KEFI - A Ten Bagger by 202522 Dec 2021 09:27
Here's my prediction for those with a long-term investing horizon. The share price is very unlikely to get much lower from here. The Saudi assets will need more money to proof them up, but it appears that we have a lot of copper/gold in the ground so a bit more dilution shouldn't harm the share price too much. Baring a major war/regime change in Saudi, KEFI's license areas, existing and to come, should prove so lucrative that even Mr Adams can't stuff them up. I've been here for two years and am down a lot, on paper, but I don't have to sell so am expecting a positive ROI sometime in 2023/24. True, I could have made money elsewhere, but Saudi will make us money regardless of the situation in Ethiopia. KEFIwill be a completely different animal if/when we finally get Tula Kapi into production. That's me done posting here for a least another year.
Wishing you a Merry Christmas and a covid free New Year! FG