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I certainly hope so KG, would be a nice Christmas present, but still think January more likely now.

It sounds like there is still a lot of work to be done to get this over the line.

Further delays, not quite the timeline Harry had us all believe. Again.

I think if we are all honest we all knew this would happen, just didn't want to believe it. Initial market reaction was to dump the sp into the 1.3's like I thought might happen last week but good to see it recovered some equally as quickly.

I very much doubt this will all be concluded this month/year, January now more likely unless there are further issues, in which case maybe February?

Hold for gold and hope for the best I guess?

But KG, I thought we were in the HOT ZONE?!

The sp is slowly drifting and I doubt very much we'll see an RNS tomorrow so unless there's some FOMO which I also doubt now (anyone who's anyone has already taken their position) it wouldn't surprise me if this was in the 1.3's tomorrow, despite having held up pretty well for the last week or so.

We'll see.

I can't think of any good reason why any of the potential equity investors would want to delay this as doing so could harm the whole project.

Any significant delay could mean the fixed costs agreement expires and has to be re-done and that will take time and money, and the re-worked costs could be much higher.

A delay benefits no one. They will get this done and we will know soon. How soon I have no idea, sorry.

Presumably if Harry had really wanted to retain the 25% then he would have had to raise £10m at the time to pay the costs.

Yet another massive raise at that point wouldn't have done kefi or pi's any good at all so probably between a rock and a hard placing?!

Roll on full finance sign off for TK, and the sooner the better please.

@ dvh - if the next RNS signals a delay - especially a delay that means expiry of the fixed construction costs - then this will drop like a stone, we'll be back to 1p in a blink.

Despite recent events confidence in Harry remains low, any prolonged delay now could be disastrous, certainly for the sp in the short term.

It doesn't bear thinking about.

Is it just me or does it feel like there's a bit of tension building up in the sp today, just waiting to shoot north on the news we are all waiting for?

Can't be long left to wait now, surely?

Today would have been a nice surprise but hopefully we'll see something this week.

Any later than that, well, it wouldn't be Kefi without a delay of some sort.

If it isn't a 'thing' it probably should be.

It's no small wonder that even this late in proceedings the markets and some investors are still nervous of Harry getting this fully over the line as a result of all the "imminent" events, "expected" timelines and unexpected raises, let alone geo-political issues etc. that have happened over many years.

It almost certainly explains why the sp is where it is.

The sigh of relief from all parties when the final piece drops into place and the RNS confirming it arrives should be massive and if there isn't at least a 'sensible' re-rate soon after that we just as well give up, or wait another 2 years for gold production. Not making any price predictions though as that would be pointless, done so before and reality never matched my expectations.

Fingers crossed we have news next week.

Good luck all.

I can't say that isn't a wise move Nigel.

I should probably do the same but really need a BIG result here to save my bacon so can't afford to miss out when (not 'if') this comes good.

Harry's probably a Director or Consultant of that too and taking a hefty fee for his services!

😉

*then? the end!

Too early for this..........

I don't believe anything has been "promised" and technically it isn't then of November until Sunday, we could possibly see an intraday RNS today saying "finance complete" or Monday morning if it's all tied up at the weekend.

Harry's last statement on this was typically a little vague so there is no set-in-concrete timeline here but it will happen, and very soon I think.

I'll only be concerned if nothing happens next week or early the week after and there is no explanation for the delay.

@ dvh - now that's what I call a random comparison!

It's all downhill on calm waters from here on 😉

Quiet here today dvh, must be a slow news day!!

Hold for gold... or 5p at the very least, that'll do for me.

Will it or won't it? We simply don't know.

Plenty - including me - thought it would re-rate on debt sign-off but it didn't, it rose a bit then quickly fell back as we all saw.

The completion of the remaining $100M equity package, in whatever form that takes, will completely de-risk the project financially and at that point they fully launch TK and there'll be no turning back, mine construction and gold production will follow over the coming years.

I can't for the life of me see how any of this can already be priced in to the current sp as once de-risked and fully launched the serious money will want in, the really big investors at that point will want a lot of shares and they will have to pay a premium for them, that's the price of waiting until it's virtually risk-free.

So presumably if the markets want to buy enough shares to fill huge orders at a premium then that will drive the re-rate, surely?

Nothing guaranteed especially with shares and especially Kefi shares on AIM, but very much looking forward to see this head north soon.

Fingers crossed.

@ Caterham7 - solid post, experience speaks volumes.

It will be what it will be, and looking more likely it will be good. Very good.

ps. couldn't get on here for ages, some issue with Cloudflare?

Not quite, just a few details to go, but so bloody close we can almost smell the gold!

Should hopefully see some good sp action over the next 2 weeks upto the "it's all done" RNS, then it's a waiting game while they build the mine and get to production.

Come on Rob, keep up 😉

You would certainly hope so. Monday morning could be interesting.