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And Leveraging up …
@0.7388p
GL
Nice 7mil trade
It won’t go a lot higher your full of s**t
I don't mean clueless as derogatory btw, but they're trading based on sp movement, as opposed to researching the fundamentals and actually thinking about the potential vs the risks. Clueless about KEFI as a company.
My brother sold a pile of KEFI at 0.75p and he's happy with that, because he's making those small wins across loads of companies. My point is that the people who are selling are those who bought in during a dip, they've made their 10%/15%/20% and are jumping out to go do the same somewhere else.
People who aren't selling, and are desperately trying to buy more (like me), are those who actually know that post-finance-closure this will be 3p-4p, which is now only a case of when the various parties can get a date in their diary to meet and sign.
Sorry should be strong buy but clearly clueless 😂
Not clueless traders but smart traders
Clueless traders are driving the sp at the minute. I'm just taking advantage of the profit-taking dips to load up with the proceeds of other shares I'm currently trying to liquidate.
1p will many be a psychological speed-bump, but the current fundamentals and risk-reward profile makes this worth more than that all day long.
I predict a re-rate to 1p-ish before Monday, then it is only a matter of time until major re-rate. Until today I would have said 2p, but today has shown just how many eyes are on KEFI - could be 3p-4p once finance is rubber-stamped (only a formality at this stage!)
That’s untrue
Hard to buy more than 1M shares….
Brilliant update
A not unrealistic market cap post banking agreement is around £100m-£150m in my view once you add in the $95m to the asset column so today market cap of £37m is still very good value. This obviously excludes any upside to Ethiopia let alone Saudi. Next 3-4 weeks will be a very exciting time for Kefi holders. HODL as this has been 15 years in the making so there is a lot of catching up to do.
LoveL, 'fraid I took my small% gain last month @ 0.7p. Ah well, gla.
:)
Will go a lot higher
Material update today that won’t be quickly dismissed by market given the years of waiting
Wee dip as quick buck traders exit.Next rise incoming
Because some think a quick 20% isnt a bad day which i would agree with. i prefer the whole pie however rather than a slice having waited so long anyhow
Was considering a punt until I saw JAdams bullish post, usually a good reverse indicator so I’ll just watch for now 🤣
Level 2 is getting flooded with sells now.
1p will come and go, possibly even today. Reason why is that credit approval is rubber stamping exercise as it was already agreed in principle and we know who who runs the bank really. While the share price will rise once that is confirmed most investors will know this and get in before. Definitive agreements will then be the next biggie but there is a queue of companies wanting to wash their money through Kefi and out of the other end in the Cayman Islands as they have had cash tied up in Ethiopia for decades. Ethiopia will be new eldorado as this offshore banking agreement is going to totally transform Ethiopian mining.
Sold at 0.82. Excellent few mins. GLA if you’re holding.
SP Well placed to go over 1
I have just looked back and find that Harry first had my money back on 9th May 2014 and I have been waiting ever since.
Not even Donald Trump could pretend it was a good investment until today.
Lets hope the excitement spreads joy over the weekend and beyond.
Well done Harry - for now - and keep the progress going.
GLA GT1
If we break 2.4p in next few sessions I genuinely feel 4/5p possible that's a 7/8bagger this is news we have been waiting for for couple of years
Enjoy it my fellow Kefians!!
Now we wait for SA's valuation to be added to the measly 30+ Mcap.
When we receive 90mil hopefully the SP will reflect it!
GLA
.87 To Buy Now !
Looks like market has accepted it's happening here
It should be over 1p if not today then tomorrow…
GL