MMs tried hard to trigger some stops today first thing .....zero sellers.Traders gone and savvy investors know what they have. Going to be a great Xmas here.....4p min.GL All.
Indeed degsg in fact the best tactics would be to ignore these for 2 years are come back when tge company is making millions by that time 15-20p I would imagine
Compared to other companies at similar stage 6p is fair value. I expect nothing less than 4p on funds received with a climb to 6 p as various milestones achieved.
We are awaiting our project level partners to sign documentation and trigger project level equity (non dilutive to kefi) this will fund mine construction etc and the mkt will have to close the gap to nav approx 6 times mkt cap
In short the market priced this as not happening now we are on the cusp of it. In short when papers signed and money in the bank we will start to see true value.
From what I can see the mms are reluctant to give traders the cheap re entry they seek.They know - as many saying otherwise do that an incremental RNS confirming signing of documents could drop at any time.Agreed ‘money in bank’ RNS will take a bit longer but I am Expecting an interim RNS confirming all parties have signed.How many were caught with pants around ankles when govt swiftly announced all issues resolved?