Member Info for dvharrison

I'm here for Saudi which will be massive for kefi as long as we don't give any more of our share away to meet ongoing exploration costs. I think we all recognise though that the SP is going nowhere until the TK finance is sorted. Come on Harry....

This constant selling must be of great concern for LTHs. The BoD seems to have very little regard for its shareholders. Shame, as the business model seemed to have great merit....

SP really sinking......

ATrades, I think 0.4p is too low. My more 'realstic' SP for a trade is 0.5p

The MMs were virtually giving the shares away yesterday sub 0.97p and they still look great value today. Excellent risk versus reward investment/trade imo (and why I have been buying this week!)

Well, I'm focussing on the deal rather than the GOI approval timescale (which will happen when it happens!). What's not to like? Just need a bit of patience which is in short supply on AIM lol

RNS: · Both Synergia and Selan are focussed on developing the Cambay PSC Eocene gas and gas condensate reservoir which contains independently certified 2P gas reserves of 206 BCF (as at 1 June 2022)

· The joint venture unlocks the path to a full field development of the Cambay PSC with a sophisticated and experienced operator-partner

· In exchange for the 50% interest, Synergia will be carried by Selan through an agreed US$20 million work programme ("WP") comprising 3 new wells focussed on the Eocene reservoir and 3 well work-overs

· The WP is to be completed within 18 months of the later of GoI approval of the WP or the award of contracts for the WP, extendable by a further six months in certain circumstances

· Synergia will receive a cash payment of US$2.5 million immediately following GoI Approval. The Company proposes to apply the proceeds of this cash payment towards working capital purposes.

· Synergia will retain a 50% interest in the Cambay PSC and a 50% share of the future production and revenues.

SP is holding up well considering......

The current sell price will look a bargain in a few weeks time. Heading towards zero.....

Can't access the presentation until tonight but a quick look at thew SP/trades suggests that the 'market' is not convinced by the update/progress. Maybe if HAA wasn't the one giving the message and someone more trsutworthy was running the company. Just a thought......

'can this bloke ever tell the whole truth..'

dsrt, obviously, through bitter experience, we know the answer is a resounding NO!

The RNS does read very well! It is just a pity that HAA has lost credibility over the years. I've seen companies that release that kind of update see their SP rise 50%+ in early trading. We're still sub 0.6p......

We'll see how convincing Harry is tomorrow!

TW again reiterates his view that the SP could double (and more) on TK finance sign off. Seems a sensible assessment but the issue is when or whether the TK finance is achieved!

I think there is a better than 50/50 chance TK will get the finance but not in the timescales HAA is suggesting. Launch next year and Saudi in production first imo!!

In the meantime looks like sub 0.3p approaching.....

More delays!

Harry was desperate to get the Placing away to maintain his lifestyle (and his ever growing waistline!) and would say/imply anything to keep the Placees on board (even duped newby peeps to buy at 0.6p on Primary Bid!!). Now the reality of more delays is here, i suspect. Maybe 2025 will be the year of KEFI......

Harry did say in the same RNS that he expected/planned 'full Project launch in H1 2024'. Looks unlikely atm. Perhaps the optimistic timescale was linked to the need to raise funds?! HAA.....NOT to be trusted imo

I've asked the question, did any, some or all the parties meet before the end of Feb as reported in the 13 Feb RNS?

RNS: 'The Company can now report that all the other parties in the funding syndicate, have advised they will this month go to their respective committees to approve the proposed transaction'

He might be a bit more realistic about timescales/planned activities etc next week as he has now got his Placing money....