Member Info for Qnard

Ok: first right of refusal means this process is absolutly pointless unless ARTAR have refused this right.

Do you think that ARTAR (taken from thier website: ..... While a solid reputation and a vast network of local and global partners support its progress, ARTAR’s investment approach focuses on seizing and nurturing strategic opportunities with a lasting economic value.

My take of what you are saying is ARTAR will screw us over.

1) Do you think Harry is that daft to go through the entire process & state to the market that it will be to KEFIs advantage financially, only for it not to be?

2) ARTAR leaverages a network of local and global partners (as stated) Do you think by screwing us over it would make financial sense to do so given their business model & their need to utilise new partners to make their model work in the future?

That's fine bonkers, but can you tell me why you think they would do that? Interested in your thoughts

Well, true to my word I've bought another 846,240 this morning, I will no doubt be castigated for doing so, however I genuinely believe that this is the year we will turn a corner. Nice to see the judgement go our way, another positive!

Fantasy, I remember that minister. He was corrupt (a matter of record in Eithiopia) and Harry refused to pay him off, are you saying that Harry should have committed an illegal act to get this across the line?

Bonkers, we have had this chat before. You can drag up as many old posts as you want.

I believe in this company, and that this will get over the line. I have set a limit and will continue to take advantage of the low price and buy more shares up to the point. If you don't want to do that, your choice mate. Let's meet up in the pub in a couple of years and see who had the best strategy eh? Oh, and, like I have said before, if I am wrong I will publicly say so on here.

Have a good weekend all.

Q

"If they buy a stock and they think if it goes up it's wonderful, and if it goes down it's bad. "We think just the opposite. When it goes down we love it, because we'll buy more. And if it goes up, it kills us to buy more'' Warren Buffett

Time for me to top up on Monday as I do belive this is not far away from happening.

TCM, I thought, as per a previous post, that you didn't follow your buddy TW anymore?

Mate, you need help...

However, I do agree that people should be very wary of his tips and do a shed load of research before investing in anything he mentions.

At least something we can agree on for a change..

I agree Bonkers, but it's at individuals who post inaccurate information, that is all.

I also agree with your bullets, this is a high risk/reward share, but one I like and within my risk appetite.

I think that Harry has had a tough time but done well in getting this going, but the more I see the more I like which is why I have loaded up more in the last few years allowing me to average down significantly.

Whilst I say he's 'done well', I am not particularly happy with the way he is renumerated, I believe it should be linked to clear deliverables.

Anyhow, I wish you well with any investment you have here. It is taking time, but, I do believe that 2025 will see a transformation, too much is happening for it not to.

Good luck all!

Q

Tbh bonkers I don't give a damn about what you think as to whether I am not emotionally invested or not (not is the answer) , I actually believe that this will happen. Should anyone else choose to believe, I hope that it is after a considerable amount of analysis and not off the back of a poster or tipster. This never has been a get rich quick share. You lot want ridiculous returns tomorrow and bet the house you can't afford to loose and then blame 'fat Harry'. I have always said that this is not a share for widows and orphans and was always going to need more funds. I don't advise anyone to buy, unless they seriously understand the associated risks. Buyer beware, do your own analysis. It's sad that there is so much rubbish posted on here which is factually incorrect. I choose to point it out, and the best you can do is tell me I am moaning at non believers lol. 😂😂 I actively welcome factual analysis either good or bad, it's important for a balanced board and also assists me.

A correction to what you have posted: I have a broad and balanced portfolio, now focusing mainly on dividends (predominantly kings and aristocrats) , and have only 2 of 15 shares which are high risk/reward. I am fortune enough to not have to worry if this does go sideways, but, will do very, very, nicely if it goes well. My average across the SIPP, Isa and dealing accounts is now .6203. I hope that helps you sleep when you worry about me so much being emotionally invested in just one share...

Selfishly I hope it carries on till next Friday so I can have another 1m top up.

TCM, help me please!! I can't resist...

Hi Deedee,

If I recall correctly, the previous Minister of Mines was expecting brown envelopes which did not come his way as Harry stood firm. Makes me laugh at the individuals on here who accuse him off corruption, when there is definitive proof he stood up against it, even though that caused costly delays. Funny how the derampers forget some of the actual facts Has the money come in yet? NO! he stood up against corruption, there was a civil war, there was kidnap and ransom, the banking system had to be reformed to name but 4 challenges he has faced.

Let's face it, the biggest challenge the armchair warriors who condemn him on here, ever have to face, is which selfie makes them look best on insta...

Btw, TCM, I was taking the Michael. So you believe a newspaper who has got the story from 'sources' (mysterious or otherwise), has previously published false, misleading and factually incorrect information in the past is right?

Umm, false, misleading and factually incorrect information, sounds a bit like your posts and analysis I keep picking you up on all the time.

