Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Many don’t understand about financing and hence message like the one below. Funding is not sorted yet. Umbrella agreement is signed. There are 2 more steps, CP and EGM for share holders approvals. EGM likely to be in Jun-23. Thats when the funding will be truly sorted. Thats when I expect the share price to be above 1.6p or 2p or more. Funding draw down will help ths share price further. Hope this helps. Any dips here is an opportunity to buy further.
Bottom line is we have made progress towards funding. 2 more steps to go before we start to reap the rewards. :)
“ I thought we'd see this rise sharply on TK sign off? Where are all those posters that said this would easily be 1.5p once we had TK sign off? Nowhere to be seen.”
at current gold price of $2030 / oz, who thinks that this finance deal about to fail? probably the best situation or position that kefi had been in the last 8 years...
- Progress in TK funding / construction
- Multiple SA assets..
- SA dual listing..
- Improved Ethiopia security situation
- Higher Gold price..
lets get the 1st one, TK funding out of the way and we will see some of the valuation for SA assets and improved NAV for TK will come in to play.. GLA
simple - I will go with $20000 / ct type diamonds... but I am disappointed that it is only $20000 / ct; could have been better with $200k / ct, which would have helped clear all the debts and pay AP for another 20 years.. :)
What a joke steward!! From 50m shares in issue to 3b shares.. you are calling it a last placement.. only time this would be a last placement, when vast goes bust or insolvent. Very easy to predict AP and his placement patterns..
“There's still ifs, buts and maybes but IMHO the current fundraise should be the last one (I know that many of us thought that about the last one)”
Told this before, we will have a placement before any diamond news… AP at his best.. swift and fast with arranging the court hearing; followed by placement.. kept the shareholders in the dark and various speculation; followed by 2nd placement.. how much does diamond bring in? No answer, AP doesn’t care… swift action on placement.. :)
SB - end of june now? How this was all supposed to be completed by End of Dec… then end of Jan, then end of Mar.. now we are talking about end of Jun. Understand the complexity, but I really don’t understand the BS from HAA.
Presentation states Q2-Q3 for financing. Q4 for construction. But HAA in la la land states something else, which he has never achieved before. Can’t trust HAA.
“Simms - 100% agree… I believe we will have a signed final umbrella agreement this month, which will catalyse the definitive documents for May
All done by June, and a massive re rate “
When will you expect the next news? If positive news on diamond, will vast do another placement? :)
when this lot need a placement - they release news in order... diamonds had been hanging in the air for a long time..
News on
23-Jan; about the diamond court case
02-Feb: case status
06-Feb: placement..
7 weeks of no news...
31-Mar; process for releasing the diamonds..
Actual release of diamonds... followed by an another placement?
AP is playing this to his needs rather than anything else...