Have management really done a great job?22 Apr 2025 08:22
I see some are saying how well the management have done here , that's their opinion , for me
Tk finance , whatever obstacles have been in the way , it has been promised for years , and shareholders have been diluted through large raises handsomely on the back of those promises.
Finances , harrry and the team have done incredibly well financially from kefi. Unfortunately they are the only ones. Harry has benefited with a unbelievable pay package , a bonus scheme with a committee run by his mates , and has even sucked money from kefi from other interests, to top it all off he tried to sneakily change the sti bonus scheme in his favour through the back door.
Meanwhile shareholders have been diluted to oblivion , management here are certainly not aligned with shareholders.
Saudi
Harry has lost saudi, it was once the cherry on the icing of the cake. Again diluted to hell and now we have 15% left , a sale has been ongoing since November 2024 , and over 6 months later haven't even named a preferred buyer , in the meantime kefi shareholders continue to pay for 15% exploration which will only benefit ARTAR , and any bill owed which is mounting up will be taking off the sale price. Which at this time shows absolutly no guarantees of being anywhere near 75m , and and such hype is of the back of an expensive report kefi commissioned.
Share price/market volume
No doubt has been a complete cluster xxxx for a while now , this is because in my opinion the market simply wants to see less Harry talk and more action , it simply doesn't believe Harry can pull this off , that's Harry's fault as c.e.o.
Other exploration. What other exploration???????
So while some are happy with Harry's performance over the years , at this moment in time I think he has done a incredibly bad job, in summery he's achieved nothing , diluted shareholders and been paid very well for the process
But that's clearly the minority opinion here on a agenda driven forum