My two shares worth. -Riyadh Rumors13 Dec 2024 09:15
Gents,
I appreciate the valuable exchanges and the constructive tone on this bulletin board lately - seeing different investors thinking —thanks, gents.
Regarding the rumor about Harry from KEFI being in Riyadh and potential deals, here’s what I’ve found:
1. I checked major Saudi news outlets (e.g., Al Arabiya, SPA, Al Riyadh, Okaz) and government/mining platforms but found no concrete information about Harry’s presence or KEFI updates.
2. Saudi news is currently dominated by 2034 World Cup celebrations and the Middle Beast festival (Eminem, Muse, etc.), so even if KEFI signed something, it would likely be low-profile news.
My take: If we don’t hear anything by Wednesday next week, it’s safe to assume nothing major is happening this year. Christmas and New Year’s celebrations will likely prevent significant developments, and with the AGM on January 2nd, I don’t expect news until mid-January.
My plan as an investor is to take this opportunity to top up while prices remain low, as even a small rise could yield decent returns. Just my thoughts—happy to hear yours.
Cheers,