Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Rob - Gold price has an immediate impact on producer.. It helps the developers.. but honestly KEFI initiated TK when the gold price was $1200 and since then it has doubled.. But KEFI had faffed about this for the last 10 years.. Increased the MC from £10m to over £30m, but with plenty of placements in between to feed KEFI and HAA.. :)
In nutshell, You don't need higher gold price (although it helps) for TK funding. Can you ask HAA to focus on 1 thing - TK funding and get this resolved. Approved and funds in the account please.
Thank you!
Rob - lack of updates.. yes and infact poor. Can someone here tell me what Kefi intends to by when? People want an update before HAA keeps everyone in the dark. Stop all the nonsense webcast, visits and Swiss conferences. Go and fix the TK finance. Update the market via RNS (rather than making someone an insider and pass on the info to trickle down). If you can’t just go HAA please.
“ Of you watched the webinar one of the questions was why the lack of updates Fantasy and been a criticism of the lack of communication in the past.”
I don't think anyone who had been invested in KEFI for a while is buying into update from HAA. People who knows KEFI well, will only believe when the funding is sorted and funds in the account.
It appears that the progress has been made.. but it is not done yet. Do us a favour HAA - stop doing these webcasts, put your energy solving 1 issue, i.e., TK funding.. Thank you!
Fivecandles - In 2014, All-in-Costs were $844 / Oz, gold price was $1200.. :) It was deemed profitable then.. Yes gold price will be much higher.. but finance needs to be sorted.. HAA had been spouting the same lies over the last 4-5 years... Yes lies.. why can't he lay down all the approval required in a simple table? From start to finish.. 100th approval.. and still waiting for the final approval? :)
HAA is the best spin master I have seen... :) GL
Wow - great news guys... :) by the way which April, 2024, 2025? or 2026? They have spouting about this for a while?
"Everything on track for completion by April.... Very much so, very much so Everything on track"
HAA will turn out to be another useless aim CEO if he doesn't get the funding over the line... I don't understand why he is wasting shareholders money for such presentations.. especially the company is depending on placements to pay his salary and the operations..
Rob - No need for any more presentation. No need to waste more money. Just deliver the funding and the rest will follow. HAA need to stop all the nonsense and deliver something meaningful or vacate the place and move.
Sharezy - Some people are so stupid you know?? They give advice like.. "give it time".. "use critical thinking".. "find a new hobby".... Posted their 1st post in Nov-23.. probably bought in just before.... They have great deal of understanding about KEFI and HAA... They ask people who have been invested in kefi for many years to keep quiet... and offer their stupid advice.. :)
Here is my another funny version or my version of Q&A from the BS master ??
Q: "Are you contemplating about TK funding?
A: Yes. We have been contemplating about TK funding for a long time. Every time, we think about it - we choose to place and shaft the shareholder. That is an easier option, rather than getting the funding over the line. I can drag this for the next few years, until I get sacked as a CEO. :) Lets be honest about it.. I find some of the shareholders funny. They think they are investing, we think they are gambling in a frontier market. This is a sad reality. I come here and tell the same thing every year and get away with it.. :) I am being honest..
Q: Why do you think the share price is so depressed?
A: I can talk a lot of BS. But lets get to the point.. the point being, I do regular placement. But I can say that it is the market. AIM market is so depressed and so is the share price. We have done a lot of work in Ethiopia and Saudi Arabia. We are ready to launch TK.. we have been ready for the last 3 years. Its State of Emergency, it is depressed capital markets, it is regulations, it is frontier market - I can tell all the excuses I wanted.. But we are working closely with all stakeholders to sign all the documents... we have completed 113435 documents.. another few to go.. I am excited we are ready for launching TK. :)