Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Couldn't have put it better myself. As soon as EUA is sold, some of those profits will be coming here to add to my existing holding. KEFI is my largest holding as, like you, long term, i believe this will be worth 10x or more of today's price. Not ramping, that is just my opinion after an awful lot of research.
With 20M shares I would be paying close attention and in doing so i would be aware that senior management have put in more than they have taken out over the life of the company. Hey i get the frustration at Kefi and especially at Harry but your statement is factually incorrect.
Come on positive vibes. Every 10th post is you regurgitating the same stuff. Might actually make me pay for LSE just so i get the filter feature :)
Think you insights are good, just WAAAY too often. Still its a free world so carry on if you feel the urge and cannot resist!
My tip is Kefi minerals. Two large pieces of news inbound this quarter. Size of Saudi assets to be confirmed and expected to be huge and funding. Hugely undervalued MCap at the moment. DYOR :)
I am surprised at the negativity towards this news. Lets assume the board know way more than we do. Surely they would not borrow money to fund short term projects that they knew were going to make a loss. They will only borrow the money at their discretion when they can see the return will be higher than the cost of the loan. Or am i missing something? Happy to be corrected.
Today should be a good day. Managed to top up at 12.6 today. Sale price will be multiples of today's price IMHO. Good luck to all long term holders and happy birthday to the two guys reaching 50 today. What a birthday present!
Agree. I have a large holding here and want success as much as the next person, but the way i understood it was ANS have until the end of the month to come up with the funds. If they don't they will get them from elsewhere, either the government or another investor. I don't recall Harry saying that the funds would be in place this month if ANS fail to deliver but more than happy to be corrected.
Up 55.79% now. Happy days.
Whats the point of this CVM?
Did you come back to gloat on your 50/50 prediction being right or did you come back to de-ramp a stock you have no holding in?
You cant possibly hold a position in a stock feeling the way you do so why visit it's board and post?
I don't understand either reason, but perhaps that's just me.
Thanks Oldi.
Important part of the Q&A:
Q: Can you confirm that you still expect ANS to pay their first installment shortly - when all paperwork completed, not waiting until after the election in September?
A: Yes.
Gold is still in the ground. ANS have the first tranche of funds and it will be deposited soon. As for the rest of the money of course they have to go find it. Most large purchases are funded, smart investors use other peoples money, not their own.
I get harry came across muddled in the recording, but to warrant a sell of off this magnitude really surprises me.
I for one have been topping up. I just don't see the logic in selling when all the fundamentals are still in place and selling now will mean a loss for a lot of people.
Worst case that could realistically happen is Kefi gets sold. Then we have someone new at the helm to take things forward. Not necessarily a bad thing, but for all his foibles Harry does know this industry and i believe he is working as fast as he can given he is dealing with governments. Patience is all that's required for this to multi bag.
Just my two cents worth .