RE: 2026 and beyond22 Jan 2026 09:06
You lot are well over optimistic for your SP predictions right now. I would suggest that the finance close is all but complete now and that's priced in. 5p 20p etc.. is for two years down the line (And you've still got execution risk to account) , most AIM investors will not have money tied up that long waiting, they will start to come in much closer to the time.
Also the SP was bouncing below 1p, closer .5p for ages and ages so so many will be holding significant profit that they will be taking.
Then you have the placing overhang.
But more importantly than that, you need to look at the market cap of existing miners who are profitable for years with two or three ongoing operations that are have only 2-3 times higher market caps than kefi right now. You all talk about NAV of multiple times higher than the SP is now but all these producing miners also have much higher NAVS as well.