Member Info for Bonkers0801

I'm famous, I got a shout out

He says we are weeks from a full finance sign off, maybe those poster knows more then harry.

January 2023 (nearly 2 years ago) The Company expects all outstanding issues to be addressed imminently, the exact timing of which will largely be driven by the Government process, so that final lender documentation can be completed, and signing can take place, enabling the KEFI General Meeting to be called, funds to flow and full Project launch to proceed.

Aug 2023 (yes I say 2023) The Company remains on track for Project launch, with the backing of its identified and conditionally assembled US$320 million debt and equity development capital. As anticipated, the Company has completed its submissions for final formal approvals of the already established financing terms from the two lead banks within the funding syndicate, to allow the Company to trigger the community preparations for launch, finalise the already drafted detailed definitive documentation for the full syndicate of funders and satisfy any residual conditions precedent to funds drawdown as set out under the Final Umbrella Agreement signed in April 2023.

The Company's schedule for Tulu Kapi remains for community preparations to commence this quarter (Q3 2023), ahead of procurement and construction commencement next quarter (Q4 2023), all synchronised with the Government's continued upgrading of security, as already committed. (This is the community resettlement still not done)

5th October 2023 (yes 2023) KEFI is pleased to report the receipt of formal confirmation from the National Bank of Ethiopia, The Company expects full Project launch to commence in the current quarter as previously advised. (This was q4 2023)

Kefi rns 29th July 2024 ...Final approvals from AFC are expected in the next month or so( haha there is that or so phase again)

Kefi rns 20 Aug 2024 Conditions precedent list no longer contains matters for negotiation, but has been reduced down to matters just requiring documentation finalisation and formal execution

But with all the above in mind crazy towner suggests sign of guaranteed next few weeks and shareholders are wrong to question what the hell is going on

I take it from all that copy and paste and gibberish that you DONT actually have a answer to my question , instead like most take subtle shots to try and discredit the poster.

For what it's worth I'm after no credit and I intend on leading no rebellion.

I will point out you engaged with me not the other way around. And the reason it's important is many many posters here are invested in kefi. If we only spoke about the bad or the good it becomes a echo chamber.

The c.e.o has been paid a considerable sum of money the last year. And I want to k ow if kefi investors believe he has earned that money or not. It's a valid question.

Football managers are judged on scores , schools are judged on grades , the list is endless. Every c.e.o is judged on performance, I'm simply asking based on Harry's high wage. His inability to get tk crossed over the line, the loss of saudi projects , has he justified his large wage that every current shareholder is paying?

Electric lion i can guarentee someone is always losing money when someone is making it.

For that not to happen the share price would be going up in a perfectly straigjt line.

That has certainly not happened here , it's also telling that's the part you wish to comment on my post.

Can I also ask since you have engaged please. What do you believe harry has done in 2024 to justify 300k worth of wages , I understand I have asked a few times but no-one has answered me which leaves me to believe even the ultra positives can't answer.

Thanks in advance

Hubstar do you actually believe what you are typing.

A mid tier miner overnight, ggp may be that onigjt because they have something that warrants such a statement , a working mine.

Some of the statements you have typed today are quite remarkable to say the very least, I'd go as far as saying you are pumping this as much as you can to try and make people buy this stock, (i genuinly hope people don't buy or sell based on comments on lse , that includes my own) in the hope that you can claw back some of your own losses.

I mean to make money someone else has to be losing it right!!!!

It's also criminal like dan and doze

Inwouldnt say harry is the biggest con and on Aim, I'll always pass that to Mr. Bell of R.R.R.

however when there is over 100 messages you would normally find someone out there that will counter your arguments or points raised in a debate.

Ots how we all learn. The fact no comment has been made to my genuine question of the progress of 2024 is very telling for me.

All over lse (certainly not jist here ) these forums are a cesspit of emotional ultra positive investors who refuse to believe there investment is less safe then the likes off boring stocks with a divi and a gain of 2-3% a year.

Being on Aim should mean investors except there is risk in there stock, I have a number of risky stocks , will say when they are doing great and will say when they are not , it's how you learn. This one CURRENTLY is certainly in the latter right now , which is a shame to genuine investors I have met on different platforms

I'll answer my question , seems fair , was hoping to have someone argue my views but so far that hasn't been the case.

Has harry justified a 300k wage , plus no doubt a bonus which he paid himself last year while, 100% NO

in the last year harry has managed to lose the saudi project, the icing on top of tk in a area of the world they are crying out for overseas investment , just read the vision for 2030, while everyone is trying to get in harry has managed to get out of that jurisdiction. Make no mistake harry lost that because he dropped below the 25% threshold meaning ARTAR could buy the rest.

TK is still not over the line , and quite frankly I scratch my head and wonder If he ever will be , harry decided to delay (if that's actually true) the bank approvals to

Request another 50m to reduce equity dilution, he then a month later raises money that covers over 25% of kefis market cap at a 15% discount diluting shareholders.

