Member Info for Crazytowner

When the equity deal is announced.

Theres a good chance the RNS lands Monday

1.7 and more looks perfectly achievable today :O)

I'm expecting Harry to deliver a cracking equity element which will lead to a much higher valuation of Kefi

MF2017, i've always said that i'm in this for the long term and dividends but expect a takeover before.

You, me and all the other investors can see something special and hugely undervalued here, so can acquirers (friendly & predatory)

I think TW is way off the mark with what investors would accept, 3p simply wouldn't do it. I think something North of 5p will be required.

I think if 7p was offered i would probably accept it.

What Kefi need to do is get the share price up with some good churn to deter any predatory approaches

I did listen to it MF2017, I thought it was very positive.

Now that the financing is done, it's possible to look forward to the possibilities & it seems that TW liked the interview as much as we did.

I do agree with him that Kefi needs to get away from AIM and onto the main market

In answer to your question to me yesterday, I do think we will be taken over and will see offers within 6 months.

1 share on the Ask at 1.25p

When it gets take at open, will that trigger stop losses?

For the last few days it's looked like the battle to keep the price down is being lost

Will they give up today and let it fly :O)

Looking pretty good

Looks like we'll be breaking into the 1.5's later.

The small volumes amounts appearing on L2 bid and ask yesterday and today are very unusual.

Who on earth would have a sell order in for 2 shares !

MF2017,

Respectfully, the takeover of Kefi Group wouldn't be particularly complicated as far as takeovers go.

The debt finance, the licenses, the procurement, the contractors, the equity subscription, the community resettlement etc. are all occurring at subsidiary level.

The Ethiopian Government would probably want to rubber stamp it, but there wouldn't be an issue if it was Major. The Banks won't have an issue as their funding will be secured against the license held by the subsidiary and if anything, it reduces their risk.

As I have said previously, producers have more cash than they know what to do with. Even after reducing any debt and paying shareholder dividends, they still have huge amounts of cash that they need to find a home for.

The market that our shares trade on is pretty irrelevant and aside from no two transactions being alike, back in 2022, the average AISC was about $1,300 v. a gold price of about $1,750. There was not as much cash flowing around and majors were not particularly aquisition orientated as they are starting to be now.

For reference, below are 3 of 5 of AngloGolds strategic focuses for you to consider how a project such as Tulu Kapi and the regions such as Ethiopia / Saudi would fit into their profile.

- Maintain financial flexibility : Financial flexibility facilitates access to funding to weather periods of low gold prices, to reward shareholders and to act on strategic opportunities throughout the economic cycle.

- Improve portfolio quality : We actively manage our asset portfolio to improve the overall mix of our production base as we strive for a competitive business valuation. This is key to unlocking the full underlying value of the portfolio. We continue to invest in upgrading the overall quality and longevity of our portfolio.

- Maintain long-term optionality : Continually replenishing and increasing our Mineral Resource and Mineral Reserve pipeline helps to sustain the business over time. By discovering, acquiring, developing and exploiting viable orebodies sustainably and efficiently, AngloGold Ashanti positions itself to create long-term value.

I think you'll agree with me that Kefi is massively undervalued and would represent a excellent opportunity for an acquirer.

Whether it is negotiated takeover or predatory, in the current climate there is a very real chance of a company like Kefi being taken over and so warrants discussion here.

MF2017,

Agreed that Kefi is not setting itself up for a sale, but I don't think there would be anything complicated in the change of the ultimate parent of the Ethiopian Licence Holding Subsidiary, especially if they have billions in cash and assets.

Business would continue as normal, they only difference would be Kefi's board of whom they'd likely keep Harry on with a rediculous advisory salary and important title.

From recollection, AngloGold has an African average AISC of about $1,400, so you can see how good our $1,100 is and the effect we'd have by bringing down their average.

We obviously won't know until it does / doesn't happen, but majors are in acquisition phases as they look to find good assets for their surplus cash and sure up their global resources.

MF2017,

If a company such as AngloGold purchased Kefi Group, then nothing changes for the Ethiopian Government / Tulu Kapi. Its simply a different holding company. The project, the staff, the contractors etc. all remain the same.

If a predatory offer came in at 2p tomorrow, Kefi could reject it without informing the market. If it was 3p they'd likely have to put it to us along with the directors recommendation (which would obviously be reject)

Todays interview was absolutely brilliant for me as a long term investor wanting to be in for dividends, however, do you not think that a Major would also think of it as a good investment for themselves?

Kefi has the potential to be a multi-billion pound company across multiple regions, firmly underpinned by a billion dollar financed Ethiopian project and Saudi Projects which will be self sustaining in a year or so, currently with a market cap of just £130m

Companies like AngloGold are currently making so much cash that from just 6 months cash flow, they can afford to pay a 50% dividend and still have enough left over to buy us $500m.

Tulu Kapi is a prime take over target, debt financed, undervalued, good grade, large resource, low AISC

Harry said it himself in the interview, Tulu Kapi is the best ready to go project in Africa

The best projects get taken over first

DVH,

I don't think an offer of 5p would do it. I think it would need to be 7p or more within the next 12 months as after that we'll be more expensive.

The rumor is that the July 4th 2026, the 250th anniversary of the United States Declaration of Independence, will be the day Trump announces the USD realigning with Gold

They did not want to let the price go today. Clearly some accumulation and large buy orders being filled

It has looked like they've been trying to manage the share price ahead of a run at 1.6p today

Could be an interesting last 30 mins

I think we all understand KEFIGOLDS excitement, anybody who watched todays Edison Interview can see that there is a fundamental change underway

Interesting to see the shares on the Ask at 1.6p being reduced also.

We saw similar in our recent climb shortly before the share price ran up through the higher prices

A precursor to a positive shift up ..... Hopefully :O)

Agreed hope2gain, Market manipulation is very real

I've seen the 1 trades followed by unexpected RNS, i've seen severe tree shakes freeing people of their shares as well as other trading signals come true.

You only have to look at this board over the past 6 months, people don't spend day after day criticizing a share they've got no financial interest in.

Buying picking up substantially off the back of that interview.

Think the market is finally starting to see the bigger picture.

It was very nice for Harry to spell it out for them earlier

:O)

I'd say his best interview

I can visibly see the shift from a hands on in the mud CEO who's had to battle to build relationships and deliver, to one who is now able to share their vision and have a strategy to achieve it

An extremely exciting time

I think this is the first time we have seen Harry's true vision for Kefi and that we have ways and the means to achieve it

He defiantly didn't look like somebody that was stressing over the equity element of Tulu Kapi