Member Info for Simms45

Frankly its good news US standing up to this. On face of this BHMB were on the wrong path and doing a lot of things wrong so is not unreasonable Nic did what they did. BHMB had time to mitigate this but did not and any sensible operator would have resolved far sooner. If US did nothing who is to say Nic would not go after other concessions in similar circumstances. Would point out Metals is in a whole different position and there are dozens of other small scale foreign operations working in Nic. This strengthens Metals position and as we have seen Ortega is canny enough to work around this or he might join Maduro in New York. I expect re-approachment and increasing relations between Nic and US and improving situation for Metals from this.

Whose joining the gravy train today up to 15p? Gonna be a decent ride. No point waiting as when this hits 2/3/4p wondering about 1.4 or 1.5 is immaterial. Maybe 1.5p by bedtime!

Looking like a strong start today. Onwards and upwards to 2p as everyone jockey for position as we head towards production and as long as good stays over $4500 long-term and we get into production (both seem highly likely) underlying numbers support 15p+ and FCF could cover 1.5p dividend by 2029. gla

Does not matter as it is now in new hands who paid 1.47 so lets hope we get more chunky trades to move from weak hands. With gold motoring and countdown on i suspect 2p will come and go maybe this month? Z

Great to see back of 15p. ZGold price looking like it is motoring now. Each month we will tick up as we get closer to La India operation as thats an absolute juggernaut cash generator. I suspect now we have a huge cash mountain on yhe horizon and access to lending Metals should rather buy another Condor or JV someone who needs our mine kit. Key is we are debt free and that is a huge blessing as they will have no excuses to not issue a dividend pdq once Nic is firing all on cylinders.,

I have cvrs in both hsbc and hl. Just give them a call. Hsbc are a bit old skool but pretty helpful. If you are transferring from another account i presume worst case scenario you keep in your old account as maybe cvrs are not terribly easy to transfer.

Bargain basement. Worth less than 60% of our first years FCF. Totally bonkers when you can consider minimum 1.5p dividend is easily achievable while paying down debt. Best to pop in the pension fund.

We are crazily undervalued and time will tell. If we can do 5-10% a week for next few months should start to get closer to fair value. What a bargain placing at 1.2 but jobs for the boys. Looking forward to seeing other side of 10p over next 12 months. We only need smooth TK development and host of positive news around Saudi and we will be very close i am sure. Gla

Says it all really. Kefi is going to start motoring very quickly northwards!

“ Upon today's General Meeting passing the resolutions, we will have financed and launched the start-up of perhaps the highest grade-highest recovery, and therefore highest margin, gold development in Africa. And we are doing it in high-growth Ethiopia. ”

Slowly but surely heading back to 2p and then lets see where we land? Anything up to 15p by first pour is my guess but lets look towards a 3-4p landing zone.

Key is we are under sail and making plenty of progress. Mine build progressing, significant cash about to hit the bank account and our $110m of sweat equity converting into 85% of a serious gold mine that will return £300m+ per year to Kefi plc in less than 20 years, if we get that far as i seriously doubt it with so many majors sniffing around Saudi and Ethiopia. We are almost at the first point where an offer might come in. There is absolutely no reason to not be 3-4p today on paper but some frustration from last few years in the buildup to this moment. When we are 5-10p Harry can look back at what he has created for lths.

We are probably equivalent of £1.50 now for Condor so well up on my original low £1 prediction and in terms of dividends its quite possible we ramp up easily over next 5-6 years to cover the equivalent of £1 of dividends and then some. We will have equivalent of 20p-25p of FCF to play with per year on todays gold. all that matters is getting value out of the ground and we are well ahead of schedule to achieve that. i guess if Phillipines deal does not happen then could Run Runo end up in Nicaragua? What we are not short of in Nicaragua is gold. We have millions of ounzes and plenty more about to be reported. If we could go for 200k-300k ounzes a year why not? i dont think we will but its a plan B/C.

Oh? You talk of topping up quite regularly so assumed you were on the fence. Maybe your just indecisive? So far close to 250% up is not a bad place to be since the Condor days.

In 8 months time we will be banking £30m a month. The one thing we are not going to be short of is cash in the bank. We are debt free and if Metals needs it we can easily access all manner of lines of credit. DP has intimated dividends are on the cards so i do not think end of 2027 is unlikely, unless of course we go all in on some big project but in this case thats probably no bad thing for the share price. i am far more bullish over the next 3 months as several things are expected to fall into place. Sell your shares if your worried and sit on the sidelines with Connect. Price now already jumped from the low of 11p so most missed 25% uplift from following the herd.

I guess quite a few are trying to get back in under 14p but i think with Sakura investment that is unlikely anytime soon. Be lucky to get back in under 15p. The momentum now is well and truly on the front foot now diplomacy has started to catch-up. Need to bear in mind the US wrongfooted everyone. Good luck Connect

Nice purchase and within 6 months will look like very good timing. Markets appear to be constantly overshooting but feels like the Trump strong arm approach is making a whole lot of leaders dance to his tune. In our case Ortega is playing a canny game and seems to be working to their advantage and ours. if we get the Philipines update that the market has discounted this will setup La India perfectly for later this year. Basic numbers from La India alone supports at least 5x todays price by end of 2027 and my expectation we should get a dividend announcement that will underpin a very decent shareprice for the following 10 years.

Looking at trades last few days it looks we do not have many background sellers. While there might be a little more after the £35m hits our account if the broker shares are now sold and Harry does have his long-term imstitutional shareholders then this might leave a few PIs to offload. The key thing is that we are sub £200m for a £400m per year FCF enterprise in 2028. Something has got to give and or we are a tasty morcel for someone else. The only succession paln btw is selling Kefi to a major so watch this space as i am pretty sure we will not make production under Kefi but probably Newmont or someone else who needs pole position in Ethiopia. We are just too cheap as just our licenses in ethiopia and Saudi are worth this much, let alone TK, Hawiah and JQ. We have dozens of the plumiest licenses in Saudi and Ethiopia.

Incredbible update and 1.4p is easily achievable, maybe even today. Already smashed 1.3 and just looks like we will meander now back to 1.5-1.8 over coming weeks. Exciting times for Kefi holders!

Lets hope we are back over 1.4 later this week as its crazy how we are at this level. Perfect timing for ISA top up though!

Within the ceasefire every ship will have passed the Straight that has built up last month so might we not jave a glut of oil? Saudi pipeline operational. Venezuala producing, etc and more time to use those ships to collect oil from elsewhere. Irans only leverage was the Strait and Trump has partially fixed. I think Iran govt got some agreement they will leave it alone. Anyway its a good start.