Member Info for Bonkers0801

Dsrt everyone knows my feeling on konso , was nothing more then a harry distraction , was a licence say dormant for over a decade and the wording used at the time when saying how we secured it was just plain wrong in my eyes.

Good question why did vale walk away, i did do some research (limited) and I'm sure they wanted to move away from the country. The metal prices etc were very different back then also.

Just a smoke screen for me , others will disagree and be excited for it, it doesn't raise my heart rate one bit

The costs for exploration would be good if kefi will clarify.

Mixed opinions , maybe just fees , maybe full costs.

It's a j.v , you would think there is a clause that if kefi want to sell they get a period of time where exploration stops while a potential sale is in place , kefibwere specific in November of mentioning 6 months, is that a time limit to get stuff sorted , maybe it just bides Harry time , maybe I'm simply clutching at straws.

But if we are liable and ARTAR continue like they are then it's off no benefits to the kefibshareholder. Hopefully it's clarified and if we arr liable a quick sale can be done , (not expecting it) already took over 3 months to find potential suitors other then ARTAR

Dsrt , around 7th January pow went on a big project campaign and announced they had started some parts of Major works , this included the construction of the road from the highway to tk , (pics were on the website) nothing had been mentioned since , in all honestly I personally don't care about the road or konso. Just trying to give them chance to be positive and hope they answer the other questions as a consequence. And i still believe konso and the road were just distractions away from the raise and no ratification etc.

The chaps I speak to in the telegram group are all pretty balanced and a good bunch . And I value their opinions , the opinions of some (and they are not saying they are 100% correct) is that artar will say if they want the last 15% and if so will get it independently valued , and perhaps kefi have used the 28th feb to simply console good p.r and get some intrest in the stock. No-one believes the 15% goes anywhere other then ARTAR, I still think there's a good chance it was them that initiated the sale rather then kefi. It was after all their right

Discussed today with fellow investors i respect on the telegram group , the much smaller one , submitted earlier today , so hopefully will get some answers next week , as I don't anticipate much other news coming out

1) Are kefi still liable for exploration costs while the review and possible sale of our intrests in saudi are taking place?

2) how is fair value for our intrests in saudi determined , by a independent analyst or simply by the highest bidder? , my feeling is independently but speaking to other investors there seems to be confusion on how its reached.

3) we were told ratification would be fast tracked , without sounding rude it has been anything but fast tracked ,can you give details on the process that makes this a fast track process.

4) timelines continue to be moved , at times only days after we are told everything is on track.

How are we supposed to have confidence timelines can and will be met when kefi cant meet a single deadline. Is this a frustration the board also share.

5) we have been told on multiple occasions that the launch of tk and saudi is targeted to happen in tandem with each other. Is there some finance required from any sale to finally get tk over the line , hence why they are targeted to happen together.

6) has there been any exploration on the konso licence and if so can this be shared.

7) There was some big p.r regarding the road being built to tk, has this now finished?

Maybe it will he the green eyed monsters grandkids the way it's going

Imagine if a poster even dared suggesting in novemember 2024 that Ratification process would be still going on in March 2025.

Think of the abuse that poor soul would have recieved.

Anyway March 2025 is what it is , let's hope a rns lands tomorrow to say 80m coming to the bank with the sale of Saudi, I don't believe for a second it will , but it's still a hope I wouldn't want to take away from the predictors of the group

Last thread said .......was harry wrong , was posters wrong , or was there a legitimate delay

Final Board Ratification by Banks upon Parliamentary ratification of AFC Membership, Target Feb 2025"

So Parliamentary Ratification 18th or 20th of February

And Banks Boards Ratification 24th to 28th of February

Plus initial Saudi offers by 28th February

Have purchased more here over the last few weeks and is definitely not the time to be out.

So much money to be made here in the short and medium term

Your mind works in weird ways stebo.

Some of the conspiracy theories are fascinating

Yepbthat was the plan , bit then I realised the obsession towards me was greater than anticipated.

I go and thread titles about me appear and some quite ridiculous comments were being written.

It appears if I'm here or not it makes no difference.

So I'm back , but will try and post a lot less then before and try and be less engaging with the ones like greg who's posting history last few months is dedicated to me and me only.

Your in fact also strarting to get the greg syndrome dv

No-one is forcing you to stay on this lousy, greedy platform.

Funny you can't reply to his message ,so you send a message replying to his message moaning that the reasons why are down to other distractions pmsl rather then just replying , makes no sence.

Then again you did feel messages written here would effect the s.p

Another one in the morning too

220k worth of shares

Hope it's finished

15.50 today , bit no commentary on it

Now that would be the starting point to deramp right, rather then a debate about fair value

Geeez

I think its fair to say we will agree to disagree.

For me it's very clear, kefi the moment they went below I believe 25% meant ARTAR could legally buy out kefis holding at fair market value. That i presume will be done by a independent analysis.

If it was determined by bids it's open to all kinds of abuse.

