 percent share of e . USA . Br . In 2013, high acids for the current company sold the information shows.

The next year, the remaining 25 percent share of the same company located in Ethiopia, from which the Ethiopian government e . USA . Br . In 2015, high acids book company Tulu Kapi found in gold collection sells for the market to provide for a 20 -year period of a top Mineral Development will give.

The company this will reserves after the product to various efforts made , but his took time from the past six years, the tangible to the production of infrastructure.

However , but the company Tulu Kapi Gold collection by introducing the world's stock markets on the company's wealth as high as smooth as provided above, we use a portion to sell enabled.

The company is into the production process Get this work needs 230 million dollars to get the preservation of that, a month ago, issued a statement revealing and , also with associated gold was last found in the area of security problems, mainly , as well as in the political situation due to the necessary project finance for mechegeruni explained.

However, only a few months in the case of a reduction of the product should be declaring and , in this and other company regarding issues in determining the June 23 day of 2013, CE As part of the General Assembly clearing company information refers.

Mining Ministry, the organization recently wrote a warning , but the company until June 23, the day of the work required for the project financing took to produce a successful action takes Airlines.

The government is pursuing experts say the mining sector higher , monitoring and control takes, the company's production falling rather have the status of primary and gold collection rate by introducing only in the license to another company to sell out of that, that this sector on a common foreign companies to resource bonanza method of expressing care for the church.

Ethiopia's gold resources āmirite without using foreign companies , but mining will take the inaccuracy of no value excluding Introducing the only other company and sold to carry out , to come to another sold -election in Ethiopia several times a pervasive that it is showing, mining, petroleum minister now move started legal action and strict control will continue.

In addition, this type of method to encourage mining on deployed Ethiopian kubenijewochi ahead of the information on selling or licensing out who are they, these companies are the beliefs of black log in inidiyešefirechewi committee voted.

Tulu Kapi verified yewerek’i a collection of 1.7 million ounces (an ounce) of high- acids information refers to , and this gold as a time out is used in this aspect, now the world -wide gold average price based on calculating , but more than 2.5 billion dollars , or at the silver currency of 109 billion Birr It is expected to be released .

A warning letter on the company's response include The effort failed.

[donegal1997] 10/6/2021 13:47

This is what Google translate produced. Something still doesn't seem right with this article. The Ministry of Mines and Petroleum has issued a final warning to the Tulu Kapi Gold Mining Corporation, a British-owned mining company licensed to produce and export large quantities of gold from the Tulu Kapi area of ??West Welega.In a final warning letter to the company two weeks ago, the Ministry of Mines and Petroleum said that the company had sought the funds needed to produce the reserves until June 23, 2013. Has issued a Letter of Notice.A warning letter from State Minister Simen Wube states that the company will take administrative and legal action in accordance with the Mining Proclamation if it fails to operate within the required time.The company has revoked its gold mining license in accordance with a decision by the Council of Ministers. Although received in April 2015, it has not been in production for the past six years, according to a letter from the ministry.According to Article 46 (3) of the Mining Proclamation, if the company does not find the required project finance by June 23, it will take administrative and legal action. He gave a warning.Article 46 (3) of the Proclamation requires the licensing party to issue a warning letter to the licensee prior to the cancellation or suspension of the mining license. If the delivery is known, include:The proclamation stipulates that the ministry may revoke the license unless the company that received the warning has not taken remedial action within the stipulated time frame or has given the licensee a valid reason for the incident.It has been more than 70 years since the discovery of gold in the Tulu Kapi gold mine. Evidence suggests that it was owned by an Italian company in the 1930's. The experiment was unsuccessful, and the gold reserves remained untapped for many years. In 2009, Noyota Minerals acquired a mining license in the Tulu Kapi area, extensive exploration and drilling. Evidence suggests that in 2012, the transition to production began with the discovery of a large gold reserves.However, Noyota Minerals announced its acquisition of gold reserves in the area and acquired a 75 per cent stake in the company in the year. The data shows that in 2013 he sold it to the current company called Kefie Mineral.The next 25 percent of the company was transferred from Ethiopia to Ethiopia. In 2015, Kfi Mineral licensed a 20-year advanced mining license to produce and market the Tulu Kapi gold mine.After obtaining the license, the company made several efforts to enter the market, but for the past six years, it has not been able to produce significant results.However, the company promoted Tulu Kapi's gold stock, which boosted the company's stock in the global stock market and used it to sell some of its shares.The company said in a statement issued a month ago that it had not been able to obtain the required $ 230 million for the project, citing security concerns in the area where the gold reserves are located, as well as the political situation in Ethiopia.However, in a few months, he announced that he would enter the market after a few months to resolve the issue. According to company information, the company has convened a general meeting.The Ministry of Mines, in a recent warning to the company, said the company would take action if it did not start production by June 23 with project finance.Experts in the sector say the mining sector needs to be monitored closely, and caution should be exercised, as the company may sell its license to another company in Ethiopia only by promoting its status and gold reserves.He said Ethiopia's Ministry of Mines and Petroleum should continue its legal action and control, adding that foreign companies have not been able to extract their gold resources and sell them to other companies by obtaining mining licenses and adding value to their assets.He also recommended that Ethiopian mining companies, which promote such a system, cooperate by selling information or obtaining licenses in advance, and recommended that these companies be investigated and placed on the blacklist.Tulu Kapi's certified gold reserves are 1.7 million ounces, according to Kefi Mineral. It is expected to.Attempts to include the company's response in the warning letter failed.

[delta0091] 10/6/2021 13:46

"We received a warning letter to push us along at the end of May to which we have responded both formally and informally."

and they kept it quiet... no rns.

[mustafa15a] 10/6/2021 13:41

I was making a comment and you got emotional.....take your 20quid else where pal....

[donegal1997] 10/6/2021 13:34

https://www.ethiopianreporter.com/index.php/article/22291 - this is the supposed article

[atticusfinch1] 10/6/2021 13:20

One observation and learning on these BBs; the more ridiculous the posts get, then this can act as a good contrarian indicator against posting sentiment on where a share price might be heading.... I'll be holding on to my shares here thank you.

[tom barnaby] 10/6/2021 13:17

13885/6

If you were referring to me, then absolutely yes, It was directly intended for you.

"I will buy your shares"

What a complete and utter end, there are more shares floating around than dust particles.

[mustafa15a] 10/6/2021 13:15

Thought so... keyboard warrior!!!

[mustafa15a] 10/6/2021 12:54

Was this for me??

[donegal1997] 10/6/2021 12:46

A fake article with fake quotes would be a new low for me on AIM. They don't call it the Wild West for nothing!