Member Info for burgeseb

IMHO we will see a leak on Sunday on the bid price and RNS update about the same on Monday. Any bid price would be respectable above £1.20

400 p is possible if it give on an average 2% increase every day. On compounding basis the price will reach 400 p. Just last week the price was 376 p and the stock price has reached 412 p in Jan

ASDA does not have money power to wage price war. Whoever has written article is foolish and irrational. The SP will bounce back to 400 p levels before 31/03/25. Time to but if you have funds

Agree UPShunt. I am with you. Shareholders should dislodge current management team. I also anticipate another round of funding thereby diluting the current holding so that CEO and his team can be paid remuneration. Question is - who would invest? Presume the investment will be funded by CFO and his team through back-door. I have understood the game but some unwise cheerleaders still live in fantasy world that SP will increase by 100 times and they will be vacationing in some remote island for rest of their lives

65 p for leakage of deal making

Who is he?

"The Tulu Kapi gold project is progressing as anticipated, with bank approvals and widespread government backing secured," he stated. "We are on track to have detailed documentation ready by March 31, 2025, enabling a full launch as soon as practically possible."

This kind of messages we have been coming from many months now. We have ost faith in such messages. We should report Harry to FCA for making false statements

Same boring discussion. All same thing. I am losing confidence in Adolfo. He seems to be working on restructuring even after one year. Normally restructuring and growth focus should be done together. Another £50 million on restructuring and no discussion on cost reduction. Why is £250 m cost reduction not improving margins and profitability and CASH Flow?

In my view Offer price should be at near to 75 % Enterprise Value which is Market price (39 p) plus Debt value per share which translates to £1.28 per share (if we consider Debt value as 900 million). If we consider Debt value as 700 million then it works out to £1.06 per share

SB is cheer leader of CEO. Another round of Equity increase is coming from share holders and Ethopian government for the subsidiary. Expect the price to fall to 0.3 p. Saudi stake sale will be a negative CASH FLOW for KEFI

Suggest CEO, CFO, BOD and team of 40 people on KEFI payroll should not wait for the loan. They should start digging digging gold using hand tools. This would also make them physically and mentally fit

Today Price will start going North as shorts will start closing their position. Expect 45 p to be the closing price

Hi MRI Plumper - You are definitely right. We have been conned from years now. No sane Financial institution will provide finance to Company with negative Equity and CASH Flow. They have norms on Debt Equity ratio etc in assessing the health of the Company. The ignorant cheerleaders will realize it soon

Hi Bounty - I am happy to participate in the cause. The deceit from the Company should be definitely reported and I will also contribute financially to the cause. We have got trapped - though in my case it is just £6500 but we should not allow this to continue and others conned

KEFI is a con Company. When will the optimistic clowns understand that? The Company has been fooling from years now. Finance was first to come in Dec then Jan then Feb. It is not going to come. Dry season will start and end. There is no value or likely negative value in KEFI stake with Saudi JV. The license will be transferred to another producer for KEFI inability to start the work. Try to understand the con guys

The licence will be transferred to other producers

Consolidation will increase the price attracting institutional buyers. They normally do not invest in penny priced stock like CPI

Expect 16 p price by EOW and 19 p price by EOM

Results were good. £110 m Profit (Prev Year loss 106 m) is after Goodwill impairment charge of £75 m (prev year 42 m). The management is right in cleaning up intangibles which have lost its value.

First it was Q4 2024. Then Jan 25 - then Feb 25 now Mar 25 to Jun 25. Dry season will come and go but no funding will come across. Only funding that would come would be in form of Equity which I doubt if any investor would like to further invest. The Company has not produced a single once of gold in last 22 years. CEO proudly proclaims that we are gold exploring Company. Suggest we write off the investment in this con Company

Agree with you Savage. We have lot of hype for AH leadership and turnaround stories. Its time we have to question him as he is with the Company from 15 months. Debt refinancing @ 7.4 % is pretty steep