Member Info for Stebo

AIM is not for the easily influenced or reactionary. Just look at this morning and how people have sold, despite good news and risk-mitigation RNS landing.

My opinion is that they can play away at their games, and I'll just take advantage as and when I can. At the end of the day, the $300m pa value will win out and the sp will eventually be many many multiples of today, no matter what games traders and MMs play in the interim :-)

"Project contracts that are now subject only to lender approval"

Only the banks left to sign off!! Everything was good for approval when the PoG was sub $3,000, so this deal is now just about as good as done.

Just a case of pulling up a chair, placing whatever you can afford, and sitting back to watch the fireworks commence :-)

Lots of posts being deleted, but unfortunately not Mr Humble's, who is successfully disrupting this place and ensuring that the chat is about what a dick he is, rather than what KEFI have just achieved and the rerate that has now commenced

Mr Humble is on an absolute mission the last two days on here. It has basically been his full time job to spread fear and uncertainty on here. He has went from a subtle "chartist" offering free advice (with a hint of negativity / caution), to being a downright de-ramper this morning.

MMs are clearly shaking the tree and looking for cheap shares, and I wouldn't be surprised of MrHumble is just another tool that they're using.

Hugely impressive and value adding RNS this morning - don't let some faceless username, with a vested interest, scam you out of enjoying your winnings

Class RNS. Looks like we’re on our way to the moon. The profitability and value of Tulu Kapi is really hard to fathom, as a sub-$100m mcap company.

The re-rate here is going to be epic.

PS lol at Mr Humble ….. absolute desperation on here lol. Surely you didn’t blindly presume that this weeks correction was a spike and short KEFI?

This correction is going to continue until fair, and possibly speculative value is achieved. Looking for 2p this week. Get out now while you still have your shirt Mr Humble.

We'll be recovering a minimum of $10m from TKGM as soon as finance is drew down, and seconding 99% of our running costs into TKGM going forward.

Our running costs will be less than £1m per year, and we'll have a minimum of $10m sitting in our bank account. Development of SA over the next two years will be $5m, so well covered.

The only reason people are talking about a placement is because they have wet the bed and sold, and are wishfully hoping for a placement to get back in before the big re-rate payday

Winston Wolf, this is nonsense.

The project finance is $530m consisting of the following:

$110m already spent by KEFI

$420 finance package

The $420 is made up of:

$60m from mining contractor, charged into Opex per ton

$360 debt and equity

The $360 debt and equity is made up from:

$240m loan

$110m equity

The $110m equity is made up from:

$10m KEFI PLC funds already spent (to be rebated)

$25m investment from mining contractor

$20m investment from Ethiopian gov

$30m Ethioprefs

$25m PE Funds into subsidiary KE

Winston Wolf, this is nonsense.

The project finance is $530m consisting of the following:

$110m already spent by KEFI

$420 finance package

Definitely, and I would suggest even higher than 2p pre-de-risking.

Prior to now the KEFI business case has been completely disregarded and it has just been a victim of false dawns and jam tomorrow. Finally the TK business case is coming into play, and that is HUGE.

Regardless of market sentiment, etc. dividends are only two years away now, and those are driven by profit, not sentiment. That will finally bring some reality to the sp and I wouldn't be surprised to see the sp closer to 20p than 2p at that stage!

Avalanche has a long way to go yet. The big money, who look to finally be taking positions, work out value through maths.... not some sentimental feeling that's heavily influenced by where the sp was this time last week. They'll know where the KEFI is heading, and will happily still be buying at 5p, knowing that it won't be long before it's sitting at 10p plus.

Roll on finance, TK launch, SA launch, further TK exploration and a new DFS, and then TK production. All within 24 months. Hard to even imagine where the sp will be at that stage!

Can I highly recommend filtering bonkers. He's just a really subtle de-ramper with an agenda, but dangerously more subtle and perfidious than his other pseudonyms.

Going by your post Crazytowner, I assume that Bonkers is waxing lyrical about cash-burn and need for further raises, two years until cash-flowing, etc?

I've been saying for years about the rebate (which I calculate to be North of $10m+) which will be due to KEFI PLC (from TKGM) on sign-off, and has recently been confirmed by KEFI to be the case (there was possibility that they could have taken additional equity instead). Also, KEFI have confirmed that their PLC burn rate will be dropping to less than a million pa, due to majority of costs being picked up by TKGM, once launched. There are any many mechanisms for KEFI PLC to earn from TKGM.

It is KEFI de-rampers 101 to spread fear of placings, because historically it has been a huge issue, because we've been raising at such under-value rates, which really eroded value. When we're at 5p+, a raise is a small risk, but also of minimal consequence, and if we need to raise a couple of million down the line to really push on SA, then that's only a good thing for KEFI imo.

A placement any time in the next year is really unlikely, and even if it happens, it's not going to have a similarly dilutive impact as historic placements, so it's no longer the bogeyman that bonkers is trying to scare people with.

Anyway..... up 10% today already and it's not even 9am....... sucks to be Bonkers :-)

Perhaps a few leaks starting to spring. People who have sat on the side-lines don't throw about that kind of money just on a whim

It really will be mayhem.

Lots of debate about harry, placements, sign-off, will they, won't they, etc, etc.....

... but the one thing everybody agrees on is that TK is an incredibly profitable asset, and if sign-off happens then the sp will re-rate to many many multiples of the current sp.

Personally I think more like 5p, but even the most pessimistic are saying 1.5p/2p

KEFI loves a Friday!!

0.7p is the new floor, I expect next week will see the sp bouncing between 0.75p and 0.8p for a while, before pushing on up and starting to finally ask questions about 1p again

"Looks like we had a few peeps getting off the bus just as we're leaving the station. Shame....."

I imagine that a lot of traders will have bought cheap since the last placement, and placed sell orders at various levels. We'll be pinging these all the way up, and those traders will be happy with their 10%/20%/etc, and be completely oblivious to the 1,000% that they're missing out on!

You know what, deedee has hit the nail on the head.

Too many people filtered bonkers, and he wasn't getting the bites that he seems to thrive on.

Only way to deal with him is to ignore and block. Into the green bin he goes, and I'd encourage others to do the same.

The only set-back to resettlement has only ever been getting the finance signed off. Can't start relocating locals until everybody is sure that the finance is in place...... any only recently the first of the locals have been relocated...... guess what that means Buffett

Buffett, all this FUD you're throwing about is so poorly researched. You need to understand the limitations of AI.

In Ethiopia, nobody owns any of the land. It all belongs to the government, who can move people at will. There is zero issue with community, or resettlement. In fact they are over the moon.

They were given several choices of where to relocate the community to, and the have chosen the location closest to the mine, because they can all see the economic benefits that will flow from it, and the employment opportunities.

Community resettlement is absolutely zero concern

Buffett, this really is some desperate stuff from you today lol. Getting Chat GTP to write some doomsday scenarios for you now lol

Surely you're not shorting this or something?

"Would love for this to hit 1.25p whenever it does happen."

Stringer, you've shown your hand too much here. You're clearly looking to get in early doors following sign-off and enjoy the low-risk journey up to 10p, 15p, 20p, etc.

Talking of 1.25p post de-risking is less than subtle deramping lol

This could easily go to 5p+ on the day the sign-off RNS is released. People aren't stupid, they're just suspicious. Once that risk dissipates it will be open-season. You haven't a hope of getting it at 1.25p post sign-off, no matter how many little subtle seeds you plant lol