Will be very happy when this gets to 3p. At least I'll make 50%. |
I will give Harry as long as he needs.
His only fault that I can see is he is very confident - perhaps over-confident.
But, surely, that is so of the great majority of AIM CEOs. If they were not very confident no one would invest in their companies. |
Glasses always good |
Unfortunately, if you’ve been in KEFI for as long as some of us have, then you will know to never rule out another placing. Even when you least expect it. And you’d be very wise not to take any notice of goatherd on this issue.
We’re less than two weeks away from the end of Q1 2025 and the TK funding saga continues to drag on, with no clear end in sight. Yesterday’s RNS gave me little confidence that the end is imminently closer. It seems that there is a Harry Potter style container from which even more necessary paperwork that needs finalising emerges to replace stuff that is now apparently signed and agreed.
Something is not quite right and I’ll ask the same question: Just how much longer are shareholders going to give Adams to sort this out? |
I'm well aware Goat, it's blatently obvious at this juncture usurping a $240m sign off with a raise (that we've recently had) is a basic mischief bs comment, got the response it deserved |
Farty one.
A fund raise does not mean that. By "fund raise" the poster meant (I think) the issue of more shares.
You really should brush up on your knowledge base. And perhaps stop being so rude.
Barry, yes, I know. But I just have a sneaking feeling that they may think they really need us. Very much a wild guess, and probably will not happen but I feel it would be nice. |
Eh? It is completely impossible, they are already in breach of contract, hence the forced fire sale. |
If we are bought out of Saudi Arabia then there may well not BE any more fund raises. :-)
Although, speaking personally, I would, on balance, prefer us to be reinstated to the status quo - at 40%, which I do not think is impossible, though, alas, I do not think it will happen. |
Another licence area
"while a consortium of Artar Gold & Minerals and Jacaranda Consortium won the license for the northern Al-Hijar site." |
but how long till the next fund raise? |
The great Gold unwind, comex, lbma, bullion banks jpm, central banks, all scrambling to hold or repatriate physical, as the paper and etf derivitives BS racket unravels and blows up in there faces, helped in no small part by China and other brics sabotaging off the dollar and into Gold, world debt, money printing and deflation, inflation, Get your popcorn
And here we are, with approvals approvals a week or two from sign off , not a reason or chance in hell this mine don't happen |
My eyes ain't so good, excellent? |
In one word. "Excrement" |
When are they actually getting the dosh tho? Seems like there's tonnes of important documents to sign, one would imagine on proper expensive headed paper with all the bells & whistles and even with a Parker pen. Right up Harry's Street all this signing of documents I reckon imho ! |
I'd be happy with 3p and delighted with 4p. |
For the record, I will be very surprised indeed if once Kefi has published a full Annual Report covering a full year's mining, the price is then below 10p.
That would be just under an 18 bagger, (17.986).
How, long? Probably around 3 years IMHO. |
Kefi themselves said the discounted NPV at 2800 gold was 15p?Not that NPV is the best measure of a shareprice but - five pence does not seem so ridiculous as you suggest. |
"Suppose they go to 5p (which, IMHO is a bare minimum)"
You really are a menace. The 'relatively inexperienced' should run a mile from anything you say. An utter charlatan. |
For anyone thinking of buying (and, IMHO, now is the time to buy!). Many of you, of course will already know this. So this post is for the relatively inexperienced.
If you pay 1%, or 20% more, it is relatively unimportant in relation to your ultimate profit. If you pay 20% more on 0.556 that is .6672.
Suppose they go to 5p (which, IMHO is a bare minimum) the profit per share at 0.556 is 5.0 - 0.556 = 4.444 at 0.667 is 5.0 - 0.667 = 4.333 which is only 2.5% less.
BUT what is important is the number of shares you buy. If you decide how much cash you want to spend (which is what I do, and I suspect most people do) then if you pay a 20% higher price you will get 20% less shares, so your final profit will be 20% less.
I hope I have given you something to think about. If I have not made it clear, please ask and I will try and clarify it. (I found it rather difficult to write!) |
First purchase 8.7.2011Since then 93 buys no sells now all in my Isa.Still underwater.In my 212 Isa not included above average is .0049p.At the end of the day it's only money. |
I have come to think that CEO's both AIM and main market are very much like football managers...every so often the stars align and they drop lucky, either with market conditions or some other decision which pays off, however few are consistently continuously successful.....but are continually successful at staying well remunerated. |
Estseon...Probably like most, I have promised myself I'd never buy another AIM share after those disasters....otherwise I might have piled in a bit more here. That said I only arrived here late so my average is in the 0.5p range. It's so tempting to buy more, but reading the history, Harry's ramblings and past experience of AIM disasters, I have resisted and will just ride my tiny holding....clearly regretting it massively if it rockets. I also piled in to XTR...before my AIM promise, only to watch Colin Bird lie his way to an share price plummet |
Youch!Hopefully you will get some profit finally knowing the next few months! |