It's not about being risk adverse, it's about trust in the CEO of the company. |
If you're risk adverse then you really shouldn't be here. Keep your money in a cash ISA and live happy earning 4%. Otherwise, suck it up. |
KEFI will not be down at this level for long - bottom hit, now let it ride/rise.
GLA SR |
Just suck it up. |
So you want him to tell you beforehand he needs to do a placing , then price collapses and placing is done at an even lower level .
FGS think it through! |
Thankfully most people have only ever thrown fruit machine money at this, or at least I hope they have.
To do anything else would be akin to going all in at a poker game holding a jack high. |
He lied, that's the problem I have with the Company. I have no problem with Kefi the investment I have been here a long time and will have to average down at least 20 % once again.My problem is with Adams who cannot tell shareholders the truth because it is in his DNA not to be upfront with us. TW was an insider on this and he couldn't even tell him the truth. |
More fundamentals. If you’re going to invest in gold explorers/developers in Africa, which will take decades to reach production, personally I would choose a listing jurisdiction where capital markets are bountiful and liquid, and where assets are efficiently priced, taking account of prospective cashflow and risk. Choose from the NYSE, TSX or ASX. But AIM is hardly the best choice!! |
think i will get some more in the .4's bring my average down to .52 |
Agreed, producers only for me from now on. Just glad this was a small punt at a low price. Just hold it on the off chance TK ever gets funded. |
Brutal. If the market actually believed this was the last dilution, the placing price would have been an effective floor. Instead, capitulation. And thanks for the ban, goatherd. You obviously can't handle the truth. |
It’s totally unreasonable to expect Directors to be honest and admit that a placing is imminent, it would obviously destroy the placing price even more. (The ASX gets round this by forcing the company into a protracted trading halt, before the need for a capital raise is self evident. The UK should do the same.) Given it’s a prospective gold mine in Ethiopia, there are going to be very few projects with a longer gestation period. Who knows how many more capital raisings will be needed, it should hardly come as a surprise to anyone when they appear. Personally I would think investing in cash generating gold mines is the best way to profit from a high gold price. |
Placing at 0.55 yet you can buy at 0.51 in the open market |
I'm in ;-)
GLA SR |
If HA was a trustworthy guy this would represent a great entry level or top up opportunity, unfortunately he isn't so KEFI won't get a penny more of my money. Show us the Beef Harry ! Deliver TK funding in the next 4 weeks. |
Looking very much like VAST...we don't need no placin'...
...until we do. |
Looks like we're heading for an all time low |
There we go, the share price plummets below the placing price. Quelle surprise! Nice one Harry you @%£# ! |
To be honest the discount isn't that bad considering the spike just before it's just frustrating HA has done it again and brought out the confetti machine. The share has been between 0.55p and 0.6p for large parts of the year. It beggars belief that HA claimed the increased TK funding would save diluting shareholders and then does this. |
I have only been in here a year or so and to be honest it was a small purchase as a complete punt but it does have all the hallmarks of so many other AIM lifestyle companies promising Jam tomorrow. This was the last AIM share that I bought before I promised myself I would never buy an AIM share again after being burnt so many times. Small companies need capital so the basis of AIM is good but the reality is that 95% + of it is an absolute casino |
Now you know why IG index stopped taking bets. |
I reckon there's some kind of offshoot of Stockholm syndrome going on with AIM miners.Dog syndrome i would personally call it, or pile of shyte syndrome ROFLMFAO |
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