Remember that most offers are conditional on a certain percentage accepting.
I think that the percentage accepting a derisory offer (anything under 10p IMHO) might well be too low for acceptance. |
Believing a perpetual liar is like relying on a chocolate teapot for your morning brew— sounds sweet, but it’s a meltdown waiting to happen. |
"By the middle of next year we will be well and truly into major construction " Harry on Proactive.Hmmmmm........ |
I'd be happy to take 2.75p for my shares after the latest raise. I think talk of 5p+ is hopeful in the extreme, though I'd love to be proved wrong.
I think some people need to look at the chart to get a sense of reality as to where we are and then look at how many shares are in issue. Sponsored valuations will always be higher than what will be achieved.
I'd gladly take 12x the current share price today, in fact I'd snap their hands off. |
Chopper harris I learnt the very hard way to never average down on a losing position. losses just get magnified. Also you do know that Financial Approval won't be the last step in the process. Harry will find other ways to continue the lifestyle management without the hassle of actually doing anything. Probably the underwriting stage or some other BS word soup excuses. |
A bid of 12x share price sounds perfectly feasible. Happens all the time. Companies are queuing up to chuck £350m at a business that 'owns' some dirt with a few farmers on it. |
If (and I really hope it’s a big IF for the sake of my “investment221;) TK funding does not happen and it subsequently transpires that funding completion was never as close as we were led to believe in numerous RNSs from the company, whilst throughout this period the management were continuing to award themselves over-generous salaries and “consultancy fees” from a company earning not a single penny in revenue, then I would like to think that collars might be felt. |
chopper, since when?
AIM |
Hopefully no one was stupid enough to partake in the recent raise. As ever where KEFI are involved, you’ll be sitting on a double digit percentage loss in less than a week. Heading into the 0.4s and zero credibility for HAA. A 240x dilution of my original shares but apparently still a great investment according to some. I’ve been an idiot too chopper. Learned a painful lesson, but all my own fault. |
Well, I’m an idiot, I’ll admit, as I’ve actually averaged-down again. Not through any great optimism but in the more desperate hope that something, anything, might just push the share price closer to a penny, at which point I can finally get out of this shambles with a small profit.
Regards the court case: surely a company is legally bound to report any event which can materially affect it and its share price to its shareholders and the wider public? |
Are you suggesting some clarity or honesty from Ace Adams chopper? Why should he suddenly start caring about shareholders after showing only contempt for us fools who have kept him in clover for years. Anyhow our biggest resident fool and Harry’s unofficial mouthpiece already knows KEFI have an open and shut case so don’t go worrying yourself. |
6 - 8p, one farthing more like!
another new project, forget the finance, we need none of that with new pie in the sky! |
Oh look at the 200 or so idiots mugs who participated in the retail offering at £.0055 could now buy at £.00499 just days later. |
I'd get the idea of choosing to live in an alternative reality if the losses were significant, but surely no one has thrown more than a few hundred quid at such an out and out punt?
Even at it's prime it was only ever a 'fruit machine money' job. |
Levels of delusion are off the charts here. |
Chopper Harris, when does Hary ever release a negative RNS. Never, all those missed timelines and not once has harry said why!!! People investing here are idiots and they just won't accept it. |
Yes I would take 6p to get out since waiting for the dividends could take another lifetime.. However it would be a disappointing end to what could have been a fantastic opportunity. I guess some would still be sat on a loss. |
Edison's valuation for post commencement of full production including Guji-Komto is now 8.68p "at current metal prices". Loss of credibility in management and the relegation of the JV in Saudi to an investment for realisation is bound to make Kefi vulnerable to an opportunist bid and I doubt that many would say "no" to a 5 or 6p offer. Recent shareholders would be looking at 5-10 x and LTHs would be looking at an exit from this interminable anguish, some or most with a profit of some description, albeit that it will fail to compensate them for the pain suffered over the decade (or more) of disappointment. |
 Jaylett i made my point but it was a fait accompli when it dropped to 15 percent and unlike others I do not see the point of constantly moaning about the past.
There is also nothing stopping kefi re-entering Saudi once it gets cashed up but with a high much percentage of any prospects as it already has a good track record of discoveries.
As for people following there obsessions kettle calling the pot black?
Additionally, KEFI plans to list on the Ethiopian Stock Exchange, unlocking local funding to support its expanding portfolio in Ethiopia.
These initiatives position KEFI as a leader in leveraging Ethiopia’s vast untapped resources while contributing to the nation’s economic growth.
Addis Ababa, December 5, 2024 (FBC) – Ethiopia’s State Minister of Foreign Affairs, Ambassador Mesganu Arga, met with Saudi Arabian investors in Riyadh to discuss investment opportunities in the east African country.
Ambassador Mesganu highlighted Ethiopia’s recent economic reforms aimed at fostering foreign trade and investment. He emphasized that these reforms have created a conducive environment for international investors across various sectors.
In response, Saudi investors and heads of companies expressed their appreciation for the discussion and showed strong interest in investing in Ethiopia. They highlighted potential areas of collaboration, including agricultural production, livestock breeding, mining, tourism, and the establishment of factories to access the broader African market.
(critical minerals) |
Trying to get my head around this claim against KEFI in the High Court.
Unless I’ve glaringly overlooked a message from the company in the past, shouldn’t an event of this potential importance and relevance have been relayed to shareholders in the form of an official RNS? |
"On the plus side TK should get over the line"
Should it? You've been saying the same thing for years now, at every stage of this farce. No matter what the feeble excuse and no matter what it costs, the answer is always the same; TK is just around the corner. You were here for Saudi, if I recall, but swallowed that medicine with nowt but a murmur.
It is quite ironic that you refer to HAA as Ahab with Ethiopia, as you're exactly the same with Kefi. Resolutely determined to land the whale whatever the cost, despite the fact that it is now little more than a malnourished turbot that you're chasing. |
Not sure of cases, but hype at 0.6p by Tom? Caught out as an insider with 0.55p offer, now 0.5p to sell?
I wonder if Tom feels used by Harry?
Harry adds a new prospect, bought at what price? 1 US dollar or... 1cent?
Never ending CON? |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
