Member Info for Ianis

They could be having looking at kefi instead, 4bn for allied or 200m punt on tulu kapi!

It would be an opportune time for the KEFI executives to dip into the market and bag themselves a good amount of shares that's for sure.

A bit like they're trying too hard really ? Could try flat caps next time. 😎

Problem is they've not peaked them, just wrong.

But yes a good day regardless is what we would all like 👍🙂

The hats look silly defo

Considering the money involved!

I've looked at a few pre production THX, GGP, and they do seem to bobble along until production, major milestones like finance sign off drive a re rate, then they can slide lower as investors get bored I guess an move funds elsewhere, but none had the gold price rising at the pace we're seeing currently, which is really going to impact KEFI and the tulu kapi NAV, I'm going to hold as its just going to be easier to watch it appreciate over the next couple of years.

From what I could tell Allied shares were around $40 anyway and the buy out is $44 so I would agree it removes all the upside, kurmuk being bigger than TK. Id not be happy as an investor there. Maybe I've missed something....

I'm invested here and want to see Kefi build a mine!

GLA

The Chancery team were involved with establishing K92 Mining in PNG. As he mentioned it going from 40 cents to 24 dollars share price, and drew parallels with TK and Kefi . Although the stream funding seems expensive, I expect they will be pushing for first pour asap, and will bring additional experience, it probably helps reduce some of the construction risk.

My own preference would be for KEFI to retain their Saudi foothold, forming part of the pipeline of future projects to drive growth as a mid tier miner, once TK is up and running. Saudi is probably the kind of country where the relationships built up so far will count, it's not what you know..... :-)

Also it would be good to hear any plans for further drilling around TK, that could add value during the construction phase.

Of course a 'finance all completely signed off' with a drawdown date RNS is also on the wish list!

I'm following Allied Gold's mine build at Kurmuk out of interest, also in Ethiopia, they seem to be making good progress, with a very similar set up to TK in the design and geography, and due to begin production 2026. This does bolster my confidence that KEFI can repeat, and the Ethiopia is supportive. Once the funding is drawn down and contractors begin i'm hoping the upside will really start to come through.

GLA.

Well thats the trade off, deal is a bit sketchy at the mo, share price has a lot of upside if you are willing to believe, pays yer money and takes year chance. GLA I'm optimistic for kefi in 2026.

Well thats the trade off, deal is a bit sketchy at the mo, share price has a lot of upside if you are willing to believe, pays y

@doze - One point raised in PF's AI post earlier, not the North Sea I agree!

I guess if Kefi end up in a situation where the gold price requires government intervention with windfall taxes etc, the SP will be quite a bit higher than 1.5p.....

Its not much more than a tabloid article, reading their 'report' and a disgrace that they can earn a fortune off the back of it, it's no kind of business, completely cynical. The doosan graphic they included in the report even shows the SOFC growing year on year as part of their revenue over the next few years, but that's glossed over. In my opinion I wouldn't be surprised if a competitor hasn't part funded this, the way it constantly mentions SOFC, but not 'fuel cell' and is favourable to PEM in places, whiffy.

Grizzly having used their team of 'professional' investigators, analysts, and engineers to compile this report, then to preface it with the disclaimer that it is 'opinion' seem almost a contradiction in itself. As Ceres has to compile accurate RNS to put out news, then perhaps counter information put out like this ought to be subject to some kind of oversight.

I'm planning to hold for a couple of years, if it does get over 2p before the end of Dec, that would certainly strengthen my resolve! I am bearing in mind a repeat of the price action when the banks signed off, with a drop following good news, hope not of course but last time was a surprise. I've looked a Thor Explorations as a study for my own interest, early mover in frontier jurisdiction, Africa focus, small cap, developer to operation, low AISC etc, and its gone well for them, thinking it should play out the same for KEFI.

First post. And just chipping in my two pence fwiw!

Really looking forward to results coming from Doosan soon, I bought Ceres on the basis that if Doosan chose to partner and use Ceres tech it must be cutting edge, and I think Doosan are well positioned to execute it well and to be able to manufacture at scale and to good quality/price, while Ceres continues R+D to improve its tech at the same time. Korean built goods imo are generally very good so I'm very optimistic that the Doosan partnership will deliver a positive update and further validation of just how good Ceres tech is compared to others.

A great investment (I hope) in a UK firm able to benefit from being involved in the huge markets of China, SK and India. Great to see how much further Ceres goes in 2026.

Gla

Https://x.com/TemesgenTiru/status/1988915727730933914

Ethiopian government are creating the right environment for investment and growth...

But have seen

Chairman founded Atalya mining years ago, quite something

BCM and Lycopodium being involved looks great, some serious operators there who should have no problem building the mine

Ethiopia looks to be developing well, their new GERD dam is a huge civil engineering achievement in itself, so I think that a new mine should be no problem.

Just a few equity deals to clinch and the kefi team will be on the road to being a producing mining player with more to develop. Plenty of upside to this.

Hi,

First post on the board, hello all.

Just wanted to chip my 2 cents in for wiw. Must admit the rollercoaster ride is a bit uncomfortable, but I h