For those who may belive TCM I suggest you read the following which is available on the company website Q&A section: Q. A newspaper in Ethiopia reports that the Oromia Government has sent the company a warning letter. Please explain.

A: The report is wrong and we will publish the following statement:

KEFI Gold and Copper Responds to Misleading Reporting by The Reporter

KEFI Gold and Copper, along with its Ethiopian subsidiaries KEFI Minerals Ethiopia and Tulu Kapi Gold Mines, operates under the highest standards of transparency and regulatory compliance.

We have noted false and misleading information published in The Reporter. We respectfully demand that The Reporter adheres to the same standards of accuracy and accountability expected of responsible journalism.

Specifically, we wish to clarify that the recent capital raise of approximately £10 million from our international shareholders was fully disclosed and detailed in KEFI Gold and Copper’s official regulatory news statements. Contrary to the claims in The Reporter, no member of our group has received any warning letters or notifications from any Government agency on any matter.

KEFI Gold and Copper and its subsidiaries are proud of the constructive relationships we maintain with all members of the community and all levels of the Ethiopian Government. We are at a loss to understand either the basis or the motivation for the claims made in The Reporter’sarticle. We urge The Reporter to issue a correction and ensure accurate reporting in the future.

Posted 08 December 2024

Sorry TCM, more tosh from yourself designed purely to frighten the uninitiated because of your vendetta against Harry over the money you've lost in the past, (my hunch being you threw the kitchen sink in and lost a shed load) and Tom W...

TCM, would you please provide the evidence to back up your last post?

As I am heavily invested here, your post concerns me, therefore if I have missed something as vital as this I would like to know about it.

Many thanks,

Q

Burgeseb, is it me, or does your spelling, vernacular and rhetoric match (very closely) that of anyone else on here who constantly thumps the company?? 🤔🤔

Answers on a postcard...

One should not forget that ARTAR is only an investment holding company ranging from poultry farming to real estate including gold and minerals joint venture. They don't have the technical expertise in any one area, hence Kefi being there. They won't be extracting or building mines, for their 85% or our 15% holdings, they will need someone with the experience and connections to do it so they can profit.

Can I also correct the many individuals in here who talk about a sale. They are conducting a strategic review, from which there will be multiple options part, or all, MAY, consist of a sale. I suspect Harry will pull something interesting out of the bag here, and wait with interest to see what that is. You can all speculate as much as you want, but none of us know at the present time.

As always, dyor and do not rely on the self proclaimed 'Gods' on here (either good or bad) to make an investment decision...

Hi Burgeseb, what I believe is a review is underway and we will find out soon what the conclusion is, and, what that will be worth. I for one don't believe your supposition that it will be worth nothing.

Yes, I believe in Kefi. I did/do my own analysis and it is why I now hold around 10m shares. I have always expected (unlike others) there to be fundraising along the way, that was always going to be the case with this sort of share. I also believe that we are almost there and will see a significant rerate.

Caveat emptor..

Best wishes to all my fellow LTHs in 2025 now we have turned a significant corner

Burgeseb, did you read the following? Have you also read all the other information available?

Saudi Arabia

· The current strategic review of the Company's GMCO joint venture and the future of KEFI's 15% holding, currently focuses principally on:

o the staged development plans for the Jibal Qutman Gold and Hawiah Copper-Gold projects; and

o short-listing potential transaction scenarios being discussed with third parties.

· Potential valuation estimates have previously been published by the Company for the two advanced projects, Jibal Qutman Gold and Hawiah Copper and Gold, including the 2023 pre-feasibility valuation of the Hawiah copper-gold project at approximately US$301 million NPV (8% discount rate) and a post-tax IRR of 75% (see the Company's announcement 'Positive PFS and Associated Studies for Hawiah Copper-Gold Project' released on 28 June 2023).

TCM, you keep stating the bl**dy obvious, absolutely pointless. Anyone who invested here as long ago as I did, who didn't expect dilution, should have put their money into savings bonds. You clearly don't understand the mining cycle getting to production, especially in a frontier location is fraught with difficulties and challenges and is always going to need more money. I have averaged down regularly, and, like I told you the last time, I haven't made a loss other than on paper. Fine by me. Had a sub 0.5 top up the other day as a Christmas present to myself.

Sorry for your loss, unlike you I don't gloat when people loose money. I just wish you would learn to perform more accurate analysis.

Wishing all holders of Kefi, new and old, a fantastic Christmas and a fantastic 2025!

Well, I for one couldn't resist that slump under . 5 so had myself a cheeky little top up. You bought any yet TCM?

Treasure, me old pickle, we can agree to disagree. Potatoes/partartoes. I haven't made an 'actual' loss, if you mean I have made a paper loss fair enough. Let's have a pint in a couple of months when I have either sold at a loss and my IQ can be called into question, or, we can readjust your perception of my intelligence if it comes good.