Member Info for emcauslan

Did anyone else feel that M Le Fandango's last post was actually rather encouraging?

Nyota capex of $50m; completed DFS; favourable Ethiopian government; Nyota had to sell its interest to KEFI; sold because it couldn't raise finance when gold was $1200.....

Hmm. Maybe that AI chappie might have spotted something here, and M Fandango is actually on our side? Qu'est-qui ce passe ici?

CMCL down 8% - KAV down 12%, AAU unchanged.... Hmm.

I'm new to this chat, but have read the contributions over a long period.

Thoughts of the long term holders here?

Hypothetical question. Genuine.

What are the good denizens of this chat forum going to do if an RNS reveals that the equity allocation has been filled, 75/85% or whatever, and the share price goes to 2 / 2.5p ... and sticks? Most of us now are in the money by now (or indeed well up and sitting pretty) and we need to make a decision.

Monty Python run away, run away? Take some profits off the table? Or curse the stupid market and hang on??

Totally agree on his views on so-called "rampers" on this site, as:

a) there's only about fifteen people on this site (excluding multiple names) and 13 1/2 of them are Kefi Krazies knee deep in the shares already, and

b) even if someone thinks "you know that Kefigold chap might have something here - I'd better get in before Monday for a life changing event", they're not going to move the price a centime.

I also think he's right about the market reaction to the equity raising. No turnover, no interest, heard it all before. But the main reason this share won't get to 5p is that I'm a holder and these things just don't happen to me! My nearest to a ten bagger was buying Goldstone Resources at 2p, selling half at 18p then buying them back at 11p. Price now 0.4p. I shouldn't be allowed out, never mind owning shares.

BTW what was the most popular tip on the list of 250 AIM stocks (and how many votes)??

I love this board. Monsieur Pierre- le Fandango??

Beelzebub has a devil put aside for me-e-e-e.

Great stuff.

Just out of interest, why would you think the Risked NAV at current gold prices from the No 1 rated mining analyst team and nomad and broker to the company is "conservative to the point of being ridiculous"?

i now know what addiction is. i keep coming back to this site - day after day - to read the same old **** from the same old names, talking about trains leaving stations, rockets going off , only 6,5,4 days to go, mms screwing us, someone bought / sold £1k.. and it's all nabulla.

you know it. i know it . no-one is going to change their mind reading any of these posts.

yet i keep coming back? why?? aaaargh.

carry on macduff.

I would take no comfort from having so-called institutional investors on the register. I was invested in Shanta Gold (AIM listed also) last year - fantastic asset in Tanzania, literally one year away from producing 100k ozs pa and in comes a low ball, opportunistic bid from some dubious, Mauritian based consortium (including a board member!) at a price BELOW the last placing. The board rolled over, cravenly recommended it, and despite a great effort to co-ordinate a couple of hundred private shareholders, the effing institutions just ticked the box without I suspect even looking at the name of the company, never mind the long term. In that case, they had a declared c 70% of the shares. Kefi is different - platforms like HL, II and Barclays direct have 40%; but again, don't think it's easy to collect lots of votes from PIs.

I'd like to see who is behind Vidacos, BNY, Pershing and Nortrust etc with 3-7% each. In my experience, they are likely to be institutions.

Be interesting to see if the Dear Leader actually exercises his first tranche of warrants - and what he does thereafter.

"Ready-to-go gold projects like Kefi Minerals* in Ethiopia should be able to sell forward production to guarantee substantially higher cash flow and compete their project financing."

"Good night sweet prince,

And flights of angels sing thee to thy rest"

(Hamlet, Act 5 scene 2)

More than a little disappointed at the lack of news this week, and no surprise the share price has responded as it has. We were given pretty strong hints that signing etc was close, things in place etc etc, and we all hoped HAA would get it over the line this week. Hence the strong share price rice, and the subsequent reverse today on no news. We cannot also ignore the fact that macro factors have impinged with news items about increased tensions in the area etc - we don't know how real they are or how much are sabre rattling, but they are rumbling in the background.

The question is what to do?? Hopefully, a large part of the contributors here ( not the dafties) are probably either breaking even or in some profit now - apologies if you're not - so do we cut and run, sell enough to be in for free, or tighten the bum cheeks and run it? I shudder to think what might happen if no progress over the weekend and Monday opens with no positive news.

But this is a punt - I've not bet the farm. So fingers crossed - come on you Kefi!! 2026 holidays are riding on you - is it the Bahamas, or Bognor Regis again.

PS - no offence to Bognor Regis residents. I've never been there and don't know why I chose it. Alliteration prob.

Oh God he's back.

Who are all these new people?

I've a degree of sympathy for Bonkers' view - when you can, take your initial stake off the table and relax watching what will inevitably be a bumpy ride.

BTW, I've been away for few weeks - who the f*ck is Mr Humble?? He's either the wierdo at first year uni who wanders around with a King Crimson album under his arm, permanently stoned and mumbling drivel like "it's the cosmos, man"; or the classroom swot, very bright and will probably go on to discover the Higgs boson particle... but still can't get laid.

My concern is the big licks being given by the company to the fact that certain "in the know" institutions came in at the last placing. What exactly did HA say to them during the fund raising that he hasn't said many times over in RNS and other announcements? And if it wasn't anything different, what are their views now on the several months' silence on any of the promised events? Add in the share price weakness which has taken it below their in price and I can't see them being anything but unhappy bunnies.