Member Info for ElectricLion

Ash666 - respectfully, no they don't. They need to build the mine. The market will do whatever it will do - KEFI leadership can't control that, or even predict it any more than we can. What they can do is to execute on the plan, and then the SP will look after itself.

$5 next week seems almost a formality. Crazy times, and not entirely in a good way, but it's great for MTL's bottom line.

Done. What a plonker. No-one else is starting culture-war crap other than you, and we have no need of it on this board thank you very much.

Drama-llama alert. Also, question marks over mathematical ability regarding number of shares. I give 'em one more post before deciding whether to use the filter...

"it seems a bit of a left wing board"

Wat?

I may trade and/or de-risk at certain milestones/price points, but I see no reason why I wouldn't be holding a considerable stake at production and beyond. Most AIM PIs are short-sighted traders (and credit to them if they can make it work - but I bet most don't), but I (believe I) know a good thing when I see it, so as long as nothing fundamental goes wrong, I'll be holding for the foreseeable future. I've made my fair share of mistakes, but I'm not about to let shares go cheaply in what I'm pretty confident will become a mid-tier miner, during a once-in-a-lifetime precious metals bull market.

A consolidation is a possibility, but not necessary. Allegedly some IIs don't like large number of shares, but I'm not sure that's anything more than an urban myth, unless anyone knows different. Mathematically, it makes no difference. Anecdotally, most, if not all, consolidations I've seen result in an SP drop, for some reason. Go figure.

JBCo: FYI - your credibility was shot at 08:10 this morning. Just sayin'...

I am not familiar with NTVO, but I have a policy of not investing in companies that are worth less than a nice house in London! Too many liquidity and financing issues. Buy a lottery ticket if you want a gamble!

Lol @ you guys! The market's been open 10 minutes! Chill!

Some on here seem to believe that DB is the messiah, and that Lee is his prophet! lol

Fact of the matter is, he's just a man, and while I remain fully invested, it does no-one any favours to pretend that there are not factors outside his, or anyone's, control. That's not an insult to him, or a deramp for the SP, it's just a fact. Reality doesn't care what you believe!

"The area is notoriously volatile apparently - several residents were killed and injured during the last round of elections."

This is not comforting. Again, unwelcome parallels with past experience in CNR.

More generally, it seem that we will just have to wait for this particular storm to pass. Dupax expectations should be put on the back burner, for now. It ought to end well, for us, but time-frames are now uncertain, to put it mildly. Concur that the company should issue some sort of statement to settle nerves and adjust expectations, rather than allowing it to dribble out via local news publications like this.

Love the attitude and enthusiasm shown by Chancery. Have half a mind to invest, but no idea how/if I can before IPO, and who knows what price they'll IPO at.

They clearly like KEFI - nice to get an outside perspective, and an hugely positive one at that. 7-8p this year sounds like a lot given we'll still be a year from production TBH, but even half that, and then 7-8p+ at production start would still be a hell of a return. It's hard to value a developer, but once in full production we will be worth a lot, so the value gap will close over time.

Some strange folk on here sometimes.

New discoveries tend to be found where discoveries have already been made. In any case, it seems likely that the resource at TK itself can be significantly increased: "KEFI considers that there is significant potential for Resource-expansion at Tulu Kapi at depth as the orebody remains open. The last drill-hole was 90 metres at 2.8 grams per tonne. We also intend to explore in the region."

And that's to say nothing of SA...

Just filter him if you don't like what he has to say. Some of you are coming across as a bit obsessed by him TBH.

Hi accipiter! Myself, CarefreeCarry and Simms are here, as well as MTL! Not as far advanced as MTL, but also valued considerably cheaper, so more room to grow. DYOR.

£10 says that ain't gonna happen. Once you begin to understand what current AIs are and what they're not, their limitations become apparent. AGI is a whole other class of problem that we're not likely to solve any time soon. Nor are we in any way ready for the implications if we do.

You're not likely to get sufficient consensus amongst a group of PIs to make it feasible to find anything they can agree on to put to the BoD. If you did happen to find such a topic however, then it might be worthwhile, given that, by definition, it is a concern or topic that finds broad support among that group, and quite possibly in the broader shareholder base as well.

Just because a CEO is paid well to do a job does not mean that shareholder relations can or should be neglected. Part of the actual job is to communicate with shareholders - we do own the company after all, and the CEO is just an employee and is therefore (theoretically) ultimately answerable to the owners (us).

I may have mentioned it before, but I find KEFI's Q&A - https://www.kefi-minerals.com/investors/q-and-a - an extremely powerful tool for shareholder communications. The company gathers up queries sent in from shareholders and writes up answers on their website. That scratches much the same itch as is being expressed here.

All depends on value. Generally speaking, you'll pay more for immediate cashflow, no debt, etc, so there's a balance to be struck, always.