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Strange but true is going UP again 0.566 v 0. 58p
Never mind the early UT at 0.55p showing on the Intraday chart
note : Kefi is an order book stock and always shows the last UT
Minor shunt, hope they don't sign before by GTC order at 0.566p gets snapped up.
The sp has been shorted so much that any technical analysis is skewed. Yes, metal prices have increased, but means nothing without production.
We all know or we hope, that the only means this sp will rise is when funding is announced.
My chart last night.... Starting a new life in the charting front
chart with comment ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=2Z5hrFermRRKwulNEjanhl7XmAW6CvhesbXsztYaXGM=
International director, no less.
FiveCandles, thank you, that's given me the best laugh on these boards for a while
FC - genuinely no offence intended, but it's kinda tough to believe you were a finance big-wig, given your behaviour over the last week or two. Credible people generally don't act in the manner you have.
Qnard, i was international business director for a Swiss Blue chip for over 20 years so i have more than a tad of knowledge of these matters,i would be interested to know what you personally think is the actual cause of delay because due-dill is normally carried out before agreements are "agreed" ? for example if one of the financial partners has an issue they not happy with and our CEO has not divulged that information to the market it would constitute market abuse . However if that financial partner was ok with all the technical details of the agreement but had a "personal issue" with someone involved in the wider agreement ,that is a grey area. Hence why i pose the question.
Thoughts ??
Fivecandles, I work in finance, I know and see the variance in the due dillgence that is performed by different institutions, it's governed by their risk, compliance, governance and internal audit teams. If something is missed or not completed and you don't have another committee for a month or even a quarter, stuff won't move. The DD will take as long as it takes, as for another posters comment on using the DD from another institution, God! That's just given the heads of all the teams I mentioned a seasure and whoever does it a one way ticket out of the door...
Ohhhhh, bless him.
Well im in for a punt, picked up 1 mil, lets see what its worth come xmas.
Fukutu
Stop talking from the ..... buck sudu, tu much rubush un yuu pusts
Fivecandles, that’s pure speculation based on…. Well nothing.. thin air…
If it was based on something, you might have a point.
It is taking its sweet time, pretty sure we’re all aware of this.
But the facts remain - on track to compete funding.
Maybe put the computer away for a bit and get some fresh air.
That's a big jump from 0.563 to 0.564 must be funding now sorted lol
A good size buy 3.5M just now and paying just a bit more than earlier
16:01:44 - 0.564 - 3,544,431
All i am saying is what is the actual cause of the delay,we have a financial partner that is being offered a huge money making opportunity but they have taken every chance to stall the sign off.Could it be they love the project and the fiscal reward but dislike something about someone involved ? a trust issue ?
Join the dots and you will see what i am saying could be the real situation rather than what we would like to believe.
Metals have been rising and now is the time for the stock to go better like today.
Maybe its also time for some to have another look at the sock before is too late
spread 0.55 v 0.578p +0.012 but real prices are sales at 0.551 and buys at 0.5629p.
Get a grip man, news coming shortly we'll know either way.
You obviously haven’t been here for the last 5 years if you think investors have no ground to be negative and if they had the gift of hindsight not one would be here now . I’m averaging around .90 and thoroughly depressed with this company. Where’s the JQ DFS that was to be expedited oct 22 RNS .
Your comment is relevant to your agenda
Continued :
It is the rewarding of failure though that is perhaps the biggest kick in the cahonies,there also appears no logical mechanism to remove bad management here.How on earth can this continue,if we are still in this position in the year 2032 do any honest shareholders admit they should have acted ??
It such a shame what we are seeing before our eyes now,and this from someone who is a long standing bull of Kefi.
When I read negative comments, it's hard to believe that they're written by people who bought shares. So these comments are probably written by people who have nothing to do except negative comments. Everything will become clear soon and I believe it will be positive for us.
Kefi come on
Give it a rest FiveCandles, you are embarassing yourself
The benefit of removing ARRY right now could be life changing for shareholders,it could actually be the case that he is the problem in the sense that certain parties and certain funding partners do not simply trust him.If say for example we had a new appointment as CEO,someone with a record of delivery and competence,with regional and governmental expertise it could make the difference in terms of speedy sign offs and even future deals.
As someone who has previously defended the guy to the hilt,i do find myself somewhat in the harry out camp now because we simply cannot proceed another year in this vein.And lose such precious time anymore,in reality could a more competent CEO have already had us up and running at TK and giving good dividends ?? i think the answer to that would be yes most likely.Hence the frustration of the current death spiral.
EL - comedy indeed…
I’m not sure what benefit removing him would bring.
In fact, it would almost certainly be a huge mistake.
If things do go pear shaped here, it changes things quite a bit.
But the indications at present are that things are progressing and will close as expected.