Member Info for Bonkers0801

Hey crazytowner if me being happy being wrong makes you wrong but happy believing your right then agree let's leave the thread as it is.

Think its clear we need to agree to disagree on this one , despite your respnces which I do appreciate. Im not playing some hunting game like sharezy suggests, but I will continue to acknowledge the q&a like i have always done. But I certainly won't be making my investment descions solely based on them.

My opinion only of course

Indeed Mr plumper

I still stand by that the info on the q&a is unregulated and maybe what i should have written is that I dont see the same value as a rns rather then we shouldn't.

And if there is no update on saudi before the AGM (hopefully there will) it only reinforces my point

Crazy i think your missing the point slightly. You replied to my thread that the q&a are the same standards as a RNS , how can that be so when one is regulated and one isnt.

My point was , so many threads have been started that news expected before AGM because of whats been written on a Q&A , I'm saying whats written on a Q&A isnt regulated and shouldn't be 100% taken at the same value as a RNS.

of course the Q&A is trying to be transparent at the time of answering , but its not mandated.

The amount of times i have seen an answer published on the Q&A to then go back days or weeks later and its been CHANGED (without telling us) i have lost count on , an rns would need to be republished with the reasons why. But they can do that on a company Q&A without the worry of breaking any rules.

Some of the questions submitted and the tone and content of answers you would never see on a rns, because whats written in a Q&A can be OPINION , REFLECTION etc , whats in a rns has to be factual

Yes the q&a won't show market sensitive information , but there's a reason certain information is on the Q&A and some are published via rns.

If you have taken EVERYTHING written in the Q&A over the last 2 years as 100% factual and to the same standards as a rns its no wonder you have believed this has been imminent in finance closing.

I still stand by that what I read on the Q&A is unregulated ans

Not arguing ct , and if you say im wrong then so be it.

But a rns release is a legal requirement and conpanys have a obligation to do so by law to release market sensitive information.

And there is no specific law which im aware off that mandates a company Q&A , its done so on a voluntary basis.

Im happy to be wrong to save a full on thread , but I certainly dont take on board a company q&a in the same light as a rns

Id also argue the q&a doesnt fall under the same rules as a rns.

Any news kefi want to release that is market sensitive is done via a RNS

The Q and A has been set up which is too answer questions of "general intrest".

I believe there is a difference kefi saying we will update shareholders on a Saudi update by the agm via an rns and one answered to a general question on a website Q&A.

Crazytowner the webinar happened 6 days after that question was posted on the Q&A.

the webinar as mentioned, harry clearly stated that nothing was on the table and that choices were emerging.

Like you a update would be nice but Im not convinced it will be as substantial as some hope.

A saudi sale now would also put huge question marks on the recent raise.

Either way we find out this week i guess

Of course one might well come, but I'm a little confused why some are doing some kind of countdown as though its guaranteed because of a comment made by harry at the webinar. Those few are going to look pretty silly if n announcement doesn't come , or the update isnt as substantial as you are clearly predicting.

I wouldn't even class it as a missed timeline if harry says nothing prior to the AGM , it was a comment made in a webinar , which is unregulated and was off the cuff if you like.

But its a comment that some are completly fixated on.

Let me remind those few of another comment harry made in the same webinar.

"The saudi review yielded a lot of positive devolpmemts , and kefi now have some choices emerging , NOT on the table but emerging".

Like i said, a Saudi update may well happen before the AGM, but the above comment tells me that any descion at the time of the webinar on saudi was simply discussion stage and certainly not something that can be classed as time bound because as harry said it was only choices that were emerging.

Yep your right 1plus1 , 1.1mt , my mistake.

You also make good argument for the cost of deep drilling., id argue Harry doesn't save cash only spends it. But I guess or believe what your saying is any deep drilling on the underground mine would of probably led to much further dillution then we have already had. A point I also take on board

1plus1 , doesn't the underground already have a resource of 1.1m oz , but only 0.2m is mineable, which is expected to be mined from year 3 of tk. (4-5 years from now at current timeline)

I agree its open at depth , but unsure how Harry can determine whats down there when he's not getting the drill bit spinning, only the drill will confirm whats down there. Im always a little cautious when a c.e.o shouts whats there without proving it. Something he has had time to do over the years.

I also dont think harry will be involved in kefi by the time that part of the operation is in play , and won't be around to justify his statements if it's not true.

On balance of course there is a chance it could be massive down there , but I would still want to see evidence first.

Id imagine if it was proven another million oz was mineable down there finance would of been secured already and we would be talking about a potential of a tier 2 gold mine.

Either everyone will be very happy that finance has after many years been sorted.

Or we will have to listen to fresh excuses from rampers why it's not yet been done but will be shortly.

With all the tick tock , and rocket talk I really hope for once the dream is a reality.

Greencycle aka

Stormpiper, quagpalm, santigot, mainstay, ponderosal , chaucerman, lesterpidgeon, londuke eruditor, plus more.

Why dont you challenge my post, its so so easy to say ibagree with him and not the drivel of him.

Your posting history across all your ids are the same thing.

You simply post inbthe days volumes, or you attack other posters without given reasons why.

You simply write a lot about nothing.

