Member Info for bountyhunter007

Why does Harry keep releasing news which essentially provide no concrete information. We know no more than what we knew say 3-4 yrs ago...

In my opinion if nothing happens here till April 25...Shareholders should consider reporting Kefi and Harry to FCA.... I will be happy to participate in any such effort and wouldn't mind contributing small money towards the cause...fca doesn't have means to pursue such small outfits when they have much bigger issues to deal with... Kefi has been misleading it's shareholders over many years..I would like to see if there are few others who agree with me and willing to take action.

My view is thay considering chequered history here.... Nothing will change sentiments and hence share price other than having a full finial close and draw down date.... Anyone knows when are we targeting that... I have lost track completely after so many missed deadlines and convoluted / ambiguous RNSs in all those past years..march 25 is is my deadline to jump ship if nothing changes here as has been the case over last 7-8 yrs .GLAH

What is hard to understand about market cap? No growth, no dividend in sight, huge risk of dilution if anything goes slightly wrong as they have already sold most of non core assets. It's a risky investment at this stage thats why low MC

There r no distressed sellers in Kefi.. Only depressed sellers. Who is their right mind would hold these.

Kefi shareholders are very innocent souls and that includes me. We never learned our lesson. You don't have to wait untill end of deadline to achieve your goals. In case of Kefi for last 5 years or so we get a deadline for almost every quarter which then shifts to next quarter. I am here only until March 2025 and if nothing happens I will leave this ship forever. Sometimes we have to accept our decision and cut down losses.

Those who are expecting big pay day for Kefi upon selling Saudi assets are living in dream land. It will be gobbled up by our parter against our share of unpaid cost. It has happened in past and it will be no different this time around. Just consider yourself lucky if we don't end up raising extra money to pay Artar. As for tulukapi once again I am saying Africa is very corrupt place to do business, and it is highly unlikely that ordinary shareholders will gain much. There is every intention to push us out before real value is realised. Dilution wouldn't stop untill ordinary pi shareholding goes below 10-15%. Kefi is not a scam but it's main issues seem to be 1) large shareholding by ordinarily PIs 2) it's inability to get finance from outside Africa. We wouldn't see much progress unless atleast one of these two issues are resolved

Very good point. I tried to raise it few time. In the end mine may come to fruition. Point is how we ordinary PIs going to be benefitted from this. I have seen instances on AIM traded business where PIs r just use to fund company at an enrly stage and when time is ripe to harvest crop.. They r eased out through endless dilution..it certainly makes me nervous that mines are owned by subsidiary whose shareholding will gradually shift more towards locals and IIs.. Why do we need to own it through subsidiary when we don't/wouldn't have any other asset now at parent level... It all seems sinister to me...

I am not a wizkid investor but what r chances of Kefi going bankrupt at parent level buy subsidiary owning local mine continues business as usual with bene fits going to investors at subsidiary level... I have seen such a situation in past which made me scratch my head as I could never digest the fact that I lost all my money being an investor in parent..... I felt the whole set up was to rob UK inversotds of their money... Kefi seems to be going in the way specially when I see they r already off loading Saudi asset... I don't have good feeling about it....

Harry reminds me of Peter landau who use to run range resources also listed on AIM.. Peter Landau also sold dream to PIs like us... Just like Harry he was promised us lots of oil in an unstable / corrupt country... Just like Harry Peter landau managed to find finances often through related parties who used to recover their investment pretty quickly by following rinse and repeat cycle..Peter landau eventually got distinction of being convicted criminal.. I hope Harry doesnt end up like Landau.. Otherwise it will be very costly for Kefi PIs..

Sometimes I wonder how naive some of investors could be. Kefi keeps releasing paid brokers report and a lot of people still believe them. Broker notes keep throwing random nos like 8p, 10p etc... But they don't mention how much dilution share Holders r going to face in next few months/years... Any long term investor would have lost more than 90% of his investment more than one times during all these years.. Sometimes I feel that PIs holding large percentage is an issue with this share... Even when, if at all, Kefi reaches close to its goal.. I am sure there will be scheme to squeeze out ordinary share Holders to allow institutions to pile in alongside power locals... PIs are unlikely to reap reward..

R u for real... How is it cheaper today... There is a thing called market cap and shares count...by spending same money today you will own less of the company so it's actually more expensive today.

We have seen many such raises in past. Poor innocent share Holders interpreted it as reconditioned to balance books before final sign off of finance...i don't anything different this time around... All signs are there to see Kefi is struggling big time to get finance in a country with political instability and a govt in place which is not liked by the West... Finance was supposed to come from some western institute... If an African institution can finance the project them why do they need Kefi... Kefi's sole purpose was to bring in money from outside Africa... Harry managed to achieve that to limited extent by fleecing shareholder🙂.....sometimes I feel greed makes us all blind... Why would anyone allow (read ethiopins) shareholders like us, most of whom reside outside country to multiple their money...we don't bring anything to table..

I just don't understand why do people invest in AIM cesspit. It's dysfunctional and outright fraud market with plenty of insider dealings. I learnt my lesson hard way and completely stopped investing in AIM. Infact I completely stopped investing in any share listed on LSE including FTSE 100. Instead I started investing in US equities with some very good results. Kefi is only my old love which keeps hurting me very badly. US equities sort of give you guaranteed returns. If someone is lazy then just trade index these you will be much better than trading on LSE. We just don't have any thriving businesses listed on FTSE. If you don't believe me just compare last few years FTSE chart with SP 500, Nasdaq and DOW you will understand what I mean. I wish good luck to those who take my advice.

I will be very interested to see if TW launches his crusade on Harry as he has been doing for a long time. I don't feel Kefi is ponzy scheme but Harry has taken an undertaking too big to deliver. Who is their right mind is going to handover £300m to Harry in a country with litenay of issues and a very long history of civil war.

To be honest in last 10 years ordinary share Holders have lost 99% of their investment on more than one time. Only way to keep investment relevant is by multiple averaging down.

Absolute shamble but that is the risk an ordinary investor should be aware of.

For once it's not rinse and repeat.

Ofcourse bcoz of me loading 3.5m shares lolz. It has been a living nightmare over last 10years or so. I felt little encouraged by recent Centamin takeover. I hope next 2 quarters would be transformational for Kefi and all long term holder.

Why do people invest in this sort of company. You can get 1000s opportunities with better chance of success... I guess its just their laziness... This share is nothing but hold of old investors and there is not logical case for new money going in except for speculations.... One can still make some money on it from where we are but thats just gambling... In my view ppl should spend more time finding new opportunities across UK and USA markets.... And invest in something based on some logical reasoning and some degree of past record to gain in long term...

Bought back 5000 shares just couple of days ago and one fine morning this RNS landed... It seems overnight big news is only way I can make big gains nowadays.. I seem to have lost patience... Can't even hold shares for 1 or 2 week once they start move.... Need to refresh my mind and rebuild habit of being little patient once again.... There could be some other bid from PE who could be interested in dismantling MCRO however chances are low considering debt....good luck all who made some money with this roller coaster...