Kefi Minerals Takeover Rumours (KEFI)

Kefi Minerals Chart

Kefi Minerals Takeover Price

Kefi Minerals Takeover Forum Posts

The EUA potential has been exhausted by that announcement one would think. Either all good for those in or not, but in that case the price will re-open where it wants and the real bagging will be over. And from the lows in October it has 15-bagged, and if their rumoured takeover or jv is confirmed then it could double again on that news to 15p! In our case that would also promote us to around 7p-plus, and not many would moan if Harry then took us down the same sell-out or jv - assuming the Ethiopians are onboard and 'key' management (i.e. Harry and Jeff) are kept. Certainly the EUA example is such that shows it is the ultimate folly to be out of these exciteable shares when the time comes - as long as you don't over-extend. If EUA money is set free later today or tomorrow then Kefi must be one that many will look at for their next thrill... Sentiment, sentiment, sentiment. Topicel
1.75p is nothing, 20million market cap. The market does eventually catch up and will value this 50 to 60million after the funding RNS gets confirmed and money in the account. Plus When we start getting Saudi news or any sniff of takeover. It will boom. Exciting times ahead and next week is the pivotal week for many.
It is not just what they are willing to pay - it is also what WE, the shareholders, are willing to accept. Even if the KEFI board recommends a takeover we do not have to accept. And even if the majority of the shareholders accept, unless that majority is at least 90%, then no one has to accept it, and can retain their shares in the company.
The above discussion does not value the Saudi potential, I would not be surprised if a mid cap pounces on Kefi once money etc is recieved and mine build out progressives... how much would a mid-cap be willing to pay to takeover $150-250m?
They need to get a deep pocketed investor on board so they can stop the death spiral financing , La mancha are the smart guys in the area to work with, they just funded aim listed altus and are behind the Cantamin takeover bid announced today, they have an Egyptian billionaire family behind them so know the area well and have £££ to invest
Things look a bit different from an hour or so ago. This has the real possibility of a takeover once the RNS is posted. Who knows. Fantastic possibility now A long time coming for many on here to see so much action. enjoy. Gla!
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