TW 5 free tips29 May 2026 18:18
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Kefi Gold & Copper – Tulu Kapi project and adviser updates, upgraded stance with new targets from HotStockRockets...
Kefi Gold & Copper – Tulu Kapi project and adviser updates, upgraded stance with new targets from HotStockRockets...
Shares to more than double into a main market move?...
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Five Free Share Tips
May 29th, 2026
TODAY’S FREE SHARE TIP
Tom Winnifrith Bearcast No 1 HERE: the sacking of BP chairman Albert Manifold
Kefi Gold & Copper (KEFI) states that it “is pleased to announce the appointment of Stifel Nicolaus Europe Limited as financial adviser and joint broker to the company and to provide a Tulu Kapi development update”. This following is why this is good news.
Clean Power Hydrogen – £60 million quid probably up in smoke on the AIM casino as shares suspended writes Tom Winnifrith HERE
Stifel has been appointed as joint broker and sponsor for the company’s planned move to the Main Market of the London Stock Exchange. That’s good news as Stifel is an obvious upgrade on the existing ‘gruesome twosome’ adviser and broker combination of SP Angel (AIM nominated adviser) and Tavira Financial (broker). A main market move should also increase interest in the shares considering - unsurprisingly, considering the presence of the likes of SP Angel and Tavira in its system - the widespread investment view of the AIM casino.
Read HERE: Medpal AI heavy losses in first interim results: another Drummond Brothers special
With engineering work progression, procurement of long-lead items, community resettlement programme underway, grid power linkup underway and heavy equipment access roads under construction, it is emphasised “all onsite and offsite project workstreams are tracking on or ahead of the Tulu Kapi development schedule, targeting commissioning from late 2027 for full production mid-2028” and then also “it has replaced US$15 million of short-term working capital funding with US$15 million of long-term subsidiary level equity ranking capital without any impact on Tulu Kapi project economics”. Those economics - including “at US$3,000-5,000/oz gold, average EBITDA in the first three production years is estimated at £264-520 million” - compare to a market cap, even with the shares currently up a few percent on this latest to 1.175p, of £162 million.
Read HERE: SkinBioTherapeutics: 2 more things…
Kefi is fully funded, we hope for management improvements within 12 months and, with also the gold price already above $4,500 with what looks a favourable macro outlook for it, we consider these shares could easily more than double into a main market move “expected to occur in 2027”. Our target on a 12 month view is now 3p. Longer-term we think 6p possible especially if there is, as we expect, more news on the commercialisation of its Saudi asset interests. As such, a writer here holds shares and our stance is Buy.
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