Member Info for KentRed

Mac. 23 Years trading.

Yes a multiple of EBITDA is the standard way in my industry.

Oh Dealer55 that made me laugh. So your logic is that because i don't post much i must not know what im talking about and i must be negative about the stock! I have been in for over two years and probably own more shares than you could dream of. If we get back down to 26p i'll be buying another 100k worth. I am far from negative and have a substantial holding here that i keep increasing. See this as a win/win we sell we make money, we mine we make money. No i don't post much but i read the board everyday and only pipe in with something useful to say. Read my older posts you wont see anything negative. So thanks for the unnecessary comment Dealer55 but you were wrong on this one.

The offer was done right at the beginning. No point both parties incurring excessive costs if they were miles apart on valuations. Once the offer was agreed the ball started rolling. Yes they tried twice to change it. On both occasions i told them to go take a short walk off Tilly's plank.

I have just sold my company and been through the Due Diligence process. It took 4 months and the company was nowhere near the size of EUA. I feel we may have some time to wait still, before there's any bids that will be made public. Based on going through the process and what's involved we might be at the halfway point. What i did learn was the bigger the lawyers the more thorough they are. Expect both parties lawyers to be going through everything in miniscule detail.

"Still candi or brandi or whatever other intellectual you associate with probably thinks you are "totes mazin"

Almost spat my drink out that made me laugh so much. Thanks for brightening my day!

Don't think Kefi will be on the list. They are not producing at the moment so won't have fallen foul of the of the listed rules that have apparently been broken. That and the fact that the guy that made the decision is heavily involved in Kefi makes me thing they won't be on the list.

Hi Ian. Could you please put me down for tomorrow. For no other reason than it's the 1 year anniversary of my first purchase of EUA shares. Thanks in advance.

£0.70-£0.80 i suspect the final sale price to be in this range.

Personally hoping for £1.25+ but don't think it will go that high (but i have everything crossed).

Had a little top up at 1.71. Would have bought more if i'd had spare funds.

IMHO This is going to bag..... just need patience.

Nice find Panda1.

That was a great read and sums things up nicely. Urge anyone sitting on the fence with Kefi to give it a read.

Leeroy. Forget the stock price and don't worry about if funding comes in Oct or later. If it misses Oct i don't mind as it will come sooner or later. Buy and hold tight. If and when the funding comes and this mine goes into production i expect annual dividends of around todays stock price. That's a bagger each and every year for doing nothing but holding. That's the long game and everything else is just icing on the cake.

All this info is there if you read the RNS's, watch videos etc.

Forget "Sober October". If the stock price keeps climbing like this im going to start a new campaign "On a bender till December".

This was the bit that caught my eye:

" As an illustration, the scenario of adding an additional 20Mt at the average grade of the Camp Lode below the 1070m RL elevation is estimated to increase the estimated after-tax NPV from $96 million to $362 million "

That's a huge difference if they double the resource as predicted. Can't wait for further results.

This excerpt is taken from the RNS put out on the 8th of this month, only 6 days ago.

"The Consortium's presentation to the PPIB forms part of its LOI application and is considered by the Board of Oracle as one of the final steps in the award of the LOI. Further updates in respect of the timing, and next steps required, with regard to the issuance of the LOI will be made in due course as and when appropriate."

Why were people expecting the LOI to be issued when the recent RNS states the meeting ois one of the steps and further updates regarding timing will be forthcoming.

Personally i don't think the RNS could have been clearer and i cant understand why people expected the LOI following the meeting.

Read the RNS's for the stock your invested in peeps. Stops some of that unfounded dissapointment.

Exactly. The RNS clearly states there are a few final items after the meeting before the LOI is issued.

Meeting date set for 11/09/202 to present plans for power block.

Should see some upwards price movement as meeting draws closer.

10B in the pot for a joint purchase...... if only!!

Personally don't think September is going to be that exciting on the news front as i expect financing in October as alluded to by HA. Might see a hike in share price as people jostle for a position ahead of the news. If the financing lands i expect a significant increase as broader market understands what Kefi has and with funding in place. Then ups and downs over the 18 months until first pour. If you have the stomach for it i see great returns here if held for the next two years.

I bailed this morning after holding 3M shares for two years, so as you asked why here is my reasoning:

I can't understand why we are the only project not making progress.

Lack of decent comms from NM means there's nothing to report. The silence is deafening.

The sideways move to do "other projects" dilutes focus.

I have no doubt this will happen eventually but there are better places for my money right now in my opinion. Will i buy back in. Yes and in the not too distant future. It's not panic selling just feel that the money can be put to better use in the short term. Could be proved wrong and a great RNS land in the next hour. It's all a gamble :)