Member Info for SB_1964

Forrest

6 months ago our esteemed Exec Chairman advised that we narrowly missed getting this deal over the line by Dec 31 ‘22 and that the signing of final, definitive agreements was now imminent ..

We are now over 26 weeks down the line from this statement and have STILL not signed these documents - I have never known a deal to stay pregnant for this length of time… ever

I am not positive or negative, and will be jumping for joy when this finally gets done..

I am however appalled by the management of expectations over a very protracted timeframe here, and continue to scratch my head in wonder at how HAA fails to deliver on ANY timescale given, time after time after time….

there was a saturday morning a while back (2008) in the us (as the gfc became a ‘clear and present danger) when banks started to fail, when the senior people in the finance sector (jamie dimon etc) were brought into the treasury by hank paulson (ex goldman) for an “out of time” conversation..

lehman bros went to the wall the day before from memory

they had that morning to save the us banking industry and ‘cut to the chase’ about who would acquire/absorb what, and come out fighting on monday morning - they did just that

that is leadership and a true appreciation/understanding of what is capable when you simply don’t have the luxury of time

had there been more time, the scenario would have been more akin to what we are experiencing now with this shower of amateur ****….

take away the luxury of time and meaningful things happen quickly - a lesson badly needed here in kefi time, where chumps are procrastinating eternally and incessantly

sometimes you need to invoke the code of jfdi and get **** done

Thank you C7.. I’ll try to stick to that!

There are a LOT of people very deserving of an unconditional deal announcement RNS with funds flow inbound in the back of it… That will be one heck of a day for the SP

GLA

Up 17% in 5 days as a sustained trend

I’m latterly not the biggest fan here, albeit I am very heavily invested (for me) - it’s been emotional

I have no agenda on this board and do tend to ‘speak as I see’ … overly on occasion and NOT a fan of the waffling, over-promising Greek Spacehopper

Maybe, just maybe we’re about to countdown to lift off now …

GLA

wet season, dry season… the chairman said..

i have heard this****** every bloody year.. any decent business would have given this utterly useless chairman a short fused **** rocket back to the cheap seats he needs to sit in..

can we please have less fackin talk harry and some locked in, nailed on results…

Simms

I love your posts, mostly

I have been in & around credit committees since 1983 and have a very considerable understanding of how long (even the most challenging) submissions take to agree, or not

As a process It’s essentially a board ratifying information provided via valuation & due diligence (financial and asset/operational) delivered via an Underwriting Dept with associated recommendations - the board will have been privy to all milestone achievements through the above process

There are Conditions Precedent (CP’s) apparently satisfied a month or so ago in the case of Kefi.. and Conditions Subsequent (CS’s) which will be geared to covenants in the legals post sign off etc.. if breached the senior lenders have cause to exit

You KEEP (out of the best, albeit very ignorant) intentions, week after month stating “credit sign off soon” although you clearly have zero understanding of this process…

In reality - it’s taken FAR TOO LONG .. and that’s very bloody odd

Danners.. be kind - everyone arrives to ‘now’ differently

It’s irresistibly east to tell people you’ll never get to meet, on different continents to ‘ef off’ and sound all tough and robust

React less - think more (possibly)

Anyway, good luck with your investment

.. and I’d take 4p

If only you knew…. 20,450,000 shares at an average of 1.6p (mostly purchased in 2016/17)

I have every right to be fed up ..

Never in human history has a man promised so much, talked it up so much.. yet delivered so very little

I would welcome a well priced trade buy for Kefi, because I’d get cashed up and never have to listen to the droning jam tomorrow idiot ever again..

In the words of the late David Bowie;

“Sometimes I feel the need to move on…”

Moving on from HAA would be a day for Champagne

Ajs

This was always going to be a massive lawyer-fest, with so many parties to the deal across Gov, Equity & Debt providers

You would hope that the senior lender lawyers are actually leading this, otherwise it will be an expensive and very protracted bun fight

It’s getting to a point where, even with all of the above accepted, there should be closure in the cross hairs … because it has been absolutely bloody ages in deal terms

It’s also totally useless for the other 86,398 seconds of the day..

We seriously need some proper progress being delivered here - I’m totally staggered that the banks are STILL thinking about signing this deal off, all this time later…. What is there left to consider???? It’s madness - valuations in, revised costings in, Gov reassurances in, final umbrella agreements signed… etc etc etc…. either do the bloody deal or FO… either way, make a sodding decision ffs……

“We nearly got this over the line at the end of 2022”.

Taken from “ HAA - Total Delusional Idiot” the memoirs

That said, and Walter Mitty forgotten, you do sense we can’t be far off ffs

You are either shorting this Manu, or you have a very small life Roger kicks out of this w4nked out, kiddy behaviour

C. US$2070 is the resistance Rob, I believe.. and when this turns to the level of support, we should see a rally up through US$2500 in a relatively short timeframe

TKGM is primarily Gold as we know

It’s just timing now and getting everything signed off across the syndicate imho

Spot on Aqua Sulis .. you must be from Bath

Agreed Simms45 - the market cap for Kefi will change drastically when the RNS pertaining to final bank approvals/ definitive agreements signing timescales hits…

Rob

Agreed, and also look at the underlying asset (which drives everything) Gold

There is a growing market consensus around a move up to $3,000 US per ounce within a year, and (given how the 3 dimensional global economy is presenting right now) I don’t believe that’s a far off price target - being a 50% upside on today

That will drive Kefi market cap massively

Morning/evening Rob

Documents will have been drafted by the leading lawyers, and they wouldn’t do that on a whim

PS: Quite surprised at just how many poisonous numpties have turned up over the last few months.

NFI

Discovery businesses have nothing to sell.. ie no “turnover” .. they are finding stuff to sell later - turnover will emanate from production, being what the focus is now upon

I’ve been here a long time, I do understand your angst .. but I also understand where we are in the process and what is ahead

All the best