Member Info for Stebo

The train is slowly leaving the station..... last chance to get on board at these silly low prices :-)

I've a lot less green-boxes...... have the de-rampers finally covered and left the building?

I suppose it all just depends at what price you want to get in at with that farm....

Yes, it's not done until it's done, but that is reflected in the sub 1p price.

When it's done, it will be de-risked, but it will also be priced to reflect that..... so you pay your money and you make your choice.

"Blimey Stebo calm down"

I'm not in need of calming down. Perhaps you took the tone of my reply incorrectly.

I'm trying to be helpful and informative.

The point I was making is that today's sp will be completely irrelevant post de-risking. At the minute KEFI's inherent value is 99% reliant on sign-off, and therefore the sp is 100% driven by the likelihood of sign-off (and how soon that will be).

Upon sign-off that factor goes to 0%, and the price becomes 100% dictated by NPV, which is the value of the cash-flow of the assets ($300m+ pa, and increasing), with various risks applied (minimal at this stage of the TK project), plus a bit of speculation for SA, TK upside, PoG upside and further exploration (now fully funded).

In a couple of years, the potential dividend will then become a subsequent driver to dictate the sp at that stage. By then I would be expecting a minimum of 1p per share dividend, and therefore a sp circa 20p+

Your point about multiples of the current sp are only really emotional responses, which might have an impact in the very short term, but once institutions get involved all that matters is logic and calculations.

UpShunt, the PoG has very little to do with Putin.

PoG movement is a controlled pressure-release correction to the crazy levels of QE allowed to happen over the last decade. Personally I fully expect to be well over $4k/oz by the time we are pouring gold, and more likely closer to $5k

"six fold increase from today’s sp" is completely irrelevant.

currently kefi has nothing but speculation. once finance is signed off they have an asset that will be pulling in $300m+ profit every year and very likely to grow.

"at 7p this would be £650m, and that's two years before any gold pour."

two years is not a long time. every npv calculation will make allowance for time, but even if you allow 20% against a *** packet calc.....

2moz (very likely to grow to double this) x $2,650/oz ($3,650 pog - $1000aisc) x 80% (kefi equity) = $4.24b

$4.24b -20% = $3.4b = £2.71b

and you think that £650m is too high an mcap!!

i'm not saying that it should be £2.7b, but it should be a heck of a lot higher than £1b 24 months before production. and that's before any speculative interest about what will happen to price of gold, what the reserves will eventually grow to, what will come of sa and all kefi's other licenses, etc.

FWIW Edison, who know more about TK than any of us, reckon 6p with further upside.

"1.2p on day of sign off RNS"

Seriously!? The sp could be 1.2p by the end of today lol

I am expecting 5p-7p. Depending on volatility that might happen on the day of sign-off, or the mass-bed-wetting might come before the institutional investors pile in. Either way, definitely 5p+ within a week of sign-off.

The only way the sp will be 1.2p on day of sign-off is if the RNS drops at 4:45pm :-)

I've humble blocked, but I see he is still tweeting nonsense.

I asked GPT what it thought of his charting analysis...

"My assessment

This tweet is not a rigorous piece of technical analysis.

It uses the aesthetic of charting (trendlines, pattern names, annotations) but the language is more about convincing followers that a crash is inevitable.

In other words:

It borrows real charting terms (triple top, distribution, breakout traps).

But the presentation and certainty suggest it’s more about dictating sentiment / scaring traders than providing balanced analysis."

Since Humble has joined here and tried to convince people to sell and not buy, the sp has went up about 50% though, so maybe he's not a bad thing lol

Are all these green boxes still from that humble twat with the twitter account created just to troll KEFI LSE?

Did we not establish that they were likely a bot, or at very best somebody with a full-time job of spreading FUD and disruption of this board?

Why has he not been banned, or at least blocked by everybody, yet?

Yea, I don't think that is a KEFI PLC placement. There is Equity in TKGM that was still being finalised, and equity in KEFI Ethiopia, etc to be bottomed out.

That's all now sorted and included in the definitive documents, that have now been signed by everybody except the two banks.

"Of course we know one is coming.... KEFI have told us"

When did KEFI tell us that there will be a placing?

There is nothing to suggest a placing at PLC level that I am aware of.

All that we know is that KEFI PLC is due a huge rebate (circa $10m) upon closure and that their costs are largely going to be moved to TKGM (reducing burn rate to less than $1m pa.

What on earth makes people think that there's going to be a placement lol

A blind man on a galloping horse can clearly see that talk about placements is only FUD designed to keep the sp low for those who haven't the balls to invest prior to sign-off. They want to have their cake and eat it. They're completely delusional though. This is a $300m pa company - the second it is de-risked the sp is going to rocket to fair value.

I didn't realise there were still some people left who hadn't already filtered humble lol

I'm happy with both - invest in the headwind, and then carry a huge holding into the tailwind days...... then sit back and enjoy dividends and early retirement!

"I do love it when people come on here and say well I'm not buying any shares until sign off, which obviously when pen on paper day happens anytime soon this is going to 🚀🚀🚀🚀"

To be fair it's a legitimate strategy. I know plenty of people interested in KEFI once de-risked. They completely accept and acknowledge that they're going to have to buy at much higher prices, but they're investing huge sums and therefore have much lower risk-tolerance.

But they're looking for a safe 50%-100% over the next two years, as opposed to the current strategy of looking for 1000%, but willing for carry the risk of delays, placements, etc, etc that we've had to deal with for years.

For a long time it has been the much more profitable strategy, but hopefully we're finally at the pay-day where the less risk-adverse strategy finally pays off.

There seems to be a trend with the sp rising and frequency of green boxes lol

My page is littered with them this morning :-)

This is the primary objective of MrHumble.

He's not here to advise, discuss, or even to deramp. He is just here to disrupt.

He is polluting this message board with lots of little hooks, just hoping for bites to further disrupt.

We've seen them before, and typically they disappear once they stop getting bites. The best solution would be for everybody to filter them.

Mr Humble clearly getting paid per post lol.

Does that include all the posts where you say "that me for today", "okay, I've made my point I'm gone now", etc, etc?

I think any buyer has missed their opportunity to pick KEFI up cheap. Nobody would agree a buyout at this stage, and once de-risked the market's attention will turn from "will they / won't they secure finance" and start actually crunching some profitability and NAV/NPV numbers. Once it dawns on people that KEFI will be picking up £300m+ per year for the next decade, then any thoughts of selling below value will be out the window. The market will be considering several pennies per share per year dividend, not a one-off buyout for several pennies per share.

Would need to be 20p+ per share before I'd even consider a buy-out

Oh look, Mr Humble has disappeared and Bonkers has arrived..... just like how superman and Clarke Kent never quite bump into one another lol

Seems like he's still banging on about the 2015 DFS based on 1moz, and ignoring all the evidence that clearly points towards the actual reserves being more like 3moz.

Don't even waste your time trying to explain how wrong he is - I persevered for far too long before realising that he knows exactly what the reality is, but he's not here to learn.... he's here to disrupt.