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Harry has already stated that Kefi barely needs to lift a finger regarding SA(ever expanding) since the money is in the country. SA alone must be worth near x8,x9 the current share price?
TK(ever expanding with satellite deposits) is moving forward and it alone is said to be worth similar to SA in value?
Imho ppl will look back in the future at this rare opportunity to make serious money.
gla dyor
Mafs "Im going all in on this one", so are all those who bought into the 0.8p placing recently.
They probably did all their due diligence and were happy before buying in.
Listening to the link i posted earlier today i recall that Kefi]s financial gain is disproportionately higher to the rise in the gold price. Thus if the gold price ever got to $2500/$3000 per oz, kefi ]s income would be stratospheric imho
dyor
Worth a listen between 16m-18.05m.. Doc Holliday on Gold+Copper
https://youtu.be/waxOzEb4Y2I
So "cherryburn " you've been caught out lying!
Hopefully you will fade away out of shame and NEVER post again on this board.
Would presume that you have several other names you post under?
Pure "s### undermining other ppl's investments.
From 12/07/22 rns " Positive progress has been made in discussions with the Deputy Minister for Mineral Resources relating to the Jibal Qutman Project - anticipated resolution in the current quarter"
So JQ resolution should see share price tick up in the coming days...
Kefi are too busy sorting out the TK +SA projects to be considering consolidations etc.
MCAP is what counts and at this moment in time it's at a derisory level as yesterday's Q&A update emphasized.."The NPV of KEFI's projects today is c. £300 milion or US$360 million, implying a fully de-risked valuation in due course of 10 times today’s market cap"
There's BIG money invested in Kefi
From Kefi Website..
Capital Structure
?As at 20 May 2022, KEFI Gold and Copper had on issue:
Ordinary Shares 3,939,119,050
Shareholder Warrants exercise price of 1.6p 893,096,865
Options and warrants with exercise prices of 0.65p to 10.2p 243,469,493
The Company's full Share Option Plan 2014 is available here.
The significant shareholders in KEFI were:
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%
Q&A Today.. KEFI's Board’s view on value creation?
Q: Please explain the Board’s view on value creation. Having launched the company 17 years ago, when does it think shareholders’ will see a return?
A: We will offer some brief coments to what is a profoundly important question:
- KEFI has raised c. £70 million since its IPO. At today’s exchange rates that is c. US$80 million.
- KEFI's market capitalisation today is c. £30 million or US$35 million. So the stock market currently says the company is worth half of what has been spent.
- The NPV of KEFI's projects today is c. £300 milion or US$360 million, implying a fully de-risked valuation in due course of 10 times today’s market cap or 4.5 times how much has been spent. That ignores exploration upside.
- We focus on the underlying business value creation and its de-risking.
Posted 18 July 2022
Excellent Update https://www.proactiveinvestors.co.uk/companies/news/987580/kefi-gold-and-copper-says-we-will-have-two-projects-up-and-running-by-2024-987580.html