Member Info for ElectricLion

Punchy. I like it. Nothing we didn't know already of course but it does do a good job of highlighting all the upsides. I think many investors here have been ground down by years of disappointment and have accordingly low expectations, but I think times have changed, or at least, are changing, and so I remain hopeful that a punchy takeover valuation can be achieved. Fingers crossed.

Agreed Olderandwiser. Since this has also been spammed on the CNR board, I feel entitled to say that CNR has been in a sale process since Nov 2022. No-one on that board can quite believe it's taken that long, and naturally we all continue to hope for a decent outcome for shareholders sooner rather than later. Hopefully your sale won't take anything like that long, but it's possible. As such, a note of caution is justified, but the spamming is not.

You guys must be really bored. Don't you have anything else to do?

I concur with Rob, but Ben, I'd say that you shouldn't feel that you have to contest every dodgy claim on here, or the broader internet - that is a futile and unrewarding pursuit! It is clear that many here are, let's be kind, "unsophisticated" investers. Some positive, most negative IMV (but then perhaps my bullish bias, which I appreciate you don't share, is influencing my views!). Either way, I think live and let live is, if nothing else, the least stressful way to go through life.

My honest opinion is that JM would not take 40p. Thus, a sale will not be done at that price. He'd find another way to monetize his invesment if that was the best offer available. Time will tell.

An unknown trade for a third of my holding tells you that the deal's off? I think you're the one who needs to wise up.

You could also have learnt about the Lassonde Curve, and to avoid the orphan period. Or about avoiding following a falling share price all the way down, perhaps by setting stop losses. Or how about *not* selling up just as a company-making deal is finally coming to fruition...

Agreed Surrey. I like the number 32 - it's a power of two, which I appreciate as a mathematician and software developer. But 64 is better, and 128 would be ideal! lol

Connect1 - JM's high price expectations perhaps. Perhaps not everyone agrees with that assessment, but it is one possible answer to your question.

Https://kinesis.money/

Haven't used it myself, but that's what this is I believe.

I think most people would contend that Market Makers don't count...

Https://www.youtube.com/watch?v=imE4wt4gfs4

While I have never attempted to contact MC or the BoD myself, being somewhat aligned with Seingred in that I can't see that any info useful to my investment would be shared, I also think that one would have a much higher chance of a response if the questions asked are reasonable, the tone respectful and possibly the spelling and grammmer on-point as well. I suspect that some who may have tried, have lacked in one of these areas.

Either way, thanks cf for the info. Evidentally we have to see whether this latest entrant is serious or not before finally signing a deal. Autumn perhaps, but who really knows.

Quite a few automatic trades. Could just be stop losses.

Gold being caught in the downdraft as well to be fair. Just have to give it a day or two and see if it blows over. Buying op or falling knife? Who knows!

I have TMC filtered, but I would say it's certainly significantly less risky than the market currently thinks. A so-called asymmetric play - more upside if it goes well than downside if it doesn't.

Besides, it's not just Kefi. The Ethiopian government, international banks, and wealthy, well connected individuals and groups all have a significant interest in TK working out.

Those who say otherwise are, at best, stuck in the past. Unable to get over the pain of their past losses to realise that past performance is not indicative of future performance. While one must always exercise responsible risk-management and position sizing, it's next best thing to money in the bank as far as I'm concerned.

Funki - what's your definition of 'getting off the ground'? Second bank approval? Start of construction? Start of production?

As is well documented by now, Ben is implicitly starting from a position that Kefi will get screwed in their JV in SA. If that was the case then we would a.) have those assets taken away on the (relative) cheap, and/or b.) would have to raise to pay the outstanding debt at a time which suits them rather than us.

However, all indictions to date are that that will not happen, and indeed that Kefi's partner is supportive rather than predatory. In that case, the situation looks rather different. In that case, Kefi can pay the debt when it suits them, or conceivably even carve out a small fraction of the TK finance instead (I'm unsure to the extent that these deals are ring-fenced).

So a much better question than whether there will be a raise soon, would be - what price would a hypothetical raise be at? If Kefi can get the TK finance signed off within the next month and a bit, and can hold off raising for that short period, then perhaps a raise could be done at twice the price of today.

To conclude, raising the possibility of a fund raise is lazy deramping and implies a raise, if there is one, would be done lower than today's price. A lot of if's in there. Just as many as in any ramper's posts.

Who TF cares how old he is?! Are you for real?

Just another idiot to add to the filter list.

You know, one option when there's nothing to say, is to say nothing. Just a thought.