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There's no way I'm going to sell any, hoping for a lower price later. Someone will snap them up and then you are left trying to get back in on NT when it is almost impossible to buy. We all need to ignore the share price and stop worrying yourself out of your precious holding. Relax and wait.
I am in here for Hawiah and the unimaginable potential which Saudi brings in the Nubian Shield. TK is a side show compared to that and was only started because of the slow progress of exploring Kefi's assets in Saudi. I am waiting for the results of the recent drilling at Hawiah which could dwarf anything at TK.
The 1p party which we were all looking forward to, will now be £2, so there is a long way to go yet but at least UJO is moving towards it. I have been here for what seems decades now and at long last I am feeling a little more optimistic.
Reading the runes and trends with this share it is pretty obvious to me that Harry is a busted flush. With him in place Kefi is ruined and I am surprised that the BoD have not removed him before now. Their own investments are in danger as well as ours. The EG are obviously fed up with him and his empty promises. We are heading for cancellation of the license without doubt unless the BoD take firm action. Kefi ventured into Ethiopia because of the slow progress in Saudi. So do we stay here for the developing mining of gold and copper in SA or just sell up because Tulu Kapi is a lost cause.
Harry's stock with the EG is zero and it is affecting this deal at TK and with it the future of KEFI. The License is in danger and if the BoD don't replace him and put in someone who will have the respect of the EG and Saudis. then the future for KEFI \and us shareholders will be seriously damaged.
For me Dr Who's analysis at 11.39 yesterday is very important. Forget everything else and look at his item 8 about the possibility of KEFI's licenses being revoked in favour of the Chinese, following recent warnings from the EG. Looking at where we are with Harry putting a brave face on his failure, it all adds up to KEFI being sidelined in favour of the Chinese to get this mine up and running without the complications surrounding KEFI's attempt. My conclusion is that there is no future for KEFI in Ethiopia if the Chinese are flavour of the month.
You are only at the mercy of the MMs if you sell. If you have read the company's RNS items last couple of months, you will ignore the unrealistic share price and be patient. There is too much wringing of hands and crying into your milk on this board. Hundreds of emails each day. Just hunker down and wait and you won't be disappointed.
Some weeks ago there was some discussion about companies we all use to buy and sell our shares. I have used selftrade/EQI for years but my account is being forcibly moved to ii and I have no option but to accept. If I am to move my account elsewhere I have to do it by 11th June. Any recommendations of the best company to use with reasonable costs would be appreciated. Thanks
There is no reality surrounding the value of EUA. Its value is what people believe it is worth as the last PGM world play for the future and that is beyond reality. When it comes down to the final stages of this sale of some or all of the assets, countries and consortiums will pay whatever it takes to try to ensure they have control.
We have seemingly come out of the FSP with one preferred bidder. When this is revealed and put out to the shareholders, for confirmation, that will be the touchstone for a bidding war to start. Make no mistake, countries and consortiums round the world cannot allow this opportunity to escape their control. Each will be desperately trying to outbid the other. The result is anyone's guess and the price paid beyond anyone's visual horizon.
One April Fool's Day at grammar school, a master asked a boy to go to the metalwork teacher to as him for a "tappet clearance". The metalwork teacher sent him to another teacher for it and so on round the school until the boy returned to say that no one had one!!
Pessimist....This was explained weeks ago. The BoD need the ability to raise money if necessary to show the market and to ensure any bidder know they are willing to go it alone if the bidders think they might get EUA cheaply.
Absolutely Right Mirasol. Hydrogen is highly explosive in any concentration above 4%. The potential destruction of residential properties and the people within them would be prohibitive using this gas, not to mention large offices etc within cities.
Horse Mouth. You obviously know nothing about Astrology. Had you studied it properly, as Isaac Newton did, you would not disparage it. It is a fascinating study and I can assure you that done properly, although it seems unbelievable, it undoubtedly works.
Sold half my holding here at a loss in this last week, not a disastrous loss but decided there is no point in hanging around for something to turn up when other opportunities are available with a much better chance of overcoming this loss. Like playing chess, sometimes it takes a sacrifice of a piece in order to win. Now in EUA and RMM with decent holdings and feel a lot more positive instead of helping to feed the lifestyle of this BoD.