The discount is significantly smaller than SML’s placing today, and their share price has risen 17%, so there’s plenty of upside ahead now that we’re fully funded.
Will be probably open 1.25-1.3p and move back past 1.5p once the dust settles. Dilution is circa 20% so a small price to pay to get the plant constructed. Placing is with sticky institutional investors so can finally see a sustained rise in the share price over the next few months. Could see a similar move to SML after their discounted placing today.
Poor from Lenigas. Those looking to recover losses may want to research CDL which has super high grade samples in several locations and fully funded for the drill campaign.
The last $20m of funding will arrive when it's ready - it not required until another 12-18 months as it's contingency funding so I rather they take their time to get the possible terms.
In the meantime we will continue to appreciate as we progress with construction. The most obvious 10 bagger in the resource sector over the next yr or two.
RE: RE: RE : RE: 10 bagger by production10 Mar 2026 21:35
6-10p possible within 6 months and 15-20p between 12-18 months. Kefi is now significantly derisked and the gap between mcap and NPV is simply too far apart.
Has to be the cheapest energy stock on the market with a relatively risk free suite of products. The war will be over within a month so no real risk to AEG. It's not like Iran is in war with Dubai.