Member Info for Buy-Sell

Everyone is entitled to their opinions, you, me and people up their own @rse. GLA

Yes, that would be good elir. Do you think TomCo and Valkor are on site, watching how it is all going? I’d hope so myself. ATB

My average was 65.4 on here, it’s nice to be in profit finally. I knew it today would come and now I am holding until either James Bond is in the cinemas, or the SP is 131p and I have double bagged. It is tempting though, to just shove these in the bottom draw. GLA & ATB

Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

Ha.

MMs pulled Kefi out of the hat and so it was their turn to have a rise in share price. I think that’s how AIM works ??????

Forest, you sound like someone who has just sold up, the day before the rise in a share price and is desperate to get the share price down to buy back in again.

This vote of additional shares for payments, could be what is needed before financing is approved????

I can’t remember, but someone came up with the scenario that..... finance would be given if Kefi paid all debts and that is the reason for the placing.

I like this scenario.
??????????????????????????????????????????????????

I really wouldn’t right off any scenario with Kefi. But the most likely of scenarios I can think of to happen, is basically this one. It saddens me to say.

Bounce past 3p???? Simms.....what have you been sniffing? We have got to get past this GM on the 11/12/20 first, I am fearing a spanner in works of TK financing at this meeting. I wish I had your optimism, I really do. But I am fast losing hope.
I was on Kefis website earlier looking at announcements and there is one released on the 30/11/20 stating ‘we’re open for business says mining minister, they have dated each page with 30/11/20, but the actual document is dated from 28/10/19.......https://www.kefi-minerals.com/files/media/mining-review-africa-ethiopia_were-open-for-business-says-mining-minister-28oct19.pdf.......over a year old and claiming it is recent ??????

It is this sort of thing that has me doubting Kefi as legitimate business and Harry as having any credibility anymore.

I’m still holding, but not far from wanting to sell and put my money elsewhere. We’ll see what happens a week tomorrow. GLA

I am hoping that the bulk sampling assay will come tomorrow as a follow on from todays RNS. Hopeful, but thinking that it is too soon for that RNS to appear.
There seems to have been many today that have confused todays drill hole assay RNS, with the bulk sampling one we are waiting for (?) .

Unless you are willing to hold it for 12months minimum. DYOR

There is no quick buck to be made here, that time passed by 2-3 months ago. Alba are in the exploration phases at the Dolgellau Gold Field and so unless you have patience to hold a position here, then don’t buy in. There may be one or two 5-10% daily jumps in the next 6months (all being well), but IMO, if you want a return, this is a long term hold.

Great news today, on to the next drill holes to test the lodes already found and look at the trenching for the gold anomalies found to see if we have the makings of new fresh mines and new quartz veins with those golden nuggety-effect deposits.

GLA

Hahaha....I really should have read that back before posting it.

Just ignore the word ‘until’.

Kefi’s share price is not going to go anywhere IMO, apart from very small (0.5%) of ups and downs, with a slight continual gradual lip down. I just can’t see there being any rise until in share price, without TK finance.

Imminently???? Nobody knows!

They could arrive tomorrow or maybe next year.

@elir71:
I look forward to your quantifying calculations of each jump. I like the one you did some time ago over on ALBA. very interesting and I eagerly await this one. ATB

I really wouldn’t and couldn’t say to anybody that investing in Kefi is a good or bad idea. Read through all the RNS’ and information on Kefi website. Take all the information you read on here with a pinch of salt, as it is only people’s opinions. DYOR and good luck.

I am here for the long term. Alba is a very exciting exploration company, that will no doubt go from exploration to production within 2021, with multiple sites and and different minerals.

Agreed Simms. It’s now or never. The window of opportunity for Harry is now...price of gold (including projected price of gold), political climate, potential backing of institutional investors and both the local regional government and Ethiopian Government. If it is not done now, any/all credibility will be lost.

Everybody is taking payments that are due, in shares. Why? Because possibly, they know that behind the scenes finance is being worked on? Maybe. If finance is agreed, sorted and binding etc etc.....then the payment in shares they receive, are going to be worth a lot more and they will be making more money for themselves this way. It may be a risk on their part, but it could be a risk they are willing to take, knowing that finance for TK is truly being worked towards.

In the recent RNS’, Harry has been pushing that finance WILL be done this Q4 in 2020. Over and over again he has stated this. There does not appear to be anything that can hold this back anymore. As has already been said, the time is now.

Good Luck All.
ATB.

First the positive...

An possible end to the TPLF agenda. Civil war risk removed. This could then pave the way for TK finance to be completed without further issue. So going forward, I see that finance will be in place up to a week after the vote of yes at the GM for share award for remuneration of wages to directors, staff and paying off debts. So before Christmas and thus giving the share the big boost and rise we all want. Then almost instantly, the shares awarded to Harry and co will be worth a lot more and I don’t mind that at all as mine will be worth a lot more also. We all then, hopefully, go on to have a great Christmas and New Year.

Now the negative...

The shares are voted to be given to Harry and Co at the GM and then it is announced that there is some delay with the finance, a problem with the due diligence. The SP drops below 1.5, then to 1.4 and we are well into the new year with still no finance. Some further delay is announced, a member of the consortium pulls out, or whatever reason. The SP drops further and then the Hawiah drilling results come out and it is good news. Pump and promote the results from Saudi Arabia and state there is new interest in TK and a consortium is being put together again and it gets dragged through the year again like the last 6 years. Positive report after positive report, new PIs get drawn in to invest and keep the stock moving. And we end up back to where we are now, but 12 months down the line.

I’m leaning 60/40 towards the 1st scenario.

So, what do most of you think will happen?

ATB and GLA

@dsrt2012. The way I read it, is that the 78million shares have been issued, but are on hold pending a vote at this arranged General Meeting scheduled for 11/12/2020. Should the vote be a yes, then the shares will be awarded to said people for back payment of directors fees and paying of debts owed. If the vote is a no ????? (which would be very surprising) ????? Im guessing the shares are sold to the investors who subscribed to the placing and Harry and Co will get cash instead???? But I don’t know for sure on that last bit.

That’s how I see it reading it over again. Why do you think dsrt??? ATB