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Winnifrith says sorry!

Kefi is a complete joke and has lost its most public supporter

Of the many problems and red flags with Contango, the falling out with the Chinese a few years ago is what sealed its fate.

The Chinese run the show when it comes to mining in Zimbabwe.

You don’t get into bed with the devil, then the devil will make you pay as he’s the only one interest in taking Coal from Zuba.

Why?

Because it’s too far away from the ports, too far away from SA, you either sell to the Chinese in Zim or you don’t eat.

Can see a fund raising on its way at 1.5p, please don’t be stupid enough to invest more money into this adventure.

Interesting how the board never discuss the Mali gold prospect which looked very promising on initial results, it’s as if the Mali prospect never existed.

Any further unforeseen hiccups and they will have to raise funds.

As PRD are good at ramping and not proving a resource, they will be raising funds by July

Look at my post history, 6 months ago I warned you all about this company and it’s rotten finances - you all mocked me, hyped it up, reported me, had my posts deleted, called me a shorter.

So here is one last plea, do not buy any shares in this company as an investment

The only way to make money from COPL is if it has a dead cat bounce and with so many shares in issue that looks less likely

Kefi will not turn a bit of soil in the next 3 years. Mark my words.

And what do they want as a guarantee for those pie in the sky loams?

Kefi has to contribute, the Saudis are no mugs they are not there to give money and gold away

Don’t mention Ethiopia

Easier to shoot the messenger than dissect the message

This firm is as dead as the dodo

*Audi - Saudi

Incorrect

Your confusing the Saudi sports fund with the Audi investment fund

The investment fund are no fools, all must contribute

And when it comes the lifestyle drag out of the Ethiopian mine which is still a decade away (if it ever happens), Kefi shares will need to provide jet over a billion confetti shares probably a lot more.

Just think of the mountain of finance Kefi will need to raise for their contribution to any mine

This is set to be a huge pump and dump

Agree

Kavango is a horrendous investment

There are so many better companies to invest your money than this dreadful company lead by fools who have destroyed the share price

Is it true?

The rat is leaving the sinking ship?

JD will not make anything substantial from the up coming euro championship

JD are a fashion sports retailer, they do not chase volume of football kit sales the same way Fraser do.

Look at financial influx from previous world cup and euros, they get no more than a small reference in previous updates.

Another board purchase?

Fully expected the management to prove themselves last year, and yet it was generally a year of little achievement

I am not sure I will give them beyond this summer to start bringing in income, the board are yet to prove themselves as being able to deliver and at some point you have to move on if the company is being lead by incompetence.

Lack of progress a real concern and the lack of honesty in an RNS to acknowledge frustrations with company development is a red flag.

Nothing did happen in Dec that helps shareholders , share price continues downward trajectory and no sign of profit/dividends

Lack of action for over a year a red flag

Snap election next week (7th Feb), no changes expected.

Reported today Kazak economy best growth in 2023 compared to past 10 years

Further internal investment also announced

https://astanatimes.com/2024/01/kazakhstan-to-launch-180-manufacturing-industry-projects-worth-3-3-billion-in-2024/

Next update due in March