Member Info for Crazytowner

Clearly some here don't understand what is now an excellent financing project and that funds are being raised at the subsidiary level

Extremely happy with this and the success in significantly increasing the debt.

Never any doubt that approval from the 2nd bank would be received

Game on

BenMathewGraham,

Anybody that has the inclination to go back through my posts will see that I had an average of about 1.75p having heavily averaged down in the low 1's (I think i even posted when my significant purchases were going through).

But back to Kefi. Can you explain to us all where my calculations are wrong?

BenMatthewGraham,

Can you explain to us all where you think the numbers i posted using the Kefis August 24 presentation as a base are incorrect?

As to AMC. Russia invading Ukraine and the subsequent sanctions were the ultimate Black Swan event.

I ultimately exited with a small gain but nowhere near what it would have been and have no doubt my bullish position would otherwise have been proved correct.

I don't really remember anything about you or your posting history except you had peanuts invested and made the most boring videos where you regurgitated information that was already in RNS's.

From the August 24 presentation, Tulu Kapi has an NPV of $729m at construction start when using a Gold proce of $2,300

Using todays gold price at $2,750 gives a NPV of circa $1.02bn, assume 85% retained and 1.3 USD/GBP and the NPV of Tulu Kapi is circa 11p per share at construction start (i.e. Now)

Using the same metrics as above the NPV is about 13.5p per share at Production start, 16p with a Gold price of $3,000

With a current share price of 0.63p, this extreme value gap is going to close very quickly upon financial sign off.

Personally, my intent is to hold into production and dividends, but am expecting a Major to make an approach for Tulu Kapi next year.

....And then there's Saudi....

Don't be surprised at where this re-rates too :)

I'm sure people who invest / trade with technicals get a lot from it. For me I see it as a good indicator of pressure.

At the moment pressure is building in the Bid, the Ask seems to be holding and there is a big spread which would appear to be mm's shortage.

Another 100 trade "I need shares" and a 200 trade "I need shares badly" along with the 1.5m on the ask at 0.68p moving up to 0.69p

Have the MM's depleted their stock at 0.6p over the past months?

About 7m shares on the bid at 0.6p and above.

Wonder how high those will move in the last hour ahead of close

Dvharrison,

I think you are bang on about the squeeze and i do believe in MM signals

The ask has had a gap from 0.62 to 0.7 all day, so once the 0.62 got taken out it was going to move quickly

The ask has been quite empty up to 0.7p, can see that getting taken out shortly

:)

Its impossible to say as Kefi is presently so undervalued

Ignoring the Saudi Assets i'd be expecting 6p ish when Mining starts mid 2026.

From memory the current fair value of Saudi equates to about 2p.

So from financial sign off there will be significant re-rates and share price growth moving forward

Thanks dsrt although I will stick here as can see a 4 bag here when financing lands which appears to be a day or or two away.

Level 2 Hotting Up ..... Away We Go :)

In TWs latest bearcast he says he had been hoping for today, but has been told by the company its within the next couple of days

Happy days

Seems to me Magnacarta is trying to get as many disruptive posts in as possible before the expected financial sign off RNS this week

Kefi would not be going back to the banks to renegotiate a better debt / equity split if there is any issues.

TW is 99% certain this happening, I am 100% certain

There is nothing disrespectful about not putting anything out in October and we know full well what is being worked on and why that delayed the second bank signature.

Im not invested here for Harry to make me feel respected. I'm here for him to deliver me a phenomenal return short, medium and long term of which it seems we are just a day or so away from

Absolutely, am expecting it in the next day or so.

As to the September delay. We know that is down to renegotiating the equity / debt portion, so it's a very worthwhile wait during October.

UPshunt,

If people aren't comfortable with what Harry says then stripping everything away and looking purely at the 3rd party current positions will help show whether it is really happening now.

Lead bank signed, Ethiopean Government financially contributing (Security), second bank in credit committee now

Seems nailed on in my opinion

Just added 505k

Too good an opportunity to miss