Member Info for ElectricLion

Not too late to get back in SB. In fact, you may be just in time, this time! Fingers crossed!

Good luck either way.

Who, me? No, not yet...

Killed what? A Bed'n'ISA? Not in my experience. The broker usually handles it pretty well, it's not quite the same as doing it yourself.

Indeed. Wasn't a dig at you dd. Just expressing some general irritation with some other posts today.

I'd bet a small sum that's a Bed'n'ISA... 19.99k value, prices very close, later trade has slightly fewer shares. If everyone stopped running around shouting the sky is falling, it might be possible to have a reasoned discussion.

No-one actually *likes* placings, but if you really can't tolerate them, don't buy into a company which doesn't actuallly make any money yet!

"The market" is mostly made up of clueless folks like you and me. The market decides the SP, that is all. It does not decide events, such as TK funding. Far more accurate to say, the market does not "expect" much, but if we believed in an efficient market, we wouldn't be stock market investors in the first place...

Just going by what MC said Seingred. Webinar in early August I think.

It is an asset sale in name only. MC alluded to this in a recent webinar. Rules and regulations apparently restrict the number of parties one can approach for a full company sale. It seems no such restrictions apply for an "asset sale". MC said the market would be updated if the asset sale scenario changed to a company sale, although my guess is that all of the information will come out in a single RNS. The big one!

As I say, that would be insider trading, which I'm sure does happen, but it's certainly against the rules, so you certainly can't *assume* that it *will* happen. Also, could easily be against their own best interests, if either they end up not buying the asset/company for whatever reason, or if their trades raise the SP to the point where CNR start thinking about asking a higher price, or just raising funds at the higher SP and building the mine themselves. Big picture is, lots of risks, not much gain.

"My concern is that the share price and trades are not looking like a company that is going to get sold or certainly not for a decent return."

This is a common fallacy I feel. Your theory is that the SP would be higher if the company was going to be sold for a decent return. But what, exactly, would make it go higher? Buys of course, preferably lots of big ones. But who would make those trades? Probably not us (aka "the market"), as we don't know anything. Most of us already have as much in as we want to, more in some cases and it's probably fair to say that many don't have much patience or belief left.

So who then? The only other option would be insiders, one way or another, and there are rules against that sort of thing. Rules are made to be broken of course, but there are stiff penalties if caught. Can't see anyone on the CNR side risking it. On the purchaser's side? Possibly, but unlikely. It could kill the whole deal. So there really aren't many, if any, parties that would actually make the trades that would cause a significant SP rise, in the absence of concrete news.

And just like that, the thread was gone. Interesting. Most likely explanation for that IMHO is that it was a duplicate account...

Indeed. By all means trade the liquidity situation if you like, but don't confuse that with it actually meaning anything. News is all that matters now.

It's not a will they or won't they question, not any more. There's far too much invested by all parties to just drop it at this stage, at least, not for anything else than all-out war. It's just a question of working through rather a lot of paperwork between rather a lot of parties, all with their own agendas and priorities, in a country whose financial institutions and processes sound like they have been significantly over-hauled, just so this deal can happen. So it's happening. If you don't believe that, then sell of course, move on, and please don't whine too much. For the rest, it's just a case of waiting. If you can't do that, maybe you're not cut out for this lark.

Another idiot who contributes nothing of value filtered. Jeez. What's wrong with you people?

It's not about being offended or upset. It's about not wasting time and energy. I have a full-time job, a wife and 2 kids. I have neither the time nor the inclination to spend precious seconds of my life reading nonsense from those who are quite clearly unsuited to investing, full stop. Ask anyone who knows me, and they'll say I love a good argument, but life's too short to argue with idiots on the internet. There's rather a lot of them. Hence, the filter.

I've got to say, the Q&A section is excellent investor communications. Arguably, it wouldn't be needed if everything always ran smoothly, but that's not realistic in the world of mining juniors anywhere! Well worth the effort for the company to provide considered and informative (albeit, obviously with a pro-Kefi agenda) answers to the constant stream of enquiries (and complaints!) of all flavours they must get.

He's clearly got a problem IMHO. No-one in their right mind would deramp so fervently if they owned any shares. But why waste the time and energy on a share they didn't own, when they could spend that effort on literally anything else? Too easy to imagine he just wants a lower entry. No, I fear, it's a manifestation of mental illness of some sort quite honestly. Sad, but when's all said and done, not the temperament of someone anyone should be listening to. Filter IMO.

Not all events in the present are known to all. Hypothetically, TK finance could already have been completely scuppered by this, but we just don't know it yet. Therein lies a risk. My position is, that situation is unlikely, but who knows what may happen in the future. Anyway, splitting hairs rather!

We will have to see what the market thinks on Monday, but I would have thought most here are already fairly risk-tolerant, or they wouldn't be here in the first place!

AquaeSulis01, as SB_1964 says, of course there is a risk. There's always been a risk. It never went away. This is Africa. But that's a future risk. My point is that, today, I don't see the state of emergency in Amhara unduly disrupting TK finance closure. That's just my opinion though. Everyone must make their own risk calculations for themselves.