Looking like a (final?) fund raise will be needed this year before we (hopefully) generate cashflows. The price (sub 0.04p?) will inflict more pain on LTHs...
RE: The never-ending story continues with this fantasy23 Jan 2025 10:38
If it is that depressing I suggest you find something interesting and exciting instead. You sound like you need help if reading an RNS is making you feel so low😔
Unfortunately the 'market' is just not interested in anything other than TK finance sign off. Saudi is just a massive missed opportunity for kefi shareholders and I suspect our remaining 15% will end up pretty worthless. Looks like the market agrees....
JP told us we were undervalued when the SP was 3p+ lol. He has no idea what is going on hence he was pushed out the door. JP will do what is best for JP, pure and simple. If that means keeping his shares until the SP is higher...great!
Yep dsrt, after early morning enthusiasm mostly selling it seems as folks realise the closing date has moved back again. And Q1 still looks to be push given what still needs to be done. Folks just aren't buying it anymore and want ACTUAL delivery!
My 'reality' has been formed by many years of positive RNS updates (like today's!) followed by the disappointment of what has actually then occurred 'on the ground'. Remember how our Saudi assets were going to dwarf TK? Very little of those assets remain and 50-70 USD for the remaining 15% may be optimistic (it might not!). The only point I am making from today's update is that a lot ot work still seems to need to be completed to get financial sign off and we shouldn't, therefore, be surprised if Q1 becomes Q2 or later. Enthusiasm in an investment is great but sometimes taking off the rose tinted specs might help see a bit more 'reality' of what is actually happening imo
Any competent BoD would be making sensible, business focused decisions in the interests of maximising shareholder value. Sadly, Roland is in charge....
I suppose a key concern of potential investors would be when JP sells his shares? He'd still be making a healthy profit at today's SP. The statement back in november when he has no 'current' intention of selling his shares could quickly change when he severs all company ties in April. One to watch out for as I wouldn't trust him to maintain that view given his age...
Mostly buys this morning but SP still can't get above 0.5p. Looks like only actual TK is going to move it up given the history of missed deadlines. Let's hope we get it done together with the remaing Saudi sale this year......
So many 'positive' updates over recent years and we always end up extending the deadline for final finance sign off. Hopefully Harry will hit the end of March deadline and we can get the SP off its ar*e...