Member Info for Mafs

This is a monster in the making.

Nearly 100% since 0.7p and yet it hasn't even hit 2p.

Next resistance looks like 1.6pish then all the way to 2p pre finance and then retirement for many after the finance.

This is it. We are so so so close!

Hold for Gold!!

If its a buy then at times the MM's drop the ask to fill the order, or they increase the bid to encourage sells to fill it.

If its a sell, the bid drops to prevent additional sells which would cause a non exchange of shares. So it's better to take the buys first and then put the sell through.

Right here we are seeing a good response either way, and it indicates interest as we proceed

1. Finance package to be "closed" with "very little left to do now" - this package is 12 times the size of our Mcap!!

2. GOLD PRICES in such a strong position means the value of our 1.72mill ounces at TK is worth north of £1BN!!, and if we include extraction costs, paying off bandits, paying the govt a cut, paying Mr "you owe me for the govt contact lists" dude and his pet dog, you're left with more than half a billion.
Then if you break it down via percentages of ownership - it is 10 times our MCAP again with the TK assets alone.

3. Other 2 Gold assets (without their copper, silver and others) takes us to an astonishing figure. Jv with rich Saudi family with huge upside. Once the package is signed, we'll have more than enough to start producing and move comfortably to a mid-cap tier miner on TK but to also conjure a JORC for these 2 other assets. This is an amazing achievement for a junior explorer in Aim!!

4. ZERO DEBT

5. We have warrants at 1.6p exercisable at 2.4p two per share, and this provides even more finance at no dilution

6 - I HAD A BLOODY DREAM WERE ON OUR WAY TO 2P+ - That has to count for something haha

GLA LTH's and all invested. The potential is staggering here AIMHO

And I will confidently say, at 1.2p if you check the charts, we are still very undervalued!

Return here in few months and it'll be over 2p!

GLA

What did you say about market not reacting?!

Look.

GLA genuine holders

" ...the finance WILL close."

That is the decider and the final word.

Topped up ready for June.

If there is a multibagger in the making, after waiting nearly a decade, then it is KEFI!!

GLA

That is one of the strongest signs you can get. When chunky sells are not stopping upward trajectory that's when you know its in a very strong position.

I really shouldn't give advice, but I wouldn't give away my golden shares at 0.9p when the damn placing was at 0.8p!!

Unless 10% is what you're after, then go for it.

Nothing stopping this from 2-2.5p pre covid and pre-finance levels again.

Then a rise based on that.

I ask, what is the worst case scenario if you buy now and the finance fails when SP is at 1.8p?

Worst case you Minus 100%, meaning you get back to your entry lol its a no brainer IMHO!

Bring on the build up gents!
GLA

I think the placing shares have finally gone, and on top of that ISA accounts are open and people buying.

Hold for gold folks!
With the finance deal hopefully on the horizon, it will send this to the sky IMHO!

Great times for investors!
GLA

For those wondering if they've missed the train, believe me it has only just begun!

Anything under a penny is going to turn out exceptional. Just ask the LTH's who bought much above a penny.

Still great prices here!

GLA

Yeah looking great here. Back to the 90's and gradually upwards before the major news - ready for retirement with this.

Some have been waiting 15 odd years - the LTH's who have had faith in the £1bn+ asset in TK alone deserve this.

There isn't a stronger, better multibagger gold company that I can think of at the moment. Not at this stage, not at this price, not with a package worth multiples of their Mcap, not with untapped Saudi assets and a JV with Ethiopian Govt!

What more do people want.

GLA its warming up!

Great to see good buys, we're very undervalued as per every RNS!

Prices are a steal!!!

GLA

Biker tell me about it, I did the same on 2 different boards, not to ramp (still confused about the definition of ramp tbh.. if I state facts is this ramping? Who knows!).

You wouldn't guess how I heard of Kefi's recently development? Yep you guessed it - on another board. Its a vicious circle indeed :)

Cant remember who it is, but I'd like to thank Him/Her since I'm already a few thousand up and we haven't even broken 1p.

GLA

Cerievans... I wonder who that dude was who talked about Kefi on 2 boards?
Not a good practice tut tut tut. But glad you're onboard for a big, rewarding journey.

