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KEFI can't just turn their sp up and down when it suits them. The sp is up because people believe company-making news is incoming. There are very few of these opportunities that come along - I'm grabbing it with both hands!
Ss2000, I suppose you sold up today and are going to buy back in on the dump tomorrow? What a load of nonsense.
The price is rising in anticipation of the securing of finance. KEFI is significantly under-valued with the securing of finance being the key to unlocking that. This was to be completed by end of March, so there is now an expectation that this could be worth 7+ this time tomorrow. People are speculating on this and the price is rising. This is the market at work. You pay your money, you make your choice.
To try to spread misinformation, to try to manipulate easily influenced investors, however is the lowest of the low.
CVM_13 - In what way would this benefit Harry, and in what way has anybody been "pump pump pump-ing" this?
You've shown yourself time and time again as talking absolute nonsense. Have fun with whatever agenda you're trying to push, but you're wasting your time.
Smellyben. I'm not sure what's so confusing - just listen to the interview.
At that stage "the backbone" of the financing was done, and there was one final opportunity for local institutions to get on-board in March. When that's done (ie now) they will do the final bit of finessing to work round whatever local interest there has been.
I'm fully expecting a 5th / 6th April RNS, and an accompanying multibag re-rate to the sp
SmellyBen
https://webcasting.brrmedia.co.uk/broadcast/600b03dbea090471deaf6564/6017be697577b81e8414b3ee
Listen from 25min. "They'll be told they have to sign up in March". To me that includes the 31st March.
The fact that you have tried to intentionally misinterpret my own comment about ISA, etc shows you up as just being here to meddle, so I'm not going to engage any further.
Here's to an RNS tomorrow....... or next week
I'm just going off the recent interviews.
Harry said that about $280m was in place and there was about another $20m up for grabs for locals. Depending on how much of that was taken up would determine the final equity split. The locals had the same terms as the government, etc. so therefore it was at a fixed price and would come of KEFI's equity. This means that it wouldn't effect the other $280m of investments.
I understood that this closed today, then Harry said there would be a small bit of tweeking and finessing to get the final numbers pulled together. Part of me now suspects he maybe mentioned that to give KEFI a day or two before releasing the RNS, gifting us PIs another £20k isa allowance.
I'm expecting it tomorrow 7am, but would not be at all surprised if it doesn't come until next week.
As I understand it the window for "local investment" is still open (today is last day), so there was never going to be an RNS today.
Might be one tomorrow, but more likely they will take a day to finalise the figures, get final sign-off from other investors, and then draft up RNS for release next week.
It's nonsense (or malicious bluff) to pretend to be disappointed that there was no RNS today - there was never one expected
Good luck trying to talk the sp down to allow you to get your isa top-up at a lower level, hopefully before this rockets.
I have the same vested interest and I'd love a 6th April top-up at 2p, but I'm not so deluded as to think that people reading LSE are so stupid to fall for such nonsense.
For you to have made £10k any time recently you'd have needed to have had a minimum of £30k invested (and perfect timing). I don't see any sales anything like that this morning.
I'm calling bull****
I'm not disappointed by the price. This is just what happens round results. The true value is around 40p+ and increasing every time we keep decreasing that risk factor (must be significantly less than Berenberg's original 50% off 66p by now).
This is the easiest money you will ever earn - you literally have to just sit back and do nothing! The current prices are the perfect opportunity to keep topping up the pot. The longer this stays at these anomalous prices, the more I can afford to top up, and the more profit I will make when GGP starts mining.
PS, Joebass, I'm not defending you, I'm defending Scallywag!
I still think you are full of it, and even you do have intel, I don't think that it benefits anybody except yourself by posting hints and rumours. Everybody received the RNSs at the same time - I'd rather that they drive the sp, not an anonymous lse poster
Not that I am disputing that Joebass was pure bs'er, or trying to get raise hopes about the remaining results, I still that it is wildly pre-mature to write-off Scallywag based on three results.
We haven't even received four of the results that Joebass was hinting to have had intel on! For all we know GGP scanned all the cores, knew which ones had the gold and sent the other three off first (which is what has been released). Perhaps Joebass was right and it was the remaining un-released results that he had info on!
I'm not trying to ramp, or raise hopes or anything, but I'm a bit sick of Scallywag having become a by-word for "pile of crap". There is every bit as much of a chance of Scallywag dwarfing Havieron now, as there was back in Sep / Oct / Nov when people were bulk-buying Scallywag whisky and Kraken rum! I'm still excited by it and intrigued as to why GGP held on to 100% of it rather than lumping it in to the JV.
I don't expect anything from the remaining four cores, and I don't attribute significant value to the tenement currently, but I do trust Callum Baxter's exploration techniques, and if there's gold down there, then he's the man to find it - we just need some patience (and a lot more than 3nr exploratory drill results!!!)