Just a few trading days left of 2024 :-) the herd will move in soon enough |
Call it what you like buddy - you said the below lol.Buy 17M v Sell 92M |
shortarm, I would not call sell at 0.51p an up day? |
You are not far out for me Katsy. I need a 3.6 bagger (rise of 2.6 times) to get my money back.
But, I am very confident indeed! It certainly isn't keeping me awake at night. (And I do have an awful lot of these shares - far, far more than I should). |
It's years off production. Could be years off funding even. By the time Saudi gets funded Kefi could just be upping its stake rather than selling out! IMHO assets that far back on the dev curve don't trade at the rates you are talking. I mean just look at Kefi value (TK) and we are 2-5 yrs ahead. |
That is a weird post dude with issues? The price would go down if there was a significant imbalance (or up like today obviously).Are you that angry with Kefi that you are grasping at the thinnest of straws? |
Another crackin day,
Buy 17M v Sell 92M. Rob is on to it! |
Expect an RNS tomorrow |
Funny that the transaction you called a "dump" Katsy seems to have no effect on the price though. I do agree it looks as if it was a sell - but, perhaps, it wasn't.
Of course, we don't know when it happened. Or do we? |
Welcome to teh Hotel California. |
Nice welcome :-)
Long term lurker. Just recently loaded up on KEFI - sorry to all the LTH's that I'm leaching off, for the sake of us all hopefully I don't become one of you :-D |
Stephen1690 Member since: 29 Nov 2024 Free Follow Message 1 Posts 0 Followers 0 Following |
SportsBoysLima, where on earth did you pluck that figure from lol
$100/oz for gold in the ground has been the 'rule-of-thumb' for a long time. With gold prices surging, SA being flavour of the month, plus exploration still wide open I imagine that the actual market value will be well above $100/oz.
Being conservative though, 3moz x $100/oz x 15% = $45m. For me that is minimum. Anything less than that and we've been robbed, but with the upside potential and lure of SA, I wouldn't be surprised to see above $70m.
If you ever consider typing "guessing a valuation...." again, I would suggest that instead you go away and do five minutes of research. Don't guess. Make and informed estimation. |
Perhaps by the law of averages the avatar will get a call correct eventually - even if by luck rather than sound judgement? Although it seems unlikely that his run of inglorious failure will end here tbh. |
Demented. Just full on lunacy. |
Whatever, no nearer to gold dig! |
I believe any sale of the Saudi assets under the contract will be priced on valuation, not market perception. This should yield a very much higher return than a market price valuation.
With no significant evidence I rather wonder whether they are trying to renegotiate the Saudi contract, with a higher percentage share. We do know Artar invited them in in the first instance, and clearly needed them. So perhaps Artar still need them and want to keep them. One can but hope. |
These banking reforms are a game changer for our funding banks and the wider sector so i expect that sign off is now alot closer.As for Saudi i predict £25 - £27m for the full sale.Happy days :-)
RNS anytime now on both fronts |
Think this will come good but talk of $40m-$50m for Saudi seems way high at present. The current funding has taken pressure off and made a fire sale unnecessary for now. Its also probably kicked dilution can down road.My guess is a sale most likely to be 6m off if not far longer. Guessing a current value would be $15m-$20m. Any minority stake carries a heavy discount. |
"Member countries, upon acceding to membership, are required to ratify the AFC’s Constitutive Instruments in line with their national laws, essentially domesticating the AFC Treaty into local law by the requirements of the country’s internal protocols"
While it would be nice if AFC membership was confirmed this week its not nailed on but the bill is a step forward as a foreign banks competing with local ones is you would think more controversial than AFC membership being ratified and common banking codes likely to have some overlap with "domesticating the AFC Treaty into local law by the requirements of the country’s internal protocols."
55 i wish well i did say i would start counting backward on my last birthday. |
Not sure that has any bearing on Ethiopian banks and kefi lending? |