I have been holding for a couple of years now and was waiting for news surrounding funding. We signed off on the umbrella agreement, which I understand isn't as secure as cash in the bank, but surely is a commitment to fund. Yet the price seems to have remained remarkably low.
Is the next RNS we are waiting for a statement regarding the security of the mine? Or is it to be about the funds actually hitting the account?
If so, are either options imminent? Or are we looking at the end of the year? Or even 2023.
OR... am I just asking how long a piece of string is?
Forgive me if this has been answered before. I have been with KEFI for about 2 years, I have a sizable chunk of shares (for me at least). I was hoping that this share would get some traction after the umbrella agreement. Clearly not. What are we waiting for now? Is it for the agreement to turn to physical cash in bank or is it actually starting to mine? Or is now the next hope for a rise SA?
Forgive me here, as a complete newbie regarding the ins and outs of placing etc. However, if these two large buys are to do with the placing, why were they purchased at 1.615 rather than 1.6.?
First-time poster but have been watching and reading the posts for several months now. I just joined to be able to chuck my two pennies worth in every now and then.
I know very little about Gold mining, but am enjoying the journey so far. Hoping that HAA pulls it out the bag, as I see some of you have been here long enough to be disappointed in the past, I am lucky (or unlucky I suppose on how you look at it) in being invested only since April of this year.