Member Info for P79u

From Q&A (29/08) Webinar on 24 August 22 - Additional Q&A
"Q: Is KEFI considering listing in Saudi exchange to maximise impact on share
price?
We are gathering Saudi advice so as to understand properly a sector which has only
just been born in the Saudi capital markets. On the face of it, the Saudi capital
markets are very supportive of this sector in their region."
Once the company has gathered the info for listing (can't take that long) and decide to list(?),the impact on the share price should be considerable imho.
Kef has so many cogs turning and as Mr Buffet says "the stock market is a device for transferring money from the impatient to the patient."

,

It's plain to see through the presentations and rns's that Kefi are moving forward on all fronts. The proven resource in both TK and SA is increasing and more licences are being added on regular intervals.
Best to sit on hands and wait for true value to come through which should be multiples of the current ridiculous share price.

Q31 on the Investor Meet Company Kefi Q&A section worth a read.
Part of answer "the resulting valuations are 10-20 times today's share price and take various scenarios for future dilution into account."

From the IMC webinar Q&A .. Q30: You have talked about new large institutions on the register for a while now but there haven’t been any RNSs which suggests nobody is above 3%. Can you give more information on who these institutions are?

A.."We have 6 Uk institutions on the register and it is for them to report their shareholding once they individually exceed 3%. as part of their placing participation, they all hold warrants for future exercise post the signing of definitive agreements."
The significant shareholders in KEFI ..

Hargreaves Lansdown (Nominees) Limited 18.0%
Interactive Investor Services Nominees Limited 11.5%
Pershing Nominees Limited 10.5%
Jim Nominees Limited 8.3%
Vidacos Nominees Limited 5.3%
Hsdl Nominees Limited 5.2%
Barclays Direct Investing Nominees Limited 4.5%
Winchcombe Ventures Limited 3.8%
Lawshare Nominees Limited 3.5%
?Registered holdings per TR-1 disclosures as at 20 May 2022 were:

RAB Capital and related parties 7.1%
Winchcombe Ventures Limited 3.8%
Persons discharging managerial responsibilities shareholding:

Directors, other employees and Persons Discharging Managerial Responsibility (PDMRs) 7.1%
Nothing negative has been announced and the SA licences keep increasing.
Seen these tree shakes many times over the years.
HAA, management, institutions etc are invested heavily in Kefi...
Keep The Faith!

I first posted that Kefi was considering a dual listing (london/Saudi) after listening to a TW bearcast in which TW mentioned that he had been in communication with Harry. Also mentioned during the bearcast was that there were companies listed on the Saudi exchange that had smaller proven Saudi resources than Kefi's and were valued at over a billion dollars.
So now that Kefi have confirmed that a Saudi listing is being considered, what would be a fair valuation if Kefi were to list?
TK is still on track to be signed off and material re-rate is on the cards imho.
dyor

Document link... https://www.kefi-minerals.com/files/files/Webinar_on_24Aug22-Additional-Q%26A.pdf

Responses to additional questions for webinar on 24 August
Responses to additional questions received for KEFI's webinar on 24 August are available in this document.

Posted 29 August 2022

The 30m printed strategically time wise imo and most likely an identical opposite trade will be printed after market close. Could be movement between mm's or holder moving shares for tax purposes?
Certainly put the cat amongst the pigeons, triggering the desired reaction.
Harry's lacklustre presenting skills could make a lottery win seem like a chore...
Mid-tier in the making imho end of..

Listened to the TW bearcast yesterday and TW mentioned that he'd been in communication with Harry. First kefi have cash(no need for placing )and H is very confident that final sign off will be achieved. The part that grabbed my attention was demerging the TK/SA assets had been considered,but far more valuable/ serious consideration is being given to a Kefi dual listing.
Dual listing ie Kefi listed on Saudi exchange as well as London. Also mentioned was that on the Saudi exchange there are companies listed that have proven deposits in Saudi much smaller than Kefi's Saudi proven resource and yet have valuations of over a billion dollars.
A Kefi dual listing would blow the doors of the current derisory valuation imho.
As always dyor.

Investor Webinar

The Company will provide a presentation and live webinar via the Investor Meet Company platform on Wednesday 24 August 2022 at 12.00 midday London time.

Everything is on track as previously stated...
Placing was at 0.8p and now can load up/top at 0.6p...
Should see rise after 24/8 "Investor Meet Presentation"

https://www.kefi-goldandcopper.com/files/presentations/kefi-presentation-for-webinar-on-24aug22.pdf

Few days of mm's/bots playing games and then should see share price rise before the "Investor Meet Company" update on the 24th Aug 2022 at 12:00pm BST.

Where Kefi is now has been years in the making and imho Kefi is a mid-tier in the making AND a long term hold!
Hope ppl don't sell up for a poultry 50,100,200% trade because imho there's 500,1000%+ on the cards as the licences keep coming and plenty of rns's on the cards in the coming months which give the share price a boost each time.
dyor

Feeling more and more confident that Kefi are now finally about to confirm TK progression/start..
Nearly mid August and nothing negative regarding security update has been declared/rns'd..
Final touches to agreement before being rns'd imho
dyor

https://t.co/cQauvzVFA9

Imho opinion if they'd been any probs with the July security report/situation it would have been rns'd by now.
My guess is that the last bits of outstanding doting +crossing of i's &t's are being sorted and a more fuller rns is on it's way.
Today's share price doesn't even touch the sides of the valuation of SA ,let alone TK.

Gold $1,793.30 from six month low of $1,681.52

Part of yesterday's Q+A answer.."KEFI’s share market capitalisation represents about:.. -10% of its projected intrinsic valuation, estimated on the basis of NPV’s as our projects come into development and then production. This ignores upside from exploration of related projects."

The current share price to resource valuation disparity will eventually close/even out imho.
Perfect opportunity to accumulate imho...

Q.. Why does Kef's share price under -perform the market? What is your honest opinion?
A.. Our setbacks have stymied progress in both Saudi Arabia and Ethiopia since applying for a mining licence in both countries in 2015. We need to establish a record of reliable progress, which seems possible now with a steadier and more supportive environment in both countries.

KEFI’s share market capitalisation represents about:

- 33% of the equity it has raised and spent since 2006. It is indeed disappointing but better than the average for grass-roots explorers over the same period; and

- 10% of its projected intrinsic valuation, estimated on the basis of NPV’s as our projects come into development and then production. This ignores upside from exploration of related projects.

Management is focused on delivering the intrinsic value for shareholders which hopefully justifies the patience and support. This indicates the potential and realistic reward as projects are de-risked.

Posted 04 August 2022