' ....we believe this will be a year in which the c.£33 million market cap valuation and share price of Kefi Gold & Copper* (LSE:KEFI) from a 0.70p offer price will be transformed. There is potential here from already improving gold sentiment, but particularly from its assets progress in Ethiopia and Saudi Arabia.'
1.5p just 3 months ago so looks like it was oversold to me. Happens all the time with AIM stocks! The art/skill is judging the bottom (and then the top!). The level of increase in this cycle depends on the anticiapted news 'promised' in the last RNS imo. GLA
Looks like folks are reading the last RNS (Corporate Update) and taking a view that, at the current SP, this is a decent risk/reward trade/investment. Sarah is just background (irritating) noise lol
Oh Sarah, are you a bit thick or just lacking in observation and research? If you were monitoring the prices/trades you will have seen the ask jump to 1.1950p AFTER that last PURCHASE of 400,001 shares. The CURRENT sell price is 1.034p. Every BB seems to have someone who is a bit dim......
There is money to be made from this level imo. Plenty of activities planned for Q1 any of which could act as a catalyst for significant upward momentum in the SP.....
Sarah, 120 'Bloe' posts in the past 30 days, all negative. That is some input to a share where she has no investment. I would say she is paid to post such negativity but having read the contents.....(I'm not even invested here at this stage and feel like putting her in the green bin lol)
Interesting and potentially exciting update today!
"The Company remains focussed on delivering a quantum leap for our shareholders and has an extremely busy first quarter planned in 2024, when we will continue to implement our strategy, which is being funded by current cashflows''
The ONLY reason the rejection of this proposal will fail is if we (peeps) do not register our vote. Remember it's the votes cast on the day (in person and proxy) that will determine the outcome. The BoD already has 20% of the votes in the bag which could turn out to be much higher percentage depending on turnout.
Reading the RNS again it looks like 20% of the shares are committed in favour of the proposal and a 75% majority is required of those voting either in person or by proxy on the day. Hence it is very important that peeps record their vote otherwise OUR apathy will mean the 20% (already) in favour will become a potentially much higher percentage of the total votes cast on the day. That will be what the BoD is hoping will happen!
Peeps are normally apathetic when it comes to voting on company resolutions. Let's hope that is not the case here as it just needs a phone call to register a vote against this rip off proposal....