Member Info for deangalloway

Nm

In fact it's about 0.3 trillion in entire crypto mcap.

Not nice but not trillions

It's not Trillions though.

Please do

Fair points Sharezy.

Time will tell and I will not complain if it turns out that way but it's if buts and maybe like most things in life

Just been burnt so many times before.

Exactly 👍 — that’s the key nuance a lot of people don’t say out loud when they just point at the “$300m FCF” headline.

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Why mine life caps valuation

10-year mine life = finite cash flows.

You can’t value KEFI on a perpetuity or a high multiple like a tech stock — you need a discounted cash flow (DCF) across those 10 years.

After that, unless new reserves are proven and economic, the cash stops.

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Quick DCF-style sanity check

$300m per year × 10 years = $3bn gross FCF.

Discount at 8% → NPV ≈ $2bn (today’s value of those 10 cash flows).

Divide by 9bn shares = $0.22/share (~17p).

Current price = 1.3p → still looks cheap, but not “limitless upside.”

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The “cap” effect

With a capped 10-year mine life, valuation tops out around the NPV of those 10 years, unless KEFI proves new deposits.

That’s why majors with long life assets (20–30 years) trade at bigger multiples — their cash flow stream is more durable.

In KEFI’s case, the 10-year horizon acts like a ceiling unless exploration success extends it.

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The “9bn shares” angle isn’t the full story, but the finite 10-year life is the real limiter.

Even at $300m/year, the best you get (without more reserves) is a company worth in the low-billions → translates into tens of pence per share, nice if all works out. But add in other problem potentials and we should be more conservative. On a positive flip, if topd keeps going up then things get better, but the price of gold can also come down fast.

Great news and looking good so far.

Shall we calm down on the price predictions though...been there before and usually way off. Especially the sky high ones.

People talk of 300m FCF over 10 year time life. And a meteoric price.

Would be nice but with around 9BILLION shares, yes 9 BiLLION. I think we are going to have a to accept some more conservative figures for now.

It's only Tuesday but dare I say.

" I wouldn't want to be out over the weekend".

Or is it "I wouldn't want to be out on the run upto the weekend"

Mainly Debenhams adverts near me.

If your right though it would depend on what's paid for the business and its value.

Own snap....saw that....poor journalism by any standards

Hi Toblerone, could you add me too please.

@Gummiedean

I hope that's not Freudian... I meant Sunak

In the budget Sunk mentioned getting 130% relief on investment.

Would Oil investment in Falklands qualify.

If so significant cost savings there for a company

Did they work for you Cranleigh

Got mine OK Friday at ii

Trend broken, rise above 65 ?

Ask at 70p

Will we see a move higher before AGM

Just to be clear though, I would prefer Zoe to go it alone and make FTSE 100

If its not taken out sooner.

Great either way

Thank you for kind responses..

Some things to look at.

Good luck all.