RE: Q&A11 Apr 2022 21:48
Thanks tintin
Much appreciated for posting this up.
It's been mentioned that buying KEFI right now at the present Share price is the equivalent of acquiring the 60m+ ratified equity spent (already input into TK) for a 50% discount.
That's the reality and that's why the latest research note has the valuation (as is) at 4.8p, rising to 12.9p (not taking into account any further resource increases)
At 35m market cap, we are STILL valued way below the 60m+ already imputed into TK.
But even at 2.4p+ this still does not correctly reflect the value of the multi million oz Saudi assets and the JV with one of the wealthiest families in the region ( only behind his royal highness the crown prince who heads up the Saudi state sovereign investment fund) outside of them we are the next Major Gold company going into production in the near term and for anyone who hasn't yet taken a look at the maps of our licence areas and the string of open pit zones across the region, we are only just scratching the surface with the first couple of million oz over there.
I know folk like to buy our near neighbours Centamin (CEY) for their dividend as a 'steady' duvident play on gold.
CEY had already 25 x bagged since they listed, and their growth investors will have moved on as that business cycles into its mature phase and they sit around 1billion market cap.
KEFI is just at the foothills of its major growth phase as the present SP provides the opportunity to get in at the ground floor ahead of our development and rapid growth phase and with an estimated dividend of 0.9p per share once up into production this is an incredible opportunity to see a life changing returns on capital deployed.
As mentioned in the presentation, if you are just here for a quick 20% move on.
However, if you are here for a genuine 10 x 20 x 30 x multibagger opportunity, it's time to start scaling in.
GLA.
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