Member Info for Hubstar

Was lucky to grab another 600k near the day low :-) happy days

Maybe it could be today - look at the chunky buys flying in

Guly, our chairman said this a few days ago over on interactive ( ii ) , i have a hunch that the additional fundraise has as much to do with Saudi than it has for TK.Maybe there is something significant also coming at Saudi just as we get fully going at TK too,we know the news is well overdue.

Harry Anagnostaras-Adams, executive chair Kefi Gold and Copper

"But of particular note today is that we were invited also into Ethiopia. So, this is a particularly high-margin project. Revenue today, if today was year one, would be close to $1 billion. It would pay all its debt within12 months and we’d be paying dividends within 12 months."

He also said the following,is he giving a clue that there is some big Saudi news on way ?

" It’s a pretty significant moment you’re choosing to interview me because KEFI Gold and Copper entered the Arabian-Nubian Shield 17, 18 years ago and Saudi Arabia were invited in by a large conglomerate and were the first to have made modern discoveries in Saudi and they’re in the development pipeline now, those projects."

Key thing to remember is that TK is now fully signed off and funded and the company have additional funds for other parts of the asset portfolio which includes the underground at Tulu Kapi,Konso,and Saudi.

I think taking a measured view of the RNS yesterday,it means it will speed up our move off Aim and onto the main list ( which is fantastic ) and will also enable the company to speed up everything to meet own timelines or even get us ahead of shedule.As many have said the 1.2p was abit of a giveaway but looking at the bigger picture it gives us a high degree of stabilty just at the right time when we need it ,and in my opinion the move onto the main list will attract pension funds easily because of the very high ROI,s and realistic large long term dividends.

Once the dust settle from this placing we will start to see some realistic valuations appear for Kefi given the multi billion asset we have at Tulu Kapi and our other assets that have superb potential.And dont forget we are not that far from production in relative terms,so the newsflow coming from TK and other assets should now be regular.In my opinion Harry took the safe option of the fundraise at a time when wider global events had the potential to hold us up,so all in all i think a smart move.Yes our market cap is way too low for what is on offer,and i suggest the new institutions that we just have onboard are licking their lips at the opportunity.

I still think we could be trading in the 5p to 7p range before the end of this year.

Its very possible it could be next week and even early next week IMO

Some nice steady large buys landing and looks like an order being filled.

Chesh / Joe, i think you could be right,this is perhaps the most exciting time in Towers history,african oil is going to be in high demand and situations like where Tower are in right now can see alot of value created quickly.I would be very suprised if they not announce something next week.

SmokingJoe,certainly an interesting few weeks ahead here,all the signs are looking very good for a change :-)

Yes this is what its all about - unlocking Substantial value to shareholders :-) Kefi are now in control and i suggest they will start turning on the newsflow taps on a regular basis now. TK ,KONSO and SAUDI can now all progress at Kefi own pace.

"This strong and oversubscribed equity raise, driven by significant institutional demand, is a clear endorsement of KEFI's strategy and the quality of the Tulu Kapi project. The increased scale of the fundraising ensures that Tulu Kapi is now fully funded through development, replacing some higher cost capital and positioning us to move forward with confidence. Importantly, it also provides the funding to accelerate our substantial broader growth opportunities by advancing our highly prospective strategic exploration portfolio, both underground at Tulu Kapi and more widely. We believe this marks a pivotal step in unlocking substantial value for KEFI shareholders, both at Tulu Kapi and in the longer-term across a wider asset base. In addition, the institutional investor support we have received positions the Company well for its intended transition to the Main Market of the London Stock Exchange in due course."

Chesh,yes i agree on the bridge loan repayment :-)

Out of interest what sort of bounce do you think TRP will get on approvals ? surely it cannot stay under £10m market cap for long

Giro,when looking at the last RNS there seems to be more than a hint that they could well be very close indeed,if not today i think next week is a fair bet.

By the time of the shareholder vote this could be trading up near 2p again or even over IMVHO

Patshare,not ony are Kefi fully funded for TK now but they also seem to have a cash runway till the first Gold Pour and have extra funds for additional work on other assets like KONSO and SAUDI.

I agree the 1.2p placing was abit cheeky but in terms of what it does for the company it puts them firmly in business now and removes all doubt about the funding and equity.Also as i said yesterday the intention to get off off the Aim market and move to main list with new institutional investors is exactly what Kefi should be doing right now.So i applaud Kefi for taking the reigns and putting themselves in control of events now.

Bottom line is TK is worth at least $5Bn and possibly double that if the underground work matches the open pit ,KONSO has the potential to be another TK size asset and Saudi too has great potential.Current market cap is just a fraction of true NPV and that value gap has to close fairly soon because that first Gold pour is not that far away ( in relative terms ) .

We will see this make huge gains once the placing dust settles,of that i have no doubt and we also have the possibility of a T/O lurking in the background too.

It has been a long wait but it seems Tower are about to get those approvals at last,maybe next week it starts :-)

The last RNS did hint things are moving fast with the Government and ministers now.

Giro,also consider the current situation in IRAN,this is just going to make African oil more and more attractive as safer jurisdictions and safer delivery routes are sought.And also speed up applications and approvals,i think the company have just hinted this in last RNS.

Tower is now looking a very decent opportunity indeed IMO

There is always a chance this will be subject to a T/O before our first Gold pour,but it will not anywhere near the current lowly valuation it will be well north of $1.5Bn in my opinion.

Harry did a piece on interactive a few days ago where he said Kefi revenues will be close to $1Bn a year at current Gold prices,and we then have to look at the current plan for at least ten years production in the Open Pit.Imagine if the same resources are also underground too,that is why this will start attracting some very serious takeover interest IMVHO

Yes Prime Global are an excellent partner and they seem to be favoured by the Government too which obviously bodes well,not only on current situation but also for the future.As i said yesterday that large premium buy yesterday afternoon was not beer money :-)

19-Mar-26 - 14:23:56pm - 0.02662p - 203,000,000 - 54.04k

By the time of first Gold pour i would expect Kefi market cap to be in the $1.5Bn to $2Bn region, that is just two years of revenue at TK if you consider most Gold producers are rated around 10 x earnings we can see how fast this can rise once those revenues and dividends come pouring in.

Doubled my holding this morning :-)

Just been a 45m buy at full ask 0.026p

Leaky leaky ?

Guly, that is exactly right,we also have to remember that the forecast $5Bn revenues from TK is just on the open pit,there is potential underground for that to double and also consider the other 70% of licence area that is un-explored.Then take a look at KONSO which appears to be a multi mineral rare earth play that has enormous potential.And also Saudi :-)

Is it any wonder those institutions wanted some at 1.2p !