Future minerials forum and some much needed harry magic15 Jan 2025 10:44
ATTENDANCE
So the future minerials forum is well under way. Anyone with the thought process this is an event worth missing i believe are very very wrong. In 10 years this event will be absolutly huge.
So in my view the fact harry and kefi are going, is well worth the money to a kefi shareholder.
That said without doubt harry needs a big trick up his sleeve, because he's in a very competitive environment where he's competing against 100s of companys also looking to get some HNWI on board.
HNWI are not stupid , they have buisness sence and have made lots of money , they will ask difficult questions , and if harry can't answer them they will simply move onto the next table.
Vast vast majority want to invest in saudis vision , harry will be one of the only ones at the event saying we had a confirmed deposi in saudi but we are looking to move out to focus on tk and our konso licence, this will simply NOT cut it and will lead to further difficult questions.
Jurisdiction and timelines , again many companies will have projects in the states , Canada, Australia. Dream destinations and mining friendly places , all ticks in the box when it comes to a HNWI checklist. We have had delay after delay and some of that can be pinned to the country we operate in.
Share price , harry has diluted and diluted shareholders. Not a great look. Neither is the current share price , HNWI don't tend to get involved in "penny stocks" , another question harry will no doubt be asked about.
Tk can be the flip side, harry will want to sell tk as best as he can , and while it won't be the biggest project at the forum, it is one that offers decent economics , it would concern me that harry will say we need 30m still , would it be fair for a HNWI to say so sell saudi for the 50m-70m you dream of getting and use the funds from that to get tk up and running? but there's no doubt harry will want to focus on tk.
The good news is while there is loads of conpanys at the event , there is 1000s more of potential new investors. Harry doesn't need 20 to make the trip worthwhile , maybe one or 2 depending what's being invested. After all it did cost kefi to attend the forum , but it will also no doubt bring some much needed pr.
POTENTIAL MEETINGS.
I'm sorry I just don't buy it. If harry was on the cusp of selling saudi for up to 70m i don't know why he's even booked a table. His blood and tears should be concluding that deal , as it will be a massive deal for the company , It's not the event to conclude a deal and one thats not acceptable to be postponed until the event. Why not fly to the country iof the buyer and just do it
My view he's spoke to some people , they have agreed to chat about various topics and its been sold to shareholders as meetings. A very common tactic. Likley we will hear after that it was a very worthwhile trip and then nothing more will be said.
So a very very worthwhile event, but harry will need to be at his absolute best to get