Member Info for ElectricLion

So what? Why do you care?

Likewise Rob. I started writing a response, then shook my head and didn't bother. Suffice to say, being included in the same sentence as 3 of the most successful people on the planet is a compliment to HA rather than anything else!

Https://www.kefi-goldandcopper.com/files/presentations/kefi-webinar-presentation-20june25.pdf

"sell on the 1p+ spike and move on"

I understand the sentiment, I really do, but selling out just as the corner is turned is unlikely to be good investing. Not financial advice. DYOR.

Last word on this:

Quoting Major: "...of course a FIAT currency is going to depreciate in a functioning capitalist model - inflation/growth will do that! If the system works assets will outperform currencies and increase in value when measured in currency!"

Also Major: "unfounded claims like “there is a general consensus that gold will continue to go up”. There isn’t. Agree that no one can predict future gold price movements."

Given that what is meant by "gold prices going up" is that the value as measured in some FIAT currency, usually USD, increases, then you are literally contradicting yourself. Only way to square the logic, and what I suspect you actually mean, is to add the caveat "in the short-term" or perhaps "at a rate greater than inflationary FIAT processes", to your second statement quoted above. Over the long-term, as you state, inflation will do it's thing, and that means that gold will go up, as measured in those currencies. So maybe there is a consensus after all, over the long-term (decades-to-centuries).

Who cares Major? Get a new soap-box...

Agreed Mibb. We are (or certainly damn well ought to be) at a very critical moment in Kefi's history. If HAA gets TK properly signed off in the next month or two, then an awful lot of past failings and greed can and will be forgiven. However, if, by August say, that still hasn't happened, then he has a real danger of a proper uprising - maybe not enough to turf him out, given the additional dilution, but certainly enough to be embarrasing on a level he hasn't yet experienced. I'm holding fire for a short while, as frustrated as I am, because the status quo can't possibly be maintained for much longer. Something has to give, sooner rather than later.

Main reason is that we/he'd get pennies on the pound for a buyout at this stage. Give it a year or two, and we'd get a much better percentage of overall value. This is his retirement plan I guess, and he'll want value for money.

No chance. Not yet. At some point, sure, maybe, but not yet.

He's not going to go unless you make him. Ranting and raving on the internet won't help. There's always the sell button, if you'd rather be somewhere else.

Did anyone actually listen to the TW Bearcast? I did. Perhaps you should re-listen to the first minute or two where he talks about Kefi valuations...

Wealth preservation/diversification. It's many many times more likely that any individual equity will go to zero than gold will. So don't put all your eggs in one basket.

If so, it would be RNS'd. Look yourself.

I understand where you're coming from Major - I'm also sceptical of those who claim the sky is falling and gold will go to the moon as a result, but also, look at the 10-year chart for gold, and consider if the gold bugs might not have a point...

While the green boxes are annoying, I also find petty nonsense regarding another share from otherwise decent posters a bit annoying too. Any chance we could refrain from such tit-for-tat sillyness?

By that definition, there aren't many investors on AIM these days. To the extent that it makes you wonder if being an investor on AIm is even the right call...

9.3bn shares limits the upside unfortunately. 6bn shares 6 months ago, and the prospect of a huge multi-bagger was very real. A little less so now, due to the dilution.

Still, we shouldn't let ourselves be distracted from the central point - there's still (very) good money to be made from these levels. Whatever the price may or may not be a day or two after finance sign-off, it will surely be comfortably in the multi-pence range at production, and I'll take that, in these uncertain times, any day of the week.

Someone who spams multiple boards (they are not even invested in?), bad-mouthing another poster, doesn't exactly look good themselves...

Jim Mellon

Could be JM...