Member Info for Smellyben

https://www.cnbc.com/2022/05/31/ripple-ftx-on-the-hunt-for-acquisition-targets-as-market-crashes.html

The company said they expect ( but can’t guarantee) completion this month along with other news hopefully

But I bought another 30k today. Ok has Harry suckered me again - maybe - but it IS cheap and all seems to be going well - if it comes good in 6 weeks we are looking at 3-4 times current price, if further delays well it can’t fall much more as they already have 8 mil in cash !!

Fallen 50% in a month -feel sad for those who believed the ramping of PP - never to be seen again - at these prices I’ve jumped in again 30k - can’t go much lower as the raise has already been done and next one won’t be until next year even if funding does fall through (again!)

No one believes Harry after literally dozens of promises on financing have come to nothing since 2015.

Maybe one day it will happen but the people selling aren’t holding their breath and who can blame them. Might stick a few grand of my previous profits on Kefi just in case it comes off

Wow that would be cool - a takeover at something like fair value of 25p

we'd like the directors to start buying shares as well !!

Yet more good news !

Will do

Well obviously that would be against the rules but to be honest I still don’t get the logic of why they would do it given we know the market cap is essentially matched by our cash and inventory never mind future cash flow so I’m still a buyer

but even if that were true the amount of shares sold would be very few (max one percent of the company) - there are no shorts so in my opinion there is a significant disconnect between net assets , profits and the market cap - warren B always says the gap will eventually close if you stay patient - so lets stay patient - I will add to my position once a couple of other shares have their annual results next week and I'll cash out

If Waha were selling they HAVE to disclose every 1% drop in their shareholding eg if they go from 18% to 17% - has anyone written to Malcy to get a bit more detail on his suspicions ?

https://www.telegraph.co.uk/business/2022/04/24/britain-decides-big-tobacco-should-help-kick-habit/

Anyone catch the update ?

Its a brilliant day and another one to come on May 3rd methinks - hopefully be past 70p by then but as many have pointed out there is a long term plan that makes sense with revenues of £600m planned within the next couple of years that will value up at 3 times where we are now - I'm interested to here how fast and far along they are moving with their international expansion and online offer as key to delivering the turnaround

Problem is he is impossible to vote out now - he and the Board and their cronies at RAB have hundreds of millions of shares - he's happy to take his half mil a year for zero delivery of anything of value - remember kefi is no further forward now than when ANS was days away from provising funding - only difference is then there was 400m shares now there is close to 5 billion - oh and the real possibility the EG revoke the licence if funding not delivered finally in the next 6 weeks or so - my reading is that IF that funding was close they wouldnt have done the raise - it is to provide Harry and his mates money for another year of sittin around doing nothing

can you provide a link

He and his ramper friends on this board ramped up the price in the last couple of weeks knowing full well this was coming - I warned you all before the man has no honour and was called many names - but he and his cronies have so many shares now there is no way to vote him out - he should be investigated by the FCA - he does it time after time an dthere is still no money for TK - but there is enough to pay his exorbitant salary - disgraceful - how can he look anyone in the eye

I'm out as well - nice 40% profit doesnt set the world alight but alot more than I expected just a couple of weeks ago - hope you all do well but my warnings remain - that man is very economical with the truth and there are still very significant risks out there but I move on as some (maybe most) will be happy to see the back of me

For any new shareholder or prospective buyer - have a listen to these previous webinars for the last 3 or 4 years and see how many times previously that Harry has stated the finance close was imminent - once it was days away - that was 2 years ago !

https://www.kefi-minerals.com/news/webcasts