Member Info for panda1

It's only just back to the 5p IPO price but the fundamentals have improved significantly since then and there hasn't been much dilution. As others have pointed out there is a very low free float so now there is buying pressure the share price could go a lot higher if shareholders sit back and enjoy the re-rate and don't give their shares to the market makers.

I thought significant cost savings had been promised but there doesn't seem to be any evidence of that in the accounts.
I also note that directors fees have increased despite the awful sales performance.

I was expecting a juicy RNS to try to arrest the plunging share price but all they could muster was a non-material RNS Reach

Positives outweigh the negatives IMO. Stellar drilling results will have a very positive impact on mine life and NPV. Virtually debt free now. Higher costs in quarter due to factors beyond company's control (weather & coup) but impact is only short term and will be lower going forward. Good progress being made on other projects. Share price is very low considering the assets and potential

Market makers are clearly working a large buy order

Virtually all professionally written research reports on AIM companies are sponsored by the company. It doesn't mean the information isn't valid or should be dismissed. Analysts working for banks and stockbrokers tend to only cover large companies.
There's some great info in the report and data analysis that compares Kefi to its peers.

Not sure if this has been posted yet but it's definitely worth a read. It's written by a former top-rated metals and mining analyst in Asia with Macquarie, Credit Suisse and HSBC

https://www.kefi-minerals.com/files/files/Orior-Capital-KEFI-Pole-Position-22Oct20_opt.pdf

I think quite a few of us are now eyeing the 5p IPO level.
the company has made huge progress since then whilst striving to keep dilution to a minimum

It would be very positive if Centamin are investing in Tulu Kapi.
I also thought this quote from the RNS was very interesting and not something I'd read before:
"The Ministry has reserved for KEFI its exploration rights to over 1,000 square kilometres of the surrounding land for exploration and we are confident that in due course we will significantly boost reserves from satellite deposits and further expand the mine life beyond the term of the current economic model. We see Tulu Kapi as a mining district and not just one or two mines."

https://stockhead.com.au/resources/chesser-resources-gold-discovery/
Interesting article about Chesser Resources that are drilling adjacent to ORR's Senala licence, and only 10km away from the Fare target which is currently being drilled by ORR's JV partner iamgold. Chesser Resources has market cap of A$107 based on this asset alone. If iamgold's drilling results are positive it should have a big impact on ORR's share price. Previous drilling at Fare has yielded very positive results.

The recent price action doesn't suggest to me there was a large sell being worked in the background.
Let's see if we get a TR1

So the large rise seems to have been a result of 1.25 million shares being purchased.
Does anyone have any knowledge what will happen to the over 4 million shares that are held by the liquidators of Jub Capital? Presumably they will need to be sold at some point soon.

I'm really pleased with the recent increase in the share price as I was a bit nervous about Jub Capital's holding of over 3%.
Jub was recently put into liquidation due to a large short position on EUA so I assume at some point the liquidator will have to sell the 3% holding in MKA.

Where are you getting your figures from?
Cash was around £5m at the end of June and the market cap is now £13m

I'm still being quoted 10p to buy

Just the start of a strong re-rate. Advanced Rare Earth projects are very much in demand.
I think we may have some buying from China

10p to buy now

It looks like the market makers are working a large buy order

Why would someone sell at 7.66p when the ask is 9p?

I'm being quoted 9p to buy. Market makers clearly don't have any stock