Kefi Gold And Copper Share Discussion Threads

[sussexlibran1] 26/4/2021 17:26

@belfastboyo - I would happily vote to get Harry out - I think his performance has been awful. No more chances, he has had WAY too many and not delivered on ANY of them.

[donegal1997] 26/4/2021 17:05

Lack of volume would suggest no RNS tomorrow. Going to a painful wait.

[belfastboyo] 26/4/2021 17:02

You don't lose money unless you sell at a loss...yes share price might go down with an EGM initially...but as an long term investor here (not trader) then again it might go up through the roof should a competent CEO be elected to the BOD...Harry Adam's is the primary reason imho we sit at a sub 2p valuation (40m market cap) when we have $3BN+ in the ground...mr market only sees more failure and more dilutions due to his incompetence and not a viable mine/mines but hey I pray he for once proves me wrong

[belfastboyo] 26/4/2021 16:56

Hi digger Well I can't make tomorrow am call unfortunately but do let me know if my question comes up...actually 2 questions....along the lines of "since he has failed to deliver since 2018 TKGM closure why should we believe he will by end June? And, if he fails again...will he resign?Probably won't come up but hey ho

[theaviator] 26/4/2021 16:54

Mind you, not so uncommon with an aim exploration company really. Most are crocks of...

[theaviator] 26/4/2021 16:53

Partly but just interesting to see and how everything was drafted. There are so many safe guards in the mem of arts it's as if was drafted especially for failure

[jlwilliams] 26/4/2021 16:29

Aviator - in respect of Ethiopia, surely names pre Nyota buyout are irrelevant?

[theaviator] 26/4/2021 16:14

V interesting reading the Mem of Arts. This was soooo setup as a lifestyle company

[howling] 26/4/2021 16:09

O dear
Two Telecom bidders only! considered a bid but ended up pulling out said the process had been opaque with little information on vital topics such as the price for accessing infrastructure. “You’re totally blind . . . you don’t know how you will invest, how you can take your cash out, and if you will have access to the foreign currency from the central bank,” he said.

[cutandpolished61] 26/4/2021 15:21

looks like a traded warrant from Friday at 16:09 to me

[1deedee] 26/4/2021 15:05

Just noticed some large trades go through earlier was it a sell or buy

[mustafa15a] 26/4/2021 14:52

Another one mil added at 1.94 this is such a steal!!!

[theaviator] 26/4/2021 13:54

Copper keeps on moving up..

[robjm66] 26/4/2021 13:29

hxxps://webcasting.brrmedia.co.uk/broadcast/6076035b0386285386cc80f5

Just put the tt in the address back in fill in a few fields and bobs your uncle shortarm.

[belfastboyo] 26/4/2021 13:18

Well I and a few other large holders I know own >3% so not that hard Rio...I'm ready if others have got the b@@@@ to do so...but again only if he fails once again to deliver by June....to be totally clear I hope and pray he actually delivers as I have every reason to do so but I personally won't be party to any more delays or bull@@@@...time to call him and the BOD to account on any more failure...

[belfastboyo] 26/4/2021 13:12

Yes and I have been listening to that malarkey for 10 years...and especially the last 2 where we are given innumerable dates when funding is going to be signed off, approved, countersigned etc..yet never happens...5% shareholders voting for EGM would at the very least get the NEDs and Others to "pay attention" to the c5000 private shareholders here..and stop treating us with disdain

[riotinted_specs] 26/4/2021 13:10

Fairvalue, it would not be difficult to drum up 5% ownership from a handful or two of investors on this board. But we are currently not in agreement. If that changes toward ousting the CEO, it would take precious little effort to make that happen.

[shortarm] 26/4/2021 13:09

Rob, link to register for the webinar please?

[belfastboyo] 26/4/2021 13:08

Well, win or lose I intend to put up a fight at least if he fails once again to deliver anything as stated again for the umpteenth time...and then gives us but more delays and more dilution...seems like many of you will be fine if Harry continues to fail and we go from 500m shares to 2.1bn...oh wait we did...and maybe 5Bn by next year if Harry is in charge...Again, I want him/them to deliver but won't take any more failures without a fight...some will join me, some will not

[theaviator] 26/4/2021 13:05

Goatherd,He stated he started this company on his credit card. The fact of the matter and imho is he then continued using shareholders credit and has yet to return the money adequately and most have had to average down substantially over the years due to the incredible dilution. There have also been five name changes. There gets to a point you have to surely wonder??There are a few legal things I need to double check with incorporation dates and name change and how that fits. This history is below..NYOTA MINERALS (ETHIOPIA) LIMITED 23 Aug 2010 - 18 Feb 2014GOLDEN PROSPECT MINING COMPANY LIMITED 12 Feb 1999 - 23 Aug 2014GOLDEN PROSPECT LIMITED 25 Jan 1999 - 12 Feb 1999HICKMODE LIMITED 11 Dec 1997 - 25 Jan 1999The first step we would need is viewing the statutory registers and determine if the law is based on the old model or new model 2009 that may limit a process. It appears regular voting rights for resolutions are in place though and I can only presume because of the name changes..."Voting RightsAt general meetings of the Company, on a show of hands, every member who (being an individual) ispresent in person or (being a corporation) is present by a duly authorised representative not beinghimself a member entitled to vote, shall have one vote and on a poll every member present in person orby proxy shall have one vote for every share held by him. On a poll votes may be given eitherpersonally or by proxy.If at any time when the City Code does not apply to the Company, a person (together with any personsheld to be acting in concert with him) acquires any interest in shares in the Company which would haveobliged them to extend an o¡er (a ''mandatory o¡er'') to the holders of all other shares in theCompany had the City Code applied, the directors have the discretion to disenfranchise such a personuntil a compliant mandatory o¡er is made.(c) Alteration of Capital"What is interesting is I discovered this.."10.7 A Relationship Deed between EMED and the Company dated 7 November 2006, by which EMEDagrees not to operate in Bulgaria and Turkey, and the Company agrees not to operate in Albania,Armenia, Azerbaijan, Cyprus, Georgia, Greece, Hungary, Iran, Oman, Romania, Saudi Arabia, Serbiaor Slovakia the ''EMED Area''. The Relationship Deed provides that EMED has the right to appoint onenon-executive director of the Company. It also provides EMED with a right of ¢rst refusal in respect offunding any proposed mining or exploration project of the Company. The Relationship Deed providesthat the Company shall refer any opportunity to conduct mining or exploration activity in the EMED Areato EMED, and EMED shall refer any such opportunity in Bulgaria or Turkey to the Company."(That's old I appreciate.)There are ways and means am certain and the more I delve, this has been setup v v thoroughly and pretty watertight with the other directors/parties. So far and with what I've found this seems to be under the newer companies act which would mean he couldn't override any votes?I will continue to delve...