Member Info for Simms45

We are debt free and board want payback. If gold averaged $4300 and production: 150,000 Net profit estimate: £260m/year (i have knocked of 30% tax but i think we have losses to use up? )

With Moderate 40% payout this is Dividend pool: £104m or 4.2p. I suspect $5k will be comfortable and we should easily support 5-6p on production numbers. Sure i dont see it year 1 but it cant be less than 2p as a token dividend. Key here is debt free and we are not even factoring in mine 2 we should fine out soon about

The oddity is crude oil plummeting to $76 a barrel and probably a lot lower. China and most of world confirming massive gold purchases last 12 months and going forward. Somehow gold is down? Anyone explain as inflation expectations are clearly going to decline if oil almost halves in cost. I guess US is seen as booming and inflation elevated but they are more closely aligned with oil prices so fall in iul prices will have greater downward pressure.

And only 4-6 months from first pour. I put 4 months as we might be on cold commissioning once substation is live in October in 4 months and then champagne sailing to first pour and at $4300 gold Metals profit is £372m which is forward PE of just over .6? Crazy days. I understand tax will take a chunk but Condor has a massive loss to use up so we should get no tax for a year or so? If correct purchase of Condor was barely more than the tax saving we will get in first few years. All pretty incredible as surely 50% will be dividend so call it 5-10p dividend comfortably at end of Y1? What else will we do with this mountain of cash?

I dont know what Harry has to say but last placement took out need for royalties and fast tracked development. We took far more cash than needed so £34m cash as part of $340m builds our mine. Harry will retire at some point but even he will want to see 10p a share so he exits well. Even Harry is not going to shoot himself in the foot. For first time in 10 years Harry is aligned. I understand some traders trying the usual to get in cheaper to manipulate price but in reality things have never been better. 2p is nailed on later this year or we simply will be snapped up as we are pennies in the pound currently.

Incredible news and plenty more to come and only going to get better. Bring it on and 2p will he history. Cheapest stock i know for risk reward, ie almost no risk and almost guaranteed reward. Gla

Personally i find Metals moves very easily up and down. Vast majority of shares held long-term as most know we are onto a 3x over next 6 months as we hot production so only a small float and dividends will start to move into position by end of year as a key plan for 2027. Certainly by mid 2027 i think maiden divi will be pretty much discussed and open. Gla as perfect storm brewing for Metals.

Great webinar and everything on track and then some. Shareprice finally heading back to 1.2 as this is now in nobrainer territory of 10x by first pour and then a dividend above todays shareprice per annum for 10 years. Nice!

With oil heading back towards the $60s and UK unflation unchanged in 12 months surely interest rates woll head down and gold will start to move faster. Report also today 50% of central banks plan to increase gold holdings so look out for gold rising way over $5k over next 6 months. Dont also need to be a rocket scientist to know UK is in serious trouble as while GDP shows things as flat the consumer part is cratering in confidence and house prices falling. In London they have never got back to 2016 highs and now down 50% in real terms so this has a massive drag on confidence. So Kefi is in an incredible leveraged bet on gold price rises and with first pour only 17-18 months away each month will see share price increase and with gold rising doubly so. Incredible bargain and i sure Harry will spell out today

Just a few days from Investor webinar so i am sure plenty of positives to share. We are less than 18 months from first pour and 1st years FCF dwarfs our market cap, barely 6 months so unless we re-rate to at last 5p over next 8 months we will be taken over. Today buyout could be repaid in full in 6 months post first pour. Crazy times to be a Kefi investor.

Lets go 🚀🚀

1.2-1.3 easily i suspect. Gold companies are going to explode next few weeks and ger back to longterm trend now Brent oil is collapsing. Gla as Kefi should be on track for serious progress next few weeks.

Just what the doctor ordered. Good booming back to $4300 and plenty of upside to come over coming weeks. Maybe retest those highs quite soon. Other deals also expected to land as this is the starter course!

money put on the side while trump was pea****ing around will be flooding back into gold if the deal gets signed this weekend. oil price is tanking so inflation off the table. probably going to overshoot and go sub $60 but would settle for $70. currently $85 or so so not much to fall back to its previous levels. personally i think we might go lower on oil.

Very shrewd buyer. oil falling quickly now that will lead to a hefty fall in inflation and gold pushing up towards 4300. Kefi will continue to fly tomorrow and maybe go over 1.2. Very good time to be entering into an outsize Kefi position and hold for 18 months for 10x+ your investment and divdends per year in excess of current share price from 2029.

Sorry winds have a changed and seems like light at the end of the tunnel on Iran leading to oil price falling and gold price momentum will pickup again. Harry also will have plenty to say next week and i suspect a RNS before is likely. I am think 1.3-1.5 in a month on the back of Hormuz opening and rising gold prices. gla

Wow. Gift from the heavens. Yes please!

Certainly price at the time of placing was a painful discount but going forward a few months on the flipside we have all the cash we need in a troubled climate and the key is we do not need further placings. We just need to wait for time to do its thing and get the mine built. in the meantime Iran war will end and inflation will drop and gold will rise. Both Iran and US both want a solution so its just a waiting game but probably weeks and not months. Kefi starting to motor now the overhang is cleared. Blue skies ahead!

In fairness to Harry imagine if the royalty company pulled out and Harry had waited to do a placing until now and then at what price? In retrospect he pulled a blinder and totally derisked Kefi for all shareholders. He took action fast as soon as Iran troubles started. He has done a placing giving us all the cash needed to get to the mine completion and even at $4000 an ounze we have over $400m FCF. This is multiples of todays market cap and there is tiny risk in reality given the government who are personal friends with Harry are back in power. This is a massive catalyst for shareprice growth. Yesterday we saw possibly the end of the overhang after £1m sale. This could now be perfect storm for Kefi to get motoring again. Inflation is an anomally and only driven by higher oil prices. raising interest rates based on a commodity from another part of the world and outside anyones control would be bonkers. I think iran will get resolved as it is pointless brinkmanship and bravado that is getting boring so once Hormuz opens, oil drops 30% and with it inflation crashes, might even be negative same time next year given this is a flash in the pan event. Could be a perfect storm to rediscover 2p for Kefi in the not too distant future. gla

Once we get a signed peace deal opening Hormuz in 3 months we have a global glut of oil so it will fall considerably and with it inflation as today most goods and services are falling in price. I dont think market is seeing any signals of prolonged rise in inflation but does hinge on Hormuz opening but that seems to be on the cards. La India now only months from substation completion and then its eyes on first pour and we will do more profit in first year than current market cap.

Could not be better for Kefi shareholders and whole country is behind Abiy Ahmed and his party. Ensure 100% clarity and support for La India and also confirms peace and prosperity that will benefit Kefi enormously. Today we see a major macro economic event that will catalyse Kefi going forwards. Gla