Member Info for einvestein

Twas me that predicted a revisit of 2.4 ish. This is valued at �8 million mcap. Yep, right. There are other crappy exploration companies more than that. As soon as the bond is placed, we may see a jump. Oh, and too keep some balance, if the bond fails, then the sp will fall. However, this is highly unlikely given that the bondholders have even reduced the rates.

Flawless, If there is a massive jump in sp, it could be wise to take some profit and reinvest that on ftse 100. All AIM stocks, as i am sure you know, behave in exactly the same way, regardless of how good the company is. All good news, and this still falls. Someone selling a big chunk deliberately to close off a short i think. I am looking at a potential mcap of about �80 million as reasonable. That is when I will only think of selling. ATB

Reminds me of MATD .... jumping over 3p and then being dragged to 2.31p. Been sitting at that price for ages or months. Suddenly it will happen. Some people will take 10% profit, other 100% and if you are patient and do not sell on the rise, perhaps 100's of %.

Any company that pollutes drinking water is ought to be punished. There is going to be minimal political risk with kefi because the govt owns 25%. As long as some sweets go there, usually no problems occur. Same with nigeria, india, bangladesh etc.

its amazing that the sp hasnt budged a bit. 9 million mcap is a joke. The mandate is literally instructing the arrangers to issue the bond. And the rns also stated that kefi expected improved financing terms. It looks like a done deal now ... but there is always a chance it goes wrong....But this happens with anything

Flawlesskicks, yes there will certainly be some sweeteners within the deal. But like others, I just hope the deal is done.

I made a slight mistake ... ooops. Kefi will own 52.5% (70% of the 75% TKGM) and third parties will own 22.5% (30% of 75% TKGM) because it is going to be shared among the Kefi Ethiopia subsidiary.

Thanks for link. So there will be no new shares issued ?? The project level finance means less 'dilution' than say issue of 200 mill shares which would have been equivalent to 40% dilution (instead of the 30%). At first it looks a lot but better than issuing 200 mill shares i think.

just bought over 100k shares yesterday. I think MM are trying to get it to 2.35 level and then we may see this rise. As soon as the mm gets a sniff of the equity raise, this will rerate. Lots of debate on the advfn board about the kefi ownership. Rns clearly states that balance of 30 mill is under negotiation with third parties (and it doesnt mean giving away the slice on the same terms as the ethiopian govt) and conditions of the bond raising is that KEFI remain controlling shareholder of TKGM. Is there a chance we may see 200 million shares issued to third parties at around 10p to raise the $30 mill. That would give a mcap of only 50 million pounds. The other scenario is 700 million shares issued at 3p. But that means the third parties have 70% of shares which doesnt seem correct. Any comments?

From august will turn a huge profit of around �25 million pa or 1p EPS. It is still turning a profit of 3.3 mill in last 6 months ... 20p at east in a year.

Is that going to be reduced by 20 to 1 same as the share consolidation. If it doesnt then thats a hell of a load of option compared to the 130 million shares that will exist AFTER the consolidation.

does anyone know if this amount stays same in 2017. Surely cant be ..? I know that they spend 100k per month for the algo trade thing. So that will still be there . Interested in the 2017 interims which will show international sales but obviously costs for these will also be there.

https://fxdailyreport.com/lcg-adds-italy-40-well-new-finish-austrian-shares-cfds/ long term of 5 years....you could see market cap of over 100 million. They can generate revenues of 25 million just in UK so with more international revenues and cost cutting, could be a winner. However, I am not expecting great news for year ending 2016. Its what coukd be during 2018 and beyond

I was being a bit sarcastic Banksman. Someone very knowledgeable claimed we had all invested on the basis of 'management observations' whatever that means.

excellent analysis Dar, We all invested on the basis of management analysis and so did the large investors. No diamonds to date were found.

they are all scumbags. PL was a former banker .... should have never trusted that guy. Where is rasmala now, the biggest scumbags. If they werent too greedy for shares, I think DCP could have just raised another million throuh them instead of this BRP (Bull**** Rescue Package). Our debt is around £28 million and the mine is worth a billion. What are the chances of it being sold for more than the debt. ZERO because we are in SA. This will be picked up for £10 to £15 million. I think the interested parties are offering peanuts and deliberately draggin this on.

to date no progress has been made by the BRP. Excellent work by PL and that D Terbal..... guy. What were they trying to do ... reopen the business with minimal dilution or go bust. I dont believe that a $million bondholder held everything up. Why couldnt they raise any via primarybid. Loo, at LGO who raise $2 million every 2 months. once DCP reopens PL wil surely still be there. I pray to Almighty god that whoever and if they did steal this from us rot in hell and all money become useless and live a life of misery...

it signifies that bondholders are willing to wait until it is sorted. If not banks and bondholders are always first in line in any payout. Total debt is around £27 million, so if it is sold for £50 million, shareholders can expect at least 4p. It really depends on how many interested parties are going to bid. Anyway, lets not go there, as there is still plenty time left for this to reopen. And that just shows every stakeholder is interested in DCP being rescued, except the AMCU bas@@@@@.

passed http://105.30.22.93/SENS_20170406_S383523.pdf

brilliant discussion Mr+ and Val. Send that excellent recommendation re contractors to PL. This mine can easily be saved, but I am not sure whether the directors really want this? There are lots of **** other AIM companies out there that are able to raise money very quickly. That sovereign contact u have made me smile..... go ahead. I dont think they will need 70 million though. A $10 million would suffice. GLuck