Member Info for Crazytowner

Age,

My recent emails to the company have requested the second dividend payment and the winding up of the company as the deadline for the RTO and shareholder approval was 8th of March per the Kun Manie sale RNS's and more importantly the corporate mission statement on the Web page.

I have copied the Nomad into my emails as it doesn't seem right that such deadlines can just be ignored under the guise that there maybe something in a few months time.

I think the BOD have completely lost touch with their shareholders. I will vote against a pharmaceutical RTO should it be presented. However, I am hoping it doesn't get that far

TW had been in discussion with Harry and made an inseder about a week ago.

Harry was looking at a bridging loan to settle immediate liabilities that couldn't wait for the financing draw down any longer.

TW was recommending buy at the 0.6p,was apologising for it being available to buy below.

Nothing to apologise for in my opinion.

Kefi now even further derisked with funds to keep moving forward and to fund Saudi

Dvh, companies never raise on a spike, always less as gives exit opportunities to new comers

The fund raise is disappointing, especially when just a couple of months ago kefi were saying none were needed and finance was Q3/4.

Like many I am frustrated. That being said, I am in this for the dividend and long term enormous potential. So if this raise helps secure it then I can't say I am particularly bothered by the fluctuations.

They obviously needed the money to ensure project launch, protect Saudi share etc. etc.

Directors and other parties taking shares instead of cash is always a positive

The timing is perfect to allow institutional investors to take positions ahead of the run to an operating mine

Hi Geng,

Yes, a lot of your calls have been bang on the money. My Average was about 1.75p so got some back with some more to come.

The outcome of Kun Manie was disappointing to everyone, a stark reminder of country risk and Black Swan events.

Personally, I added a chunk after disposal on the potential to double my money inside of 12 months either by the 2nd dividend or an RTO which would need to be worth more than the remaining cash. The rest I put into Kefi which i'm hoping has good value to come.

Will obviously read the proposal, but i won't be voting for it as expect a sizeable MCAP valuation to get their hands on our 5m.

Of course, it could be a ploy to drive out alternative deals and better terms from others (i'd definately consier another mining play).

It says something that I never considered a Nickel Mine exploration play in the Far East of Russia risky but a UK pharma i do

Slowlyslowly,

From the RNS dated 05.08.22 AMC have said they would distribute a 2nd dividend if the RTO is not approved.

"After Completion of the Disposal, the Company will become a cash shell and will seek to complete a reverse takeover which will require Shareholder approval within 12 months. Should an acceptable reverse takeover opportunity not be identified and approved by the Shareholders, the remaining funds from the transaction less costs shall be distributed as a second special dividend.

Interesting that todays RNS implies that AMC will remain suspended until the vote as opposed to de-listing this Friday.

From the RNS in September there are clearly commodity RTO's available and AMC appearied to be focusing on this market.

"The board of Amur continues to review a number of reverse takeover opportunities. Geographically, these have been located in Canada, the US, Scandinavia, Spain, Brazil, Peru, Chile, Ghana, Mali, Kenya and Australia. Commodities have included potash, silica, alumina, copper, nickel, gold, silver, metallurgical coking coal, energy fuels substitutes, lime and lithium. A total of 17 opportunities have been considered."

I would have been happy with another mining play of which RY was involved in some way (consultant / on the board).

The fact that RY & the BOD bring nothing to a pharma company says to me that they want a clean break

Agneissearner,

Slowlyslowly is not advocating one way or the other, simply explaining an RTO in very understandable terms which many will find very helpful

Todays RNS has caught me by surprise. I thought that there would be RTO opportunities, but had expected them to minerals & mining.

Pharma is not something that i understand and I estimate that with my share holding, a 2nd dividend is worth about £100k. I would not put that such an amount into one Pharma and so it will be a no vote from me.

If thats the best they can find, issue the 2nd dividend, wrap up the company and stop this nonsense.

I'd say that its certainly not common to be sharing knowledge & showing off samples with competitors.

So February has passed and all parties of the funding syndicate should now have gone to their respective committees for approval.

Not long now

There is very little that can be done.

AMC clearly stated that should an RTO not occur a 2nd dividend will be distributed.

I'm perfectly happy receiving the remaining balance.

Alternatively, if they release an RNS tomorrow for an RTO vote next, then I will vote accordingly

Could see the 1p breached towards close of play or tomorrow morning.

We are going to finish towards the top of the gainers today, which will get new investors looking in.

They will see that the mine financing is imminent and what a rediculously low market cap kefi has.

They'll buy and existing holders aren't going to be selling any decent volumes

Just my opinion

It does feel that we are about to see a sizeable jump in the share price as the start to a long overdue rerate.

Am personally looking forward to seeing the gains but I intend to hold these for the long term dividends.

And yet the share price is rising !

Looks like Kefi will be a completely different beast by the end of this year.

Meanwhile, Bid looking strong & decent sized buys going through at the Ask.

He seems very relaxed and comfortable with everything.

Extremely reassuring

The bid is slowly ticking up which is good to see.

I think tomorrow will be a more interesting day as people not wanting to be out over the weekend and the committee meetings will all have been held by this time next week

Hard not to be happy with where Kefi is currently positioned.

Financing imminent and further discoveries occurring

Looks to be some great near term and long term share price growth