(Quickly researches how to remove comments in LSE for other boards...)

DVharrison... these prices will certainly be extincted before the package is signed haha

This is great. People have finally realised what a bargain this is. I entered at 0.72 when no one would even look towards kefi.

Hodl this until the assets come to fruition. Not a better AIM stock at the moment IMHO

Gla

Yes it does look like overhang clearing, and people realising this is the investment they were searching for.

There are many options everywhere no doubt, but what better than a JV with the government themselves, finance package around the corner, easily over a billion £ of assets, mining a precious and very stable metal: GOLD, which actually has been increasing in price even through a war!

This is without the ISA's coming in this week!!

The wait is over IMHO. This is a Multibag in the making now.

GLA

KEFI's beneficial interest in gold-equivalent mineral resources has grown from 1.2 million ounces in mid-2020 to 2.1 million ounces at the end of 2021 with growth anticipated for 2022 and subsequent years;

· KEFI's market capitalisation at 0.8 pence per share represents the following:

• US$18/oz-equivalent on JORC resources;

• 7% of NPV (8%) at current metal prices, 13% on Ethiopia alone and 16% on Saudi alone;

• Estimated potential Net Operating Cash Flow (see note 2 below) is £137 million (c. US$185 million) per annum from the combination of all three development projects at their targeted start-up production rates.

· NPV (see note 3 below) for KEFI of its projects has tripled since mid-2020, at 31 December 2021 metal prices and represents 12p per share in issue (6.5 pence per share Ethiopia and 5.3 pence per share Saudi Arabia). All KEFI's projects have resources which remain open and there is a pipeline of nearby additional exploration projects with walk-up drill targets.

Harry Anagnostaras-Adams, Executive Chairman of KEFI, commented:

"During the first quarter of 2022 KEFI has made excellent progress on three now-advanced projects in two now-pro-development countries. This is in stark contrast to our situation only months ago when our priority was simply to preserve the Ethiopian project finance syndicate against security challenges and to prove up sufficient resources in Saudi Arabia to warrant development.

"I believe this recent pivot means that the first quarter of 2022 represents KEFI's watershed quarter and the most important since the IPO in 2006."

GLA

This may sound distasteful but a large part of me wants this RNS and every RNS until the ISA kicks in, to go past quietly!

We ALL know these prices are at the lowest historically in this potentially a multimillion pound company in the making!

People at 2p are screaming NPV of a 4 bagger from there.

Here we are at 0.8p!!

That is a joke for a company with life changing news around the corner, JORC assets worth over a billion in value (1.72mil ounces of gold alone takes it into a billion)

Even 10% of everything we have is multiples of the current Mcap and that is being stupid with the generosity.

Its a multibagger written all over. HAA has failed many times in past, but recent ones have been out of his control, political unrest etc

The time of waiting is over. This is the time to load up. I wish that Sunak dude or whoever is responsible for ISA's increase the limit much higher than 20k!

GLA

Great everything is on track with Tulu Kapi, that will settle nerves.

Cant think of a better place for this year's ISA allowance.

Best of all read this for Al Godeyer:

"Rock chips taken during the mapping phase confirmed mineralisation with grades of up to 7.2g/t gold and 1.8% copper in assays received to date"

This can be a world class mine as stated!

GLA

Precisely PP.

How many companies have we seen that were 'dogs' and 'diluted majorly' and a 'crappy lifestyle company with mates rates' only for them to multibag.

Prem being number 1 for dilution with 20bn shares, failed promises, CEO saying imminent to everything like their Circum liquidity event yet never any news, wasting money on failed projects like MNH (im a holder by the way) and then suddenly a major major re-rate from 0.005 to 0.5p in a blink of an eye. The dog share became life changing for hundreds of folks I know.

Here we have Kefi, its at a major turning point with everything in line from state of emergency being lifted, to MoM requiring regular updates all the way to re-housing local residents and employing a 1000 people.

This is it. The wait is over.

I've done my research, and even a broken clock (is... you know the saying) or even dog share has it's day.

This is Kefi's day and even Harry can't mess this one up any longer.

The MCAP will be in the multiples in coming months.

GLA

PP, its 70mil a year not 7m!

GLA - some nice buys popping in