Member Info for NotAmused

Some rather big buys this morning. Is this a show of confidence or averaging down or just the belief that the SP is at a discount to what it was for the last 3 months ?

dvharrison, I have to admit I admire your style , For months singing every praise thinkable for KEFI while holding an average of 67 even when it was falling with obvious ANS issues . The question is what do you see as a fair market cap for KEFI at the moment and what price would you say is a good price to be worth buying back into ?
I have serious reservations with the entire setup with EG ,ANS , scams , offshore companies , £10m, Timelines , Elections, rainy season , Lifestyle CEO with no charisma and obviously no respect for shareholders value. etc

You could just imagine all those ex tin pot regime officials with their new offshore accounts rubbing their greased up palms. until the new Governments mining review in October
hey they could even make an offer of £14m for tulu KEFI a 30% increase to Mondays share price .
Then there is the Protection racket -I mean offshore private Security payments.

And he also stated that KEFI need to raise another £10m for Tulu Kapi.

How about the bit about our partners having to set up offshore companies .
Does anyone know how many extra shares they agree to issue at the GM ?

That was painful to listen to . I’ve had enough can’t listen to him anymore

Dv . You’re unbelievable. The entire project and Share value hangs on the ANS payment . Just stick you’re fingers in your ears and carry on shaking your Pom poms . This is only going down until ANS pays up . It’s only where it is now because HA led us to believe that it should be done and dusted in January then February. I think he’s given up giving out dates since he’s had the last 2 fundraising’s .

A: Not an accurate comment and a bit garbled We have been advised that ANS’ subscription is arranged. Arrangements are proceeding for the closing of the first subscription funds from ANS to TKGM of US$9.5 million (Ethiopian Birr equivalent) in accordance with standard local procedures. As announced, the total ANS commitment is US$38 million with the first US$9.5 million (Ethiopian Birr equivalent) being unconditional and subsequent amounts in accordance with the conditions previously outlined.

Sorry . Forgot to say thank you for posting that valuable article

So basically we have a tin pot of military and ex ministers on a scam who intend to have a raffle in September to raise the dosh . It gets worse every other day .

Mr Big . Wonderful post . Informed and well worded . Thank you .

Well I am truly embarrassed , Just wiped out months of me being a deluded shrewd investor.
I averaged down to around 1.1 late last year then top sliced at 2 bought back in at 1.5 now months later with nothing to show .
I've been too busy with work this week to react to the share price carnage , which is understandable with unreliable ANS , Spreadex and 2 RNS's all playing their part , if I had the chance again I would have sold . I continue to be an unhappy holder and won't use this as an opportunity to buy any more KEFI not until I see something other than measley wording from Harry. Poor show from the KEFI BOD and associates .

I meant Wednesdays drop £150k of shares sold before the Saudi update on Thursday. That was suspect to me .

ANS are a consortium , we are expecting them to stump up £38m for 35% which at £1580 oz is £101m not a 7x or 10x bagger . I suspect they are also haggling amongst themselves over who’s putting in what % and when. We could do with some insight into our partners who I guess would also be buying and selling KEFI stock knowing more about where the money is . why did the sp drop before the RNS ?

I smell a set up for a placing .

No , this RNS doesn’t do it for me .
In fact it feels like something is not right along with that YouTube video .
Where’s my quarterly update ?

Depressed just like the share price . That would be from misguided expectations. we had a timeline of events from the CEO and they've been missed ,
The article below says ANS is an Australian registered company, the situation is still relevant .
Fingersandtoes pasted a quote from a RNS stating ANS were local Ethiopian business men . I am skeptical and hope it's not Aust sind they are a dog.
https://masterinvestor.co.uk/equities/why-im-buying-shanta-and-keeping-an-eye-on-kefi-but-avoiding-hummingbird/

That was the whole point of mvc etc . Seen it many times they set out to disrupt the board turn it into a bag of ****e to prevent serious debate with developments and to put off new investors or others from topping up . Just the lowest of the low . They can carry on for all I care . Now the buy just to sell on the news brigade have gone we can all get down to discussing serious investment strategies .

Evil little person just out to ridicule the share holders for investing in KEFI. dst2012 is correct he'll be gone tomorrow . his post
are purely motivated by greed , projects no personality or respect for anyone .

It’s understandable why ANS have not jumped into signing away £38m at double our market cap for the same 45% or for a projected profit of £120m over 10 years .if I was One of the ANS consortium I would put my dosh into Kefi rather than Tkm .