Member Info for SB_1964

In my world directors do not get rewarded for going backwards at pace, against the primary metric for measuring their competency..

When talking about ‘the board’ let’s be clear on what their unambiguous priority is, as custodians of a “for profit” business:

DRIVE SHAREHOLDER VALUE

This has dropped 50% in a hurry and since all the supposed good news dropped… I don’t see bonuses being earned or due & payable until these verbal diarrhoea chancers deliver on said shareholder value.

“.. getting through the overhang slowly” is our Achilles heel

I have mates here in Australia invested in similar stage/quantum developments and they have gone from 12c to 85c in the past year.

We are on AIM and have accumulated a very sickening amount of confetti

So… we have to pray to our respective gods that dilution is behind us, don’t we Harry.. and we have to hope that we get onto the main markets - the rest will look after itself (barring another war, Ebola etc)

This should be WAY higher that a paltry penny and a bit.. it’s a victim of it’s journey and strategy thus far

I hope that we finally see some real value here, as we start to shake off the snake oil salesmen and find some long term gravitas and spine.

GLA

That’s a hugely reassuring RNS… lots of good stuff in the mix..

It’s going to be a very interesting and positive journey over the next 18 months or so

I think we need an update from the company.. no news is not good news

If Harry makes 30x the amount I do here, and it’s an obscene amount… strangely enough I’m very okay with that 😉

Just as I have always thought Simms45

Good observations (accurate) and we are now de-risking in spades..

Yes, this will be a big takeover target if we remain at crazy cheap status … however I do think the news coming down the pipe these next few weeks will take the edge of this imbalance somewhat..

Still.. at something like 9pps there would be stakeholder ears up….

We shall see and GL to those who have held out and not succumbed to the chump noise

They are wasting breath and time..

More interestingly, I’m looking forward to understanding who our new institutional investors are.. that should be imminent I guess?

A Walter Mitie telling it how it (likely) is… a turn up for the books, no less 😉

I think 7p on the cusp of production would be fair.. I think we then go up considerably on real cash being earned and flowing..

This is a get rich scheme - nobody said ‘quickly’

“Unconditional” is the word MF2017 .. and all things are just about to be

GM in Sydney tomorrow… Approvals trigger equity funds into play and we are away….. I’m anticipating a very progressive week ahead

GLA LTH’s

Simms

This is the first time in 10 years that I don’t see the share price going backwards again… we are done with that now in my view.. now we roll.

Agreed MO.. I’m down under and the timings didn’t work for me, so just caught up on the presentation.

Harry is a sleeves up guy with an erudite streak. He is also bloody brilliant at what he does frankly..

He is all over this and you know it’s going to happen.

I also liked his humility in closing, when he recognised the pain us LTH’s have experienced and suggested we pause for a second and look where we’ve come from… that’s quite a view in and of itself.

Next week or so the votes go our way and the equity starts to flow, which in turn satisfies the debt conditionality

It’s a great time to be a Kefi shareholder …

GLA 👍

Well said Catbert..

Same thoughts across my family dinner table

Hi Fantasy.. I hope you are well

The placing took me by surprise, as I wrongly thought that we were done in that department 🤔

My overarching sense however is that this was orchestrated by some of our biggest shareholders, who seek value here just as much as the rest of us.. so I’m content to sit patiently for that value to emanate over the next few years.

The assets are undeniable and the mine/s will be built.

I do also sense this may get acquired along the way.

I’m not seeking the silly returns some people suggest, and believe that this will realistically be a 7/8 bagger within the next few years… that will do me, plus the inevitable dividends that will flow.

This has tested my/our patience in spades over the last decade.. two more years, with all the uncertainty now in the rear view mirror (geopolitics aside) is not remotely insurmountable to me….

Good luck to you.

That’s a very erudite post STN.. don’t disagree with any of that mate

Agreed you beauty (!).., my understanding is there are multiple potential providers for the final equity piece and time is being taken to craft and agree the least bad option…

That makes total sense to me… the only rush here is from the short term traders who won’t be here when the real price ascendancy kicks in anyway…

In the spirit of “do it once, do it right” I am totally at peace with the timescale here…

GLA

Cutandpolished61

One of the most articulate and well structured posts I have read on this bb for a long time. Thanks

I’ve just watched the latest Kitco interview of Eric Sprott by Jeremy Szafron - this does tell you all you need to know about the market we are in, and the potential revaluations of businesses just like ours, sometimes in a short timeframe..

A 20x for Kefi over the next 20 months is on the cards. It has to be… and if that is not quite attained, it won’t be that short

A cheap M&A deal at something derisory like 10p should absolutely be resisted … this will go MUCH higher

One more total idiot for the green treatment.. must be something to do with the moon?

Should be a positive week ahead for Kefi, and possibly from the get go re: news awaited

GLA