Member Info for Crazytowner

Diggit1gold

"Just an extremely simple case of sitting on your piles 😂 of KEFI Golden tickets until we become a fully fledged producing entity"

or ......

be taken over :)

I truly hope they dont

Interesting last minute buying

RNS tomorrow?

Well said Sharezy,

I suspect most have used the filter or are simply ignoring him.

It would be perfectly normal for Kefi to request a supplier to hold the price for an extra week or two.

9 out of 10 times they'll agree to avoid the re-work of re-pricing.

Absolutely,

A lot of us are sitting on extremely healthy gains at the moment with a lot more to come.

Especially those of us that could see where this is going and were buying at 0.5 - 0.6p whilst the detractors were saying we'd be lucky to hit 1p on financial sign off. Lol

Well, we haven't even had the big event of financial sign off and are already at 1.5p.

We've just been warming up for the main even which is just a matter of weeks away

Absolutely Catbert,

Harry / Kefi appear to have quite a few different options available to them and they'll need to find the best solution for Kefi Group as a whole, not just the project.

This may well mean taking additional dilution at the subsidiary level in order to recover the $10m spent so far.

I think I recall from previous updates that $5-10m would be enough to make Saudi a self sustaining investment.

With Tulu Kapi funded to production and minimal overheads, there is a real chance that what gets agreed now could remove the need for Kefi to have to come back to the market for the foreseeable future.

Institutions will currently be waiting for this detail so that they know exactly what they are buying into.

Their buying will provide the high value growth phase of the Lassonde curve that we are currently at the start of

Absolutely Shortarm,

Harry / Kefi are in a strong negotiating position with more people wanting in that we need.

It's why it's good that he is taking the little bit longer to get the right deal now because there is no re-do button.

What I am interested in is whether he can structure it so that either via cash returned from the project or another means, Kefi puts itself in a position to never need to come back to the market for funds, ever (for Saudi or Ethiopia).

That will be the moment institutions go crazy buying on the open market

Chill, Relax & Enjoy :O)

We are at 1.5p without financing closed. It will have plenty more to go once full clarity around the finance package is known.

If Harry needs another couple of weeks I am perfectly happy with that as the small percentage decisions and negotiations he makes now will be worth hundreds of thousands to me in the future (hundreds of millions to the company).

Interestingly, the ask is pretty empty up to 1.7p.

Saw that Rob, it also took chat gpt down which explains the lack of green boxes from goldqueen and their AI generated verbal diarrhoea

Gold Queen,

Chill out

Filtered

Today's news was very positive.

5p by Christmas or very close could happen for a couple of reasons.

The finance package will give a realistic investor valuation of Tulu Kapi, outside of the AIM casino. This will be multiples of current share price.

The package may provide enough additional funds to Kefi so that they never need to dilute shareholders again (including for developing Saudi).

Institutions will be extactic at such a position.

Load up, sit tight, ignore the noise

The chance of something being announced / a signing ceremony at the Mintex Expo is very high this weekend.

It would literally be the center piece of the exposition and generate the perfect media attention for the event.

Kefigold,

You are wrong. Kefi could sign off on Saturday and release the RNS on Monday.

Material events happen to companies all the time at weekends and appropriate RNS's are released on the Monday morning Prior to open

Kefigold,

Kefi can do and announce whatever they want on the Saturday & Sunday as the markets it trades on is closed.

What they will have to do is release a 7am RNS prior to the market opening on Monday morning.

It's not hard to imagine how many people will wanting to be talking and seen with Kefi at the Mintex Expo.

All the parties that Kefi have been working with on the Equity element are likely to be there.

I'm going for Sign Off on Saturday as the showcase to the Expo followed by a Monday RNS.

It's worth considering that Kefi has released that Q&A today so that when they announce full sign off of the finance package at Minex over the next few days it has maximum impact without having to explain why a GM isn't needed.

Agreed Rob,

It looks like news could now simply drop at anytime on saying it's done along with the full structure.

The Mintex 2025 event starting tomorrow looks like the perfect place to showcase and announce this momentous occasion for the country

Morning MF2017,

There is no point holding a General Meeting (GM), if there is nothing for shareholders to vote on.

The fact that one is not required is very positive as whatever they thought they needed our approval on , they no longer do.

i.e. We are not losing as much of something or doing something as risky.

There is no need for JQ to wait, it's occurring simultaneously, requires minimum investment and turns GMCO self sustaining.

Am not convinced they can wait until the end of the week.

If Kefi need to lock down and commit to procure form suppliers by the end of the month then they'll need the funds availble.

It's very common to see 10, 20, 30% deposits payable upon order placement.

They'll therefore require a few days after shareholder approval