heliman2,
Read the post again, I was not quoting TW. It was and still is my view.
Of course, the MMs' think likewise?
Tim's support of the £50m extra funding is his view.
I could comment on the eventual funding, but will not as to my mind, all rather wooly to say the least.
A never decreasing circle.
I'm careful not to quote Tim in the wrong context as if I do he gives me grief!
PS: Also agree with Tim, long AMRQ and short VCP.
0.56p looking solid eh? |
What discount do you think they will raise funds at compared to the current share price?
10% discount about right? 15%? |
Nonsense Katsy.
That is precisely what has been said for some time.
Start 2026.
You can't have a full year's production in the year you start - unless you start on January 1st. |
Oh look, right at the bottom of the RNS
Targeted production start
We plan to start process plant commissioning programmes mid-2026, with 2027 being the first full production year
another year later!!! |
I've listened too and concur with you heliman2, he was very positive. |
Slow but all moves in right direction. !2nd bank provisional approval - you don't give that if you've gone soft on the deal. You don't agree higher amounts of funding agrees in principle - you don't even discuss - if you've gone soft on the deal. Bank 2 is not Nigerian - it's a multi country agency located in Nigeria. Saudi may be exited. Equity may be issued (-25%) but with singing + other things by feb shout be 3x |
robjm66, you can quote share price bearcast but you cannot listen. I can.
My opinion, not Tim's.
Finance approval by bank 1 TDB, had approval, now withdrawn due to supposed increase borrow?
Bank 2 AFC, No approval and has no need to commit now.
More delays of digging the gold, rehousing locals etc...no doubt Harry has prepared a script.
Men may well be on the ground, just forgot their shovels!
SP is talking. |
Thanks Richard |
Shortarm,
If SBs' are short, they do not need money. |
Probably spread betters without actual money |
Goodbye to all CoCo the Clowns who after holding and moaning for years sold on 2nd bank approval, ycmiu |
So it went from 1 bank having credit approval to none. It went from Early Oct 2023, when said live on video,
"we just received conformation that both banks will send in their credit approvals in a couple of weeks"
To 13 months later still waiting.
It's such wonderful news today, that's why the share price is down by 5%.
Who remembers Harry's famous funding is Imminent quote. Hmmm when was that. Maybe 2 years ago.
Even just 6 weeks ago an RNS said the bull dozers will begin works in October. But yet, in the background Harry knew that was BS. Anyway, this time next year I'm sure it'll be more of the same. |
2 large purchases of 30 million shares and just over 14 million shares.... |
2 large purchases of 30 million shares and just over 14 million shares.... |
who honestly believes kefi will close financing in the remaining 6 weeks until everything stops for xmas?
Another dilutive fundraise incoming, probably January |
They have absolutely no control over when funding is completed. It is entirely down to the banks. |
Looks like he’s done it again. I was told I was posting “absolute nonsense” a couple of weeks ago when I suggested that it was highly likely that we’d enter 2025 still waiting for TK funding. I reckon that even early 2025 is now looking optimistic based on the information contained in today’s RNS.
Looks like another placing for salaries and expenses can’t be too far away. Again!!
How many more bloody times!!!
Just once, it would be refreshing if yet another can~kicking RNS was accompanied with the offer to suspend their over~generous remuneration until they finally deliver this project. |
Think investors will top up between now and the end of the quarter and traders will be back. |
There is no doubt that Kefi has had a lot of bad luck - most, if not all, unforeseeable. I still have confidence as the economic factors are so very strong. |
Here’s a negative for you Goatherd. The funding is still not done. From an earlier post………
The development funding plan for TK is for Kefi to draw down in 2015 in half two 2015 a combination of debt and equity finance. This is expected to comprise US$100 MILLION AND $20 MILLION BY ONE OF A NUMBER OF SOURCES" Also from same month "We remain on track to start development of Tulu Kapi gold project in 2015 for production in 2017...
No doubt in your head you can find a positive spin on being 10 years out by 2025, but then since you’ve gotten EVERY prediction for KEFI wrong for the last 15 years, even you might get one right one day. A man predicting his own demise every day with get it right once. |
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