RE: Good luck all7 Apr 2022 20:26
KEFI reminds me more and more each day of Solgold when they were trading at 1p ahead of closing their project financing which all their naysayers said would never ever happen..
That had the same loons that suspiciously only ever posted negative comments on just that one share, the only share they apparently owned and loveed so much, that they hated it when the SP started trading higher... lol.
Back in 2015 Solgold always had the quality assets (same as KEFI) in a jurisdiction with a history of civil unrest, despite this being 100km's from the licence area, (same as KEFI.)
SOLG were also trading at 1p at the time well ahead of their project financing closure which all the naysayers said would never ever ever ever happen..
Their shareholders had experienced years of poor SP performance, the BoD were made out by the loons to be incompetant and incapable given the recent SP performance, and the doubters said the solgold BoD wouldn't close out the their project financing.
Of course all of this is now history as they gradually ticked of their milestones (same as KEFI are doing) both in the fieldwork and administration wise (same as KEFI are doing) to complete the closure of their project financing and witnessed their SP rise 4000% to correctly price in their assets in line with projections.
A nice 40 x bagger for those in at 1p range.
From memory, they gapped up from 1p-2p over 100% at the opening bell on one or two of their RNS's pre their project closure announcements and had risen MANY MULTIPLES before the final release of funds.
It was impossible to 'jump in' on the closure of the finance without paying a near 4-500% premium.
Wait on the sidelines and pay 5p+ until after financing completion- (that's likely what a 300m + capital injection will do for a 30m market cap.)
Or actually get some skin in the game.
Each to their own choice I say.
From what I can see the BoD here are now FINALLY after many delays in a position to satisfy all the lenders requirements necessary to deliver KEFI's project financing.
GLTA (geunuine) holders.