Whats your take on kefi in general?

Whats your views on tk finance?

Whats your hopes for the agm?

Whats your hopes for Saudi?, give a little detail?

What has harry done that makes you so happy with his leadership?

What's he done that makes you concerned about his leadership?

What do you like about the licences surrounding tk, why are they important to you?

Come on stormpiper , give us something other then volume good today , or dont listen to the warrior or unemployed

Type an opinion for ONCE IN YOUR LIFE.

Fact is you won't !!!!!!

Obvious question for me mf is.....

If its obvious that askari can, and will extract value from those licences, why didn't the Chinese do the same thing.

Why sell to askari if they knew they could make more money from kefi? Makes no business sense to me.

I dont think those licences are that valuable yet , either where askari can flip them for company changing money or they can start thinking about mining gold from them , they are not close to that, and money will need to be spent on them, which askari clearly dont have (hence the speculation)

Maybe askari felt if tk is signed off it was worth the risk that kefi might want to be a majority j.v partner.

Kefi could say take on 75% of the licences and costs recieved from revenue from tk , askari get a mine and 25% of what they hope to be valuable land. (Plenty of targets) bit even then kefi can sit on hands because that scenario is a long way off due to tk not being online.

I just dont buy that askari has some plan that they took on the licences solely to flip the land back to kefi for a profit , especially when the Chinese could of done it themselves.

Kefi in any case, won't be able to afford the licences or meaningful exploration on them for a couple of years yet imo

More dillution will happen once sign of is completed, money needed for Saudi (providing we keep it), plus general working capital

Tk won't pour gold anytime soon and any money due back won't be imminent.

Will be intresting to see how it pans out , and what harry feels he has in his ammo which means the licences come back to kefi.

With the above in mind there is a case in which you see why he's in no rush to get it sorted

If we were in a j.v we would have to find our percentage of costs.

With fdr we get a large part of the company and from now on we pay zero

How can that not be the best option for pow shareholders.

To be honest crazytowner from askari point of view I have only watched the YouTube video shared here where the c.e.o was quite upbeat, something you expect when he's trying to sell it to shareholders , did feel like a sales pitch at times. Especially when talking about doing a MRE.

So yes I agree with you ot was all a bit of a "fluff peice " as you describe it.

But airing on the side of caution we simply don't know Harry's argument and the strength of that argument , he might have something we all turn round and go wow those licences are coming back , however it might be something we all say he has no chance with. We simply have no idea.

If I felt it would be answered I would send a question asking to elaborate on the setting aside comment , its such a weak statement to put in a report , bit kefi have made it clear this is something that will be addressed in time.

Kefis actions for me , especially given its 5 years now doesn't feel me with great confidence, on the flip side harry could of played a absolute blinder , if he feels so strong they will return , he will get then back with so much added data at the cost of zero to kefi. I'm not so sure harry vision is quite on par with that, its a risky ine if it is considering the timelines now in play

regarding the licence areas.

the key part of the argument, which we have no idea about or likley to find out about anytime soon, is the strength of kefis claim.

on the face of it, kefi clearly feel they have something to be aggrieved about. on the flip side, askari clearly seem quite excited by their new licence.

both above talking and acting how you would expect.

i don't believe there is a conspiracy theory in the sence askari have got these licences hoping to make money from kefi, they would of done their own due diligence and decided what they have seen is enough to feel they can go and explore legally.

what we do know is kefi believed one way or another back in 2020 those licences were to be issued to them , when wording is put in a report to say licences have been "put aside" it doesn't feel me with confidence that all legal steps were conducted. especially as we are talking about an event over 5 years ago.

the ethiopian government, who kefi keep telling us, have a super relationship with harry and kefi have since not only issued the licences elsewhere but reissued them in recent times.

harry, however, clearly feels he has something. it might be, for instance, emails or paperwork back in 2020 from the eg, informing kefi that once steps xyz are completed, you can have the licences which were issued before kefi had chance to complete. who knows its just speculation on my part , but we as shareholders not only have no idea what grounds harry has, (he's keeping quiet for reasons given) but we also have no idea of the strength of those grounds either.

ultimately harry will either have a great chance of getting them back or he will simply be ******* in the wind , whats clear we can't afford to legally challenge .....yet , as you would think that would of been done already. the longer it's left, the less chance of success, in my opinion.

Newsflow even

Must learn to check my posts before posting

Its been a few years since the chat was so positive.

Cobr seems to be getting new investors in board at a time newsflash should be rich over the next few months , still plenty to do but good signs

2.5p my average so still in the red currently

Ahhhhh here he is

Talk of repetition, how about you try and add something useful to a discussion

All we get from you and your multi ids is

Posts about volume

More posts about volume

Insult posters

Use your multi accounts to agree with your posts

More volume posts

While calling everyone warriors , unemployed, etc etc

Its only when you look at your history you soon realise you offer absolutely nothing to a forum.

Lesterpeigeon and chaucerman were 2 others he had.

They put god knows why at the start of the thread , my reply was basically saying he could ask himself that with the accounts.

Multiple boards are aware but his addiction continues.

Ibdoappoligise for clogging the board, those that are happy to know will be thankful , those that don't care can ignore the thread