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Starting to get perky again on L2, i wonder if we will see some more huge delayed buys like yesterday

Still the good sized buys landing and volume at 266m now,a chance this will tick up before the close

47m Buy delayed from 12.48pm today....there could be more to come IMO

Finance news pending ??? finally

You will see another 23m buys delayed pop up later near full ask :-)

Xhita,yes i see Jeff Rayner being re-appointed is connected with the Saudi sale because he is very well connected and knows all the big players in that region,Kefi have also hinted themselves they are seeking to get value from the Saudi assets with the inclusion back onto the balance sheet ( if a sale was fourthcoming it would have to be on the balance sheet beforehand or there would be excess taxes due on a sale ) It all points to one thing IMVHO.

I think Kefi focus now is Ethiopia,so possible we are getting awarded more high quality blocks,we can see by our award of KONSO that we have preferred status in the country.

Interesting times ( and GOLD now also on a renewed bull run )

RmC,since you made your last comment there has been another 60m of buys ( volume now over 200m ) , i sense that long awaited finance news is coming

Actually it is more likely that Kefi have seen whats going on in Saudi and the nearterm resource boom that is coming and are looking to cash out the assets at a hefty premium.I think Kefi see better opportunities elsewhere and where they can be majority ownership.Saudi could bring in well over $100m with a direct sale IMO

Look at the buys flying in now,, something is brewing on the newswires in my opinion,we know that finance news is way overdue ( join the dots )

East, i think this is from the placing not warrants and looking at my algo,s i would say the placing is just about clear...nice uptick coming IMVHO

That could be the overhang gone now IMO

Simms,you make a great point about the discount on offer here,and in terms of Saudi i honestly believe one of the real mining big boys wants to come in to JV with Artar and have expressed an interest in Kefi share of the assets as part of the deal.Just my own thoughts but i have been watching whats going on in the country and think the mining sector is about to take off bigtime.Hawiah is a clear Tier One asset so will be in demand.

It appears the overhang is about to finally clear here - just in time for the finance news :-)

First signs on L2 that we might start a breakout from the 1.3p ranges and Gold price also looking like another bull run about to start.

Saudi mining sector is hotting up,our assets there are top class and will easily attract a buyer IMO

The Saudi Arabian mining sector has experienced significant developments in early 2026, marked by a massive surge in investment, major new discoveries, and a strategic shift toward domestic development. Mining investments reached $11.7 billion (SR44 billion) in 2025, with mining exploitation licenses jumping by 220% . The sector is aimed at contributing SAR 97 billion ($25.8 billion) to GDP by 2030, with a long-term goal of unlocking $2.5 trillion in untapped mineral resources.New gold and copper discoveries in the western Arabian Shield have boosted potential, with mining operations expanding.

The Kingdom has opened up thousands of square kilometers for tender in 2026 to encourage exploration,Saudi Arabia is actively strengthening ties with the US and other countries, focusing on critical minerals, supply chains, and technology transfers. State-owned mining company Maaden discovered 7.8 million ounces of new gold reserves, significantly increasing the resource capacity of the Mansourah Massarah gold mine and three other sites.

These options are at a significant premium to current prices but still at a level where the directors will multi-bag.

I also think the latest re-appointment of Jeff Rayner and the Saudi review points to a sale of the Saudi assets,these assets currently have zero valuation

on the balance sheet but could be worth well north of $100m under a "fair value " evaluation.After reading recent reports on the wider Saudi mining sector it does appear things are hotting up in terms of mergers and aquisitions as the big miners move in.

I think Kefi are looking to sell Saudi assets but retain a Royalty,it would be a smart move that could bring cash into the coffers near to the value of the current market cap but still give us some income in future that is totally de-risked.

Kefi is fast becoming a very tasty investment IMVHO

Closed at 1.41p with a very strong bid ,i expect another strong day tomorrow once the news is digested by wider audience,in my opinion the Saudi assets could be sold for a price around our current market cap ( give or take 10% ) Hawiah is a huge Tier one asset with multiple resources and a number of the worlds largest miners are seeking easy entry into the country.

Worth remembering that currently the whole of our saudi assets have no value on our balance sheet,so if they were to be sold it would be standard accounting practice to seek independent valuation ( otherwise the company would be taxed on whole amount received ).

Kefi is certainly turning into a very very decent proposition now for investors and actually compelling IMO

Both Barrick and Vale are desperate for Saudi assets and the Saudi wealth fund has a 10% stake in Vale ...join the dots with those rumours of around 9 months ago...it could happen IMVHO

Getting very perky on L2 now so expect a lively close and open tomorrow,the news is now starting to be seen wider

There is a chance we are back to 1.5p tomorrow and test the 1.7p to 1.85p ranges next week

All imvho