Member Info for Hubstar

My fellow holders yes it is happening :-) Chairman has also given the biggest hint possible that they will not be doing any more discounted placings via the quote of the $30m offer by local investors ahead of the float on the brand new exchange which will no doubt raise a tidy sum.Amazingly in a short space of time Kefi will look a complete different company with cash literally coming at us left right and centre.Next week i anticipate we will get the new banking terms stamped and a REAL START back to a fair valuation.TK is said to be worth 6p+ to 10.5p per share ,we will not be heading to that level quite yet but we will at least get to halfway before long as the real FOMO begins.

Anyway you look at our situation now it is win win win,and we must give Harry a great deal of credit for putting the effort and patience in to create a real portfolio maker.

Crazytowner,your post at 15.25pm recommended mate,you are on the money IMO

Additional,i also notice in the latest video that the chairman hinted heavily that the "good luck" he mentioned was in relation to high net worth local investors wanting "gold linked investments" as a hedge against local currency at a time when the stock exchange is launching in the country.Joining the dots i think he is saying that Kefi,s ethiopian subsidiary will floated on the exchange and he has investors waiting to invest.Really this could not be better for us as we will soon be awash with cash and have a key position on the local exchange.

We must give the big guy some credit for getting this into an amazing position,yes the timing has some luck about it but Harry has hung in there and made sure we will reap some amazing rewards from this.Nice one H :-)

I have a feeling we will get the new bank agreement signed and sealed early next week,from what i can see it would be a simple matter of a redraft of the legals.Reason i say that is because this new additional money simply puts both banks in parity ( in real terms ). So in my opinion there is no reason why that should take more than a day or two or three.

Exciting times for all Kefi holders at last :-) i would not want to be out of this share with such nearterm and large re-rating very much in focus now.I am adding :-)

Huge buys at 0.60p+ already straight from the off ,might see some real action from the great news of yesterday IMO

The idea of selling off a small part of Tulu Kapi could be good one if it provides our market cap or more in cash,any junior miner that has asset stake of 80% and so near to production could attract a decent premium for such a sale.The obvious benefit would be that Kefi could become self funding all through the key stages of early production years and an end to dilution.It would also mean the dividends would start very early which would attract institutional interest on the longer term basis.I think it is fair to say that Kefi are about to enter an incredible growth phase ,as per todays RNS they are saying during the next 6 weeks this will all be wrapped up and launch proper.

Ethiopia is now attracting big miners,but would they like to spend the next 10 years finding and proving up an asset and spending lots in the process ?? Or could they be looking to partner with or buy out the company in the lead position with decent production forecasts of over £100m PA for 10 years + ?? That is why shareholders here should be starting to feel excited at what might and probably happen.Anything under 1.5p here could soon look like the bargain of the century as this plays out.I am a buyer :-)

An offer of equiv of 5p a share just for TK would not be too bad a deal actually ,would i take it ? yes

I forgot to mention,not only has the second bank come aboard but they have actually upped their cash by a further $50m ,so it begs the question what do they know ??? are they expecting a very nearterm windfall from this ???

Exciting few days and weeks ahead here IMO

The possible T/O here is a genuine outcome IMVHO,and as has been said it will be very soon if it were to happen.Harry has said some stuff that could imply this when he said he has had some interesting offers.

One thing for sure is Kefi is now a real opportunity at its current lowly market cap with over £100M revenues per annum just around the corner.

All the signs are here that Kefi are now very much in business,the current market cap is simply too cheap for an operation that will soon be generating £101m PA revenue for at least ten years. This is a unique are rare opportunity indeed IMVHO

There is a big move brewing here,if anyone here thinks todays news is anything aother than a game changer they should re-read the RNS.It is happening and Kefi will soon be a regional giant ( in relative terms).

Guys they were clearly buys,we will see more pop up IMO ,i think there is a serious and big buyer joining the share register,

They are and were all big buys,i suspect more are taking place and we will make a tasty move when completed.

Giz,these were the buys ,they amount to over £256k, someone likes this news :-)

06-Nov-24 - 09:24:48am - 0.60p - 30,000,000 / 180.00k O

06-Nov-24 - 09:24:48am - 0.60p - 14,225,000 / 85.35k

Gizmohican,did you see the two huge buys earlier ? a 30m buy at 0.60p and a 14m buy also at 0.60p ,i suggest that is why the brakes were applied from the start today.When these large buy orders are finished this will move and move big IMO

This second bank news is the key we been waiting for,it actually means the wheels will now start turning and the project is being fast tracked at the highest levels.Not often you see a junior gold miner in such a position as this and being able to retain a huge 80% project percentage. It is happening and the banks are both now onside,it would not be out the question for Kefi to be bought out by one of the big miners looking for entry into Ethiopia at some point and it will be at many multiples of current market cap.

It is game on :-)

We need to remember one key thing here,kefi have been able to get to this point with 80% of Tulu Kapi still in place and there are some of the worlds biggest miners running the sliderule over Ethiopia .At some point either Kefi will be a serious cash cow providing regular large dividends or it will be bought by a big miner at a huge premium to todays prices.

Also look at the volume - nearly 100m in just first 2 hours :-) it gives a clue that Kefi is preparing for a mighty move IMO

Simms45,i would say Kefi now firmly ticks all the boxes for a genuine and strong chance for that 10 bagger that is becoming rare these days. I am also wondering if those huge 30m and 14.2m buys earlier are just the start of some new corporate buyer entering the register.So glad i have this in my ISA too because it the expected returns are as large as i expect i will be mighty glad not to lose a chunk to the taxman.

TK should value us even on the discounted model at 5p+ ,if we get fair value and gold stays high that could double as Harry has suggested.Very nice time to load some :-)

And followed by a 14.2m buy :-) someone is loading up and being assisted to do so IMO. There could be a tasty uplift coming soon here when these buy orders complete.

Has just been a 30m buy ! crafty mm,s been filling that since open today :-)