Early works was on track all through q3 and q4 , and now we are being told early 2025 , financial cotmitments sorted in the next month "or so" (or so is pathetic on a rns and should be a major red flag) resettlement issues still to be sorted months and months after being told on track. Transport links still not sorted either.

Final umbrella agreement signed god knows when now and the banks still haven't sorted there bits. Serious question marks remain here also (for me at least)

The list is endless but the above is a start.

Again for me harry hasn't deserved his paypacket , 300k basic plus all the extras,let that sink in , he also has millions and millions of free shares , who can actually remember the last time he put his hand in his own pocket to buy some at market rate. All while loyal shareholders have suffered and been diluted time and time again.

I'm happy to provide many more reasons why I believe harry has achieved nothing in 2024 , I would however like for the rampers to explain with hard facts some argument to my current mind set

Hellllllo , anyone.

Plenty of claims of new long term investors when none of them have made such statements

Plenty of talk of new licences when they can't get to over the line , while giving Saudi away

Plenty of talk this year to gets signed on when officially harry simply says early 2025 , not even January

Plenty on here saying heavy buying , when officially that's not the case

Plenty on here saying now this finance is sorted we are good to go, officially harry stopped diluting shareholders to raise a additional 50m and then went and raised at 25% of the market which diluted shareholders, go figure

There seems to be a good old crew on here that are exactly like harry , talk a lot of waffle but when you break down their post have actually written very little.

It's a fine art for some bit none of them engage in balanced debate , it's so telling

For many now many are keeping up with the fud on here

How do you know they are long term investors? Have they publicly said so?

What makes it a impressive list?

Rather then just come out with a heading designed to have a impact like the media as though it's fact , try and be a bit more balanced.

Again I ask what has harry achieved this year to justify 300k wages.

Not trying to antagonise, just trying to see balanced debate rather then the cesspit of certain posters here

Hubstar not hunter , damn spell check

Hunter what has the chairman achieved this year , I'm not talking potential I'm talking ticked off

Plenty of folk spouting off they are adding , but none of them can say what's acctually been achieved this year.

Speaks volumes

Harry couldn't even raise the 10m , once minusnthe liabilities , leaves a cash runway of how many months?

8 weeks till sign off bit harry only commits to early 2025

A lot of opinion in here written as fact , dangerous rampers

What has harry actually ACHIEVED in 2024 to justify a salary of 300k before bonus and cash via services.

Happy to hear the opinions

What a joke of a statement , you think there's only heavy buying and no selling, who are you really trying to convince.

Finance expected in the next months "or so" , which means it's open to interpretation and even harry doesn't believe, even though november he said its still by year end

Early works now moved to early 2025 , that's not this year or even necessarily January, simply early 2025

Another damaging Raise, did the directors take part. Of course not , why would harry do such a thing when he can be paid 300k a year and get all his shares for free.

Last years Raise was to get to over the line, yet needs another 10m to get that to happen.

So much wrong with this company right now , turning into a real lifestyle company.

You then get the idiots on here saying how "imminent " this all is , you only have to look at the previous rns over the last 18 months to see the repetitive b.s that harry comes up with , he couldn't meet a timeline if his life depended on it.

Example , getting the community for resettlement has taken god knows how long and rlfeatures on a rns when they need to convince shareholders there's still stuff to be done and we are "nearly there" .

Absolute joke

The expected gross Capital Raise proceeds of up to £7.2 million (the "Gross Proceeds") will mainly be used to fund:

· Completion of project financing and launch of the Company's Tulu Kapi Gold Project. As previously reported, a US$390 million project finance package has been assembled

UNFORTUNATLY this was 2023

What's even worse is good old harry delayed bank approvals to gain a extra 50m to reduce equity dilution , and then he raises 10m and diluting shareholders, go figure

But I'm sure some will put a positive spin on what's a disaster of a rns

I find your reply absolutly staggering.

A dilution of 25% the market cap which will take it to more lows , why they are targeting new licences when giving up saudia and failing to close this one is also a head scratcher.

If you really believe this is signed off in the next few weeks then more for you then me.

I would add maybe read all the tk updates this last year and consider how much b.s is written in them.

Harry has earned a small fortune last couple of years while paying himself a handsome bonus , while lth are buggering, and you call it good news lol

Some of the pumpers that were on this forum should be ashamed of themselves.

I sold out last week as I mentioned last week , first time in a while I have actually read a share correctly , harry has done this to shareholders time and time again. And the finances has been a topic of hot debate for too long.

Yep , the ucam budget due to be spent in the next 12 months , simply meaning pow intend to be aggressive with their exploration in. Canada in 2025.

Find any indicators which show a economic find is a possibility then expect the news flow to be a lot heavier then it already has plans to be.

A potential of 5 drill campaigns over multiple licences led by Jack and the team in the next year certainly adds a little excitement into this pow play