RE: That £268,000 bundle of sells13 Feb 2023 19:16
Guys, I have sold half my holding. I may well come to regret this if TK funding is delivered soon but given the last update it seemed there was still an awful lot to do I have recently been burned by another CEO overpromising so I had a word with myself. Seems to me we are at least 3 months away all being well given the to do list - and of course when has it all gone well for Kefi !
The truth is back in June 22 (according to the accounts ) we had zero net cash - £2m cash, £2m short term liabilities. If close was Oct I wasn't worried, at Dec I thought we could squeeze thro - now it might easily be May or Jun e we simply need more cash (unless you believe the hundreds of employees, suppliers of the drilling program, the lawyers and accountants looking at dual listing etc etc do so for free - I dont) - there must be a financing RNS imminently - I still have about £200k invested but dont want to be wiped out by some stupid raise at 0.4-0.5