Kefi can say what they want, and posters here can also have a opinion on what they think. But it's ARTAR that are very much legally in the driving seat here.

Whats so negative about a opinion on fair value. And how it's reached. And how's it even deramping.

I dont know how many times I have to type it but my opinion or yours doesn't effect the share price. I have also said enough times no-one should buy or sell shares here on the basis of posts written.

If 3 companys bid 30m for Saudi and someone comes in and bids 1 billion , would you say that's FAIR value lol.

Because that's effectively what your saying , it's not a auction where its off tonthe highest bidder , a analyst will come in , look at everything from jurisdiction, similar projects , money that can be made , money that needs to be spent etc but if that's your opinion then go with it , but because I don't see it that way doesn't mean I'm typing a load of drivel.

Stebo I'm afraid I still disagree , if someone is willing to pay double or triple the price of a asset down NOT make it fair market value.

I could put my house on the market for £350k , if I get 4 bids between 330k and 360k and someone comes in with a whopping 600k bid , the 600k is NOT fair market value. They would be overpaying.

Fair market value is determined by considering the price that a willing buyer and seller would agree on under NORMAL market conditions, not a auction, and not just what one enthusiastic buyer is willing to pay.

This isn't a straight sale to the highest bidder , otherwise it's game on for kefi , ARTAR have rhe legal right at fair market value.

Fair market value represents the price an asset would sell for in the open market, assuming both the buyer and seller are acting reasonably and have full knowledge of the asset's condition and market trends

A buyer willing to pay a significantly higher price could be influenced by personal reasons, urgency, or a lack of information about the true market value, which doesn't necessarily reflect the fair market value.

To determine fair market value, you would typically compare the price to similar assets recently sold in the market, not just rely on one outlier offer.

As i mentioned earlier and because if the reasons above ARTAR will be very relaxed with their legal standing in this process

You mean you disagree with me stebo.

You can't just say I'm wrong and treat it as fact.

After all the predictions you have come up with and getting every single one wrong , I think posters here are taking your opinion written as fact with a pinch of salt.

I'd say even you are thinking more in line with me , first you talk about ratification being completed in November, December, and then first week of January.

Now your adding months to the timeline yourself , why the sudden change if heart , I'm glad you have accused yet another poster of being me , just another one that will look at your crazy assumptions and know factually how wrong you are

Where did i type kefi getting 75m would be a bad result for Saudi, it would be a transformational result for kefi.

But my opinion is they won't get anywhere near that. Someone wrote 30m should be added to hawiah based on the last rns there , for me that's just simply fantasy.

I simply wrote my opinions rob and the reasons why, you don't have to agree with them, you could say 80m will hit the accounts to spend on konso and that it will take 3 days to complete , doesn't mean I have to agree with you

Its only my thoughts/opinion based on what's been said and done , others won't agree and have their own thoughts

I dont think If Saudi is needed to get tk over the line is necessarily a bad thing , after all shareholders have been waiting ages and if that's the case they are selling a asset which they had little control off rather then go to shareholders (again) to get it over the line , the tradegy here is losing 2 amazing projects.

I also don't see another immediate raise , a load was raised back end of the year and there should be enough dollar in the bank for a while yet.

I think (again my opinion) that if Saudi is needed to get tk done then it's a few months away based on a multi million transaction not hallining over night, transactions and sale of assets in companies i have been invested in always takes months , and the reason I don't see anywhere near 80m is because what shareholders see as fair value ,very very rarely leads to being the amount sold for.

Ethiobonds we're expressions of intrest , not cotmitments , again reasons why I'm sceptical on such statements. So I would agree with you it's certainly no guarentee.

Ultimately nobody knows , part of it is not being involved in the company , so we don't really know what's happinig, but I'm sceptical due to Harry's track record and transparency, and the wishy washy statements and the need to pump on no real new news.

Again others will almost certainly disagree

I wouldn't want to guess, as it will be just that, bit i don't think it will be in the 80-100m bracket that some have predicted. Far far from it in fact.

I think its just as important to not just get a understanding of the price but more importantly what they intend to do with the cash once recieved. I doubt it's jist going to go in the accounts.

What concerns me Is that this cash is needed for tk, (i could very well be wrong) if that's the case tk finance isn't round the corner and still likley a few months away. I must stress if only believe this because harry insists on telling us that tk will launch same time as saudi sale. This hasn't always been the case and I'll lile to know what's changed.

Personally I disagree opportunistic.

For a start the "bids" wouldn't be legally binding , so either party could walk away on any continued negotiations , if and its a big if in my opinion kefi do a rns , it will be along the lines of following proposals to purchase the 15% blah blah blah. A number of parties have shown intrest and kefi will go away and look at all proposals.

Kefi have the right to seek acquires for their holdings, but more importantly for me at least ARTAR have the legal right to purchase (at fair market value). They will be very relaxed about this , and again for me if a company is willing to pay double a independent analysis of the 15% it wouldn't then make it fair value.