Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Its achievable because most of kefis deposits are open or expandable and it has the the exploration portfolio of a much bigger company then chuck in what could and should happen with a middle eastern listing. Sure there is negative sentiment around due to past history but new money is not going to care about that. Short term will just be happy with TK go ahead and JQ upgraded resources then the company kicking on with JQ go ahead and progress with Hawiah and listing plans early next year. Longer term i would think the company will be taken out but if not the company has enough to keep it going in a world where we are likely to see higher prices for copper and gold and resources in general.
So you’re thinking 4-5p still achievable then?
My target for these was 2.8p (very hopeful I know) and has been for a while but if Harry fails again in October as is now looking likely and it slips to next year I imagine I won’t be the only one considering dropping out of this share at 1p or below before the next round of dilution.
Warrants exercisable up to two year from admission date (18th of may 2022) However would be surprised if between good news on TK and Jibal Qutman they are not exercised in the short term. Present market cap still does not reflect the projects kefi has kefi should be moving faster towards 2 3 hundred million mid cap status.
When do the warrants come in? Is it 1.6?
Probably more than double the average buy in.
Off book trade
100% that was what held up the march past .7. If that is it and not another block coming we will pop higher on monday as hopefully we have cleared out the deadwood.
Trade now showing. Could it be a sell and explain the lack of movement in the SP today despite the heavy buying?
Manu, come and join the (impending) party. Don't be a party pooper! Exciting times for long suffering shareholders.....
Breakout coming up !😂😂😂😂😂🤡🤡🤡🤡🤡
.72 On Ask Now so moving up although rather slowly !
Remember that Saudi investors and even Ethiopian investors {not least the corporate investors on this project) might also see the strategic move to invest post funding and prior to a possible Saudi listing so professional investors will be piling in from the financial close as that is when the greatest and most guaranteed value creation is made up to first pour. i am sure Harry will be discussing this type of thing post financial close as the reality is the dividend in 5 years could be equal to the current share price comfortably. When do you get the opportunity to invest today in a £30m company that conceivably, even for the bombed out UK market, should be valued £150m+ post financial close and potentially £300m by the middle of next year with things falling our way with Hawiah and JQ that now seems odds on. Once financial closure finishes my understanding Kefi gets some cash back of around $10m and will be billing for our services going forward so with the warrants triggered we will be generating cashflow into Kefi. That cover Kefi to keep our percentalge in the biggest Copper project in Saudi and our gold in JQ. need to check all of that but have come across it more than once.
Those investing today could be looking at a multibag this side of Christmas IF HAA can deliver to the planned timetable. The rest of us 'long termers' will have to wait until next year to make our serious money! Getting closer.....
Even after the credit sign-off, there will be a lot of resistance between 0.7 and 2.0. There are traumatised people who, after holding for many years, will be selling at an average cost price or slightly higher, just to get rid of the emotional burden. That's a human nature. So the stock will be lagging until the long-term holders are replaced by the professionals playing the PPSS game (The Pre-Production Sweet Spot) independentspeculator.com/the-lowest-risk-strategy-for-the-highest-gains-ive-ever-seen.
Nothing wrong with placings if it brings benefit to share holders and not wasted on high wages and lifestyle Harry has to get this over the line i think it's a 50/50 but if he does those buying at these levels will be celebrating all night
.7 Does feel like the last bootfilling chance before Kefi pops higher and could be scooping up left over placing shares or someone who bought in placing recouping the outlay. Whatever it is cant imagine it will last long as some news coyld start to drop next week and Towards the end of the month.
Steve - it could be.. I was thinking about the same when the SP was at 0.55p.. Also there is a technical resistance at 0.7p; coinciding with previous placement share price... This also could be the reasons behind lack of movement.
It feels clear to me a placing is being filled at the moment the good news is it might be as high as 65 hence the stagnation of sp whilst it is filled at worse 60
Seem unwilling to move the bid/ask atm despite lots of buying this morning. Lets see what happens this afternoon into the weekend (and Harry's 'chat' with TW)
Maybe AJ should stick to asking his granny and her tea leaves. As for the syndicate it has been coming together perhaps AJ been on holiday for the last few months.
The Syndicate had the Ethiopian mining minster flying to Australia to meet the Equipment contractors and the African banks going to Addis to thrash out fine details with the Ethiopian central bank leading to a changes in Ethiopian law.
The Syndicates stance is they want this to go ahead.
Doubt many people to would cross the street to find out what the AJ stance is.
Ah, wondered who the green box was lol
Ah, AJS, where have you been? We’ve all so missed you!
Regarding your post; you’ve clearly spent some time constructing it, even though it’s the same tired nonsense.
Did it take long to write and how does it feel to have wasted that time?
So the latest recycled news-driven rally peters out below the last placing price. At 0.70 there are more sellers than buyers. That alone tells you all you need to know.
Of course TW is going to give his darling Harry an easy ride! It will be a Zak Mir style puff piece. "So Harry, is your c**k two feet long or the full yard?" TW is a shareholder here so he isn't going to be asking the awkward questions like why, nearly a year after announcing it was imminent, the banking syndicate has STILL not come together.
As for chartists and breakouts coming and all sorts of other guff, if you want to know where the price goes from here you may as well ask your granny to look at her tea leaves. You cannot tell if this will rise 10% or fall 10% from here just by looking at past share prices. If you could the chartists would all be billionaires.
The price will be driven by news on the financing syndicate or lack thereof. If positive news comes it will likely pop. If it doesn't it will likely bleed down, drawing in traders from the last rally to sell at every 5% down.
My stance is unchanged. There is a reason why the syndicate has not come together to this point, and I do not believe any number of meetings, site visits, drillings or surveys will resolve it.
More than a decade after listing, the cumulative turnover of this stinking pile of merde is GBP 0. Meanwhile Harry and your board have grossly enriched themselves (and continue to do so) sending tens of millions of shareholders' funds to money heaven.
"So Harry, how much longer do you think you can get away with it?" will not be one of TW's questions. But it damn well should be.
Well joking apart Fantasy doubt Harry will get totally free ride and not going to complain about anything that gets the message about Kefi out there.
Agree though the company has to spread it PR and marketing net a bit wider than TW for instance get someone from Kefi that speaks Arabic on Saudi TV and Media after all KSA is awash with money.
Rob - correct, I am not against anyone holding KEFI or HAA to account.. TW one is a bit of a joke.. :) I don't disagree with the interview.. it is not an interview to scrutinise HAA, but a PR exercise as we are close to sign off. As I said, kefi has made good progress and it is about time to deliver.
Welcome the interview as PR exercise rather than "holding HAA to account" nonsense.. :)
What sort of MCAP could we be heading for ?
Thanks