Member Info for Simms45

Hold on as we shoot higher today. Gold looking it might test $5k very soon!

Only if this goes on for a prolonged time period and at this time i do not think Trump plans on taking any territory and he seems almost ready to walk. he just wanted to remove the regime and hope the population uprise but that might take a year of internal pressure. Market however thinks this will last years but even if the Strait is closed the oil market will adapt and buy oil elsewhere from Venezuala etc and cut out the Middle East and they will also adapt and build pipelines. in time the Strait will be less impactful. If it ends in 1-2 months the world will be hardly affected economically. key is how long this goes on.

Due to Iran conflict a huge amount of money is just sitting and waiting and as soon as the signs of a ceasefire or some path to ending conflict the likes of Kefi will experience a very fast reversal. We are so undervalued but the market will start to jump back in once the £35m hits the bank account and ensures we have all funds and a lot more to deliver TK and probably cover all our costs in Saudi for sometime to come. The overhang from broker etc will go and we will shoot back up far quicker than we fell. Certainly frustrating but amazing time to be topping up as have been doing.

Metals is almost a bo brainer investment. Risk is not building La India and gold collapsing. Depending what you think determines if 14p is a bargain worth buying as if you think La India will go live and gold stay at least today then 60p is almost baked in to 2027.

Metals is slowly and painfully recovering and seems well oversold for little reason. We are now a little closer to DP announcing a Phillipines deal and La India going live and when latter is the case we will heading to a minimum 60p + dividend and no reason to think off La India numbers 5p dividend is not unlikely and actually quite pessimistic. I most like metals as we are debt free so brings forward dividend to 2027.

Once £35m hits bank account and Saudi news and progress on TK build unfolds we will quickly recover back to 2p. Maybe some gold price action needed as well i understand Iran leadership is so weak they almost now want the US to bomb them to hope it can sway people against what is happening. With no internet Iran can spin this. I just hope trump does not fall into obvious trap.

Metals on fire today and next week could be more the same. Countdown to DP finalising deal in Phillipines and La India getting closer by the day pushing us towards a prospective PE of 1 in 2027, even without a Phillipines deal. Fair value today is easily 30p and post La India first year 60p+ as Metals will be handing out its maiden dividend, something like 3p for starters just to wet the appetite but FCF could manage up to 10p comfortably keeping some powder dry. Gla as re-rate is underway!

Maybe just maybe its the gold price? $4720? Trump says US out in 2-3 weeks.

Could be a lot of momentum coming to a gold stock near you if gold resumes its upward trajectory. Kefi will land its £35m cash next few weeks and we can breathe a sigh of relief and get our 200k ounze gold project underway while Saudi brings up the rear. Sooner or later we re-rate with avengeance as we are .5 our FCF in 2028 so kinda in ridiculous valuation situation when in 6 months generated more cash to hand out than we are worty today and thats just ethiopia!

$4655. Could be the northbound correction underway. could put a rocket under gold stocks coming weeks.

Gold starting to motor and should provide a decent wind for Metals if we creep back to $5000.

Last presentation affirms guidance 145k ounzes, not mention of 100k but i guess from December we have ramp up period but if they target high grade we could easily make good numbers. All still forwards to a 2027 PE of around 1 and gold now rising back to $4600. Be $5k before we know it and when Iran finally makes agreement can see this spiking a lot higher.

Yes. debt free is key for Metals. brings forward dividends by at least 1 year and Darren and board are not going to mess around announcing one as soon as they can, especially if we stay at a PE of 1 ib 2027 subject to La India going ive on time, which looks we are ahead of schedule by some margin and key substation now all mapped out.

In the crux interview in Feb Bowden said was actively pursuing and Crux says management expected to identify and announce a new asset by H1 2026. generally Darren is cautious and I think many people saw this as something brewing. The official company guidance is 145k ounzes in 2027. Where is source that they say anything else? if we are hot commissioning in October and officially December then seems very strong likelihood we will be hitting company guidance or going over in the first year as we will probably process high grade pits first.

Drilling for more gold at TK only makes sense when we are a producer. We have plenty of gold for 10 years and ample information there is a lot of gold in this area and that adding ounzes later will not be hard. Today focus should be financing conclusion, mine build and Saudi. All very exciting and by 2027/2028 will be long forgotten when we are 10p+

Hot commissioning is from October but December has been highlighted before as "first pour". I think they are being cautious which is the right way to be but it would be nice to think they can hit the ground running at 145k from December with 2 months hot commissioning. Not long now to start towards a very big re-rate as we are trading around A PE of 1 for 2027 and thats not even factoring in Phillipines that we are aware of a deal being evolved. It seemed that was quite advanced so those PE numbers could be way out by 2028. crazy times to be invested in a company where our current market cap will be eclipsed in 1 years of FCF by a decent margin and net profit.

Excellent update with substation details all mapped out and ahead of schedule. Perfect timing now for an RNS on drilling results. Very happy and should restart momentum back up to 20p over coming month.

There is so much value in Kefi as we are now 90% below NAV. £35m cash is what we needed and come mid April all will be long forgotten. Newsflow will start flowing and 2p will be in rearview mirror if we get a ceasefire and we head back to $5k gold.

Question is how much of a glutton for punishment is Iran govt willing to take? At some point country will uprise as only a few elites line their pockets and thats always been the case. Iran should be substantially rich. If Trump takes Kharg island he will then expect to keep it as part of a ceasefire deal and then Trump will probably want a oil deal on top for his troubles. Longer Iran continue the worse Iran will be in long-term as off ramps will be stacked against Iran and their government could be overthrown so if they have a deathwish i guess they will continue. Anyway gold over $4500 keeps a very healthy position for Metals and if a ceasefire does happen gold will spike to $5000. Trump likes his weekends.

$4550. Could be ceasefire over weekend and gold will fly if that happens.