Kefi Gold And Copper Share Discussion Threads

[fairvalue] 26/4/2021 12:28

Hi friends,

I work for a FTSE100 company, part of my role involves dealing with shareholders with our remuneration proposals.
I can assure you, nobody cares for the opinion of any institutional holders with <5% simply because they cannot affect the outcome of a vote. So you can imagine how they'd feel about an individual's c.0.001% holding.

It may be brutal, it may be unfair, but it's the truth.

If you are not over exposed, may I suggest a cup of tea and spending some time with other parts of your portfolio.
If you are over exposed, may I suggest a cup of tea and taking the lesson not to weight so much of your portfolio on such high risk ventures.

Either way, have a cuppa :)

Stay friendly

FV

[scrappycat] 26/4/2021 12:02

BB,

Why do you insist they were promises, they never were. It detracts from your case. You also seem to neglect the fact that much of his 'salary' was taken in shares/options. As far as I recall, he has sold no shares as a cash conversion.

Also, I am of the opinion that any attempt to unseat him would fail, and add to your chagrin. Still, that is your choice if such an event comes to pass.

[shortarm] 26/4/2021 12:01

Civil wars, states of emergencyAnd even Covid 19 causing a liquidity crisis - can't believe he didn't predict it! Useless, totally useless......I say let him see it through -June, July or August doesn't make a difference to the endgame! Attempting to replace him at this stage could set us back years!

[goatherd] 26/4/2021 12:00

BBB

It is not up to you alone. You will have (I hope, and think) have a lot of opposition.

[belfastboyo] 26/4/2021 11:48

No shortarm...What's really silly is standing by and doing nothing whilst an Exec. Chairman continually dilutes his loyal shareholders to infinity whilst promising the world and constantly (Not once or twice) fails to deliver to said promises...and shareholders continuing to put up with it...whilst said Chair & BOD dine at our expense...to be clear I want him to deliver but I will not accept another failure or delay...he has had his 7 lives

[scrappycat] 26/4/2021 11:26

I must admit that securing funding does not seem to be Harry's forte. When he was with ATYM, he failed to achieve such, and it was his successor that completed the task - thankfully for me. I hope, and anticipate, that this will not be the case on this occasion.

[shortarm] 26/4/2021 11:22

Sounds a lot like cutting your nose off to spite your face at this stage in the game!Bit silly too.....

[jlwilliams] 26/4/2021 11:18

goather - "sure" was my choice of word, i really cannot remember how he expressed his certainly on the webinar. But he surely did.

[belfastboyo] 26/4/2021 11:06

I will give him credit estseon only if and when he delivers financial closure of TKGM...not before...his last wonderful success was selling almost a 1/3 of the company to RAB & others for a paltry £3m...so no I get the history lesson having been here since Nyota (10 years) but I am drawing my line here, crossing the rubicon, burning the boats at the shoreside...if he fails once more I want him gone and new leadership to get this done

[belfastboyo] 26/4/2021 11:01

Is massively undervalued today (with 3BN USD assets in the ground as a direct result of incompetence of the Chair's ability to deliver to his innumerable "promises" and RNS's stating it's on track & going to happen only to them tell us oops...no it ain't and here's another lovely dilution for you morons...no sorry I will not accept another failure to launch without action...

[belfastboyo] 26/4/2021 10:57

No of course not...what I do want is a competent Exec Chairman who delivers for once to his innumerable promises...and personally I believe the current share price

[goatherd] 26/4/2021 10:54

And "being sure" is NOT a promise.

[jlwilliams] 26/4/2021 10:48

He didn't give a date, but he was sure it would all be done before the next webinar.

[scrappycat] 26/4/2021 10:46

BB,

Fair enough, but I should point out that Harry never made promises over dates, presumably because they were never within his control with the company's reliance on the EG for funding. He always stated indicative dates.

This time would seem to be different, in that there is the possibility of alternative funding apparently. I hope for both our sakes, that this proves a telling difference.

[jlwilliams] 26/4/2021 10:46

Aviator is likely to know more about that Goatherd... but does it really matter if it did cause a drop.... as we are all relying on funding anyway. i dont really care if price tanks pre funding, as long as the funding does get done, with the consequential rise. So surely the issue is, what is the surest way to get the funding signed sealed and delivered. And if it doesnt happen by June, can we honestly say that sticking with Harry is the best way.........

[goatherd] 26/4/2021 10:40

BBB,

But the moment you start canvasing for an EGM you will cause a massive drop in price.

Is that REALLY what you want?

Its certainly not what I want!

[scrappycat] 26/4/2021 10:15

BB,

Your choice, of course. However, without such dilution over the years, I doubt the lights would still be on, and many would have lost all. Instead, I and many others - including your good self, stand to make a healthy profit whenever this comes to fruition. Which, imho, it will.

[belfastboyo] 26/4/2021 10:05

Less than £1k...we the shareholders have paid the price whilst Harry & BOD have taken huge salaries and perks paid by us...so imho Harry/BOD have one last chance to deliver TKGM funding before end June...or I will be voting for an EGM to remove the exec. Chairman...enough is enough...no more free passes from me

[robjm66] 26/4/2021 09:44

They could RNS that certain consortium partners are happy even if every consortium partner is not quite ready yet. Could give details on the Ethiopian groups if it’s certain they are going to be part of the final deal probably something they can do to give a bit more reassurance things are on track otherwise it could be a rough ride.

Overall though Pr and marketing wise have been such a mess recently practically anything will be an improvement.

[alrotuwa] 26/4/2021 09:38

Just added a million shares to my position... or, as I like to call it, a million quid in 10 years from now... lolz

[scrappycat] 26/4/2021 08:35

I am going out on a limb on this, but I would not be surprised if details regarding actual funding were to be released before the webinar. If not, the webinar could be pretty hostile by assessment of the attitude of some who frequent this board. AS I said, just a hunch though, and probably wrong.

[robjm66] 26/4/2021 08:18

No problem.