Member Info for MrHumble

Distribution into 'About to fly' averaging 37-50 sells : 1 buy, daily

The makers are constantly/daily making it look like it's always about to 'fly'

As the thought engages gerbil wallets, they forget - 'It Never Does' - 'Played'

Forecast : 15-25% dilution and a mine NEV kiss goodbye

Afreximbank eyes Zim mining projects

2024

CONTINENTAL lender Afreximbank is in talks with Zimbabwe's government to explore ways to extend funding for infrastructure and mining projects, the Zimbabwe Independent has learned.

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Fitch Downgrade Afreximbank June 2025

Pass the risk off to KEFI?

Only 2 winner groups. The board and other parties

Hard to disappoint me. Board actions paid me for years lol. Always had faith in reality v RNS's haha

Imo you cant win

Signature failure screws kefi holders. A sign-off is, imo, economic hand -off. Screwed again. But at least the latter may be tradable as a raise will require offloading.

If they get a signature, i assure you, the all singing all dancing RNS might pass the gerbils. But the lack of detail wont bypass anyone else.

Net

NEV -Met Economic Value , of a deal

In exotic finance structures, be lucky if 80% was of 10% net post all the hidden fees, debt service etc etc.

It's why you will get no details bar headlines like '8% interest' - probably 25% in total

NDA n all that crud

I do not know what you expect of the financiers etc, when they can basically scrap KEFI with a plug pull.

Unless you think they are charities for the vulnerable but of course their whole business model is quite the opposite. You will never know the details. They mostly get buried in these instances. A few headline titbits to dump out a raise over a year will do

The seperate sovereign fund has taken direct equity in one of two other companies there so it is not a question of it not being a method. You could argue the structure is trust issues due to KEFI's past, but it's more a case of extracting asset value without exposure to KEFI's market, but passing the risk on to it. Very clever really

None of the parties seem interested in their money being tied up in kefi plc. There is a reason for that structure

-stopping...

Kefi has literally nothing at the negotiation table. If not bend? Well pull the plug, market informed, SP crashes to practically zero - buy it and the licence if want it for nothing

Often seen negotiations drag out like this before until a company had nothing, and then other side pull the plug for just that

Only thing stepping it is region. Doubt they want any risk. KEFI a good vehicle to carry that for an NEV of peanuts id say

Might be different if they had an established mine elsewhere. In cash terms this is last chance saloon - and why they might actually get a sign-off - because the parties can demand anything they desire. And that would be practically everything.

It's mot the boards business. They will have a salary and bonuses for a much longer period if kneel to the boys

Mentioned reserves as if fact., Pay debt off year 1? Funds would have laughed at that one.

They needed the wolf of wall street on that show

they got the sharezy of sesame street

Was a bad idea to say many companies there prior really

Well if paying consultancy road show fees when not desperate for cash, something wrong

Lets run with it for a laugh

KEFI own 80% of the asset and 99% of the risk

80% of what balance post year 1 processed?

Keeps talking about KEFI having 80% ownership. Maybe never be allowed to see details too. NEV % never mentioned. Why?

What a presentation. Was he trying to sell contracts to shorters?

I better go now, just in case gerbilism is as infectious as Covid

GLA