Member Info for Stebo

KEFI has A LOT of catching up to do. What feels like a spike now, won't look like a spike this time next year. In reality the sp hasn't even moved half a penny this week.

We've a lot of ground to cover, and only a number of months to do it in. I think we will start to get used to 'spikes'

@Crazytowner

Zac just looks at the technicals. He will have completely ignored the fact that we are bout to have a raft of PR, confirmation of 100% financial derisking, sign-off of full documentation and a project launch ceremony!

2.5p should be well in our rear-view mirror by 'next month'!

Simms.... that's before even considering a revised DFS increasing the reserves from 1moz to 3moz! :-D

"KEFI

Has already broken recent resistance around 1.75p.

Target the top of the lilac channel near 2.5p, aided by multiple RSI 50 rebounds that support a strong move."

@molatovkid

Very true, completely different animal.... with an unrecognisable mcap and share price!!

We're just about to start that transformation - it's going to be one heck of a journey!

Burt, I remember the same discussion when we were about to hit 1p. People feeling that 0.95 was too expensive, because the week before it was only 0.7 or so..... now those 1p buys are nearly 100% up and people would give their right arm for some KEFI at 1p.

It's the same dilemma the whole way up - the sp always looks high compared to the recent prices, but if you could see the future prices it would look very cheap imo.

Personally I average in, and buy a fixed amount at fixed intervals, regardless of the short-term price, knowing that over time it averages out. I will continue doing this while KEFI is still significantly under-valued, and at 2p KEFI is definitely still a strong buy for me.

If KEFI is only 7p in a couple of years I will eat my hat lol

In a couple of years, even at only $5k gold, we'll be looking forward to prob a $700m pa from TK, plus something similar from SA projects, and likely a few more projects in the development pipeline. And by that stage dividends will be up for discussion, which will correct sp, even if the market does remain this ludicrously wrong about KEFI!

@SB_1964 "We’re actually up 200% in 6 months Stebo.. so the new kitchen brigade are in good shape."

I get that LTH are well up, but that 200% (or 250% if you're lucky) is still only a pittance in comparison of what is to come, and it's only real money if they sell.

What I'm saying is that it's not the PIs who will take KEFI to 10p+, because the majority will be people who will dip in, perhaps double their £1k - £10k pot, and then sell up thinking that they've done very well. Nothing wrong with that, but it will take somebody of real conviction and character to hold millions of shares with a sub 1p average, while the sp is 10p+, and not be tempted to start selling to enjoy the fruits of their harvest!

What will really get this thing moving is when investment funds and ETF trackers start making random multi-million quid purchases, with an intention to hold for 5+ years. That part of the KEFI story is all still to come, and is where things actually start to get interesting!

"·Mining services agreement with BCM including provisions for supply of the mining fleet, under an industry-conventional schedule of rates arrangement providing for payments per tonne produced in compliance with the TKGM-controlled mine plan: a re-tendering has just been closed and the finalised refined contract has been awarded, without equity participation by the contractor as was initially contemplated."

I believe that the $10m placement is in lieu of the equity previously minded to go to BCM. We will utilise that last, when the sp is highest, and by that stage a $10m (£7m or less the way the dollar is going!) will just be a drop in the ocean.

"Placement" with KEFI is a dirty word, due to the damaging history of raises just to burn through, so I can understand the PTSD jarring of reading anything like that..... but it's different this time. This placement buys us equity in TK, and won't be at a silly price. It's a value adding placement, not just a placement to pay the BoD as we tread water.

If that is putting people off buying, then they only have themselves to blame for not understanding this, and they'd be better off looking at more simple investments.

Chancery, KEFI, Ethiopian ministry of mines, etc are all currently in Cape Town at Lycopodium.

They said yesterday that they are heading to Ethiopia, and Tulu Kapi, "in the next few days", so I would expect that means tomorrow.

So there's a good chance that we will get photos, etc over the weekend, or perhaps on Monday. I wouldn't be surprised by a Monday morning RNS with an update about what they've been discussing and details of what they are doing together in Tulu Kapi, hopefully with some media.

Vaulted, the numbers are crazy, and if SA projects get up and running g it will be crazy profit pa.

Loads for exploration and investment, aggressively paying down debt, and still loads left over for dividends.

Personally I think it’s because the PI shareholder base are happy with 100% returns, and sell to buy a new kitchen, etc as they can’t comprehend what 1,000% looks like, and the IIs haven’t taken positions yet as it’s not yet a 100% done deal.

We’re in the sweet spot for PIs who can appreciate that we’re 99% de-risked, but still pick up shares for a huge discount.

Personally I don’t care that much that the market has gotten this one wrong, it gives more time to accumulate, at much better prices. Regardless of what the market values the shares at, it’s still going to be a huge dividend per share once the profit starts to roll in in only a few years.

If it goes up, I’ve enough shares already that I’m happy, and if it doesn’t go up yet I have confidence in my forecasts and and happy to keep accumulating.

@Bonkers0801

Are you that desperate and obsess with me that you are trying to doxx me?

That’s incredibly pathetic, even for you, and probably illegal. If that actually was me I’d probably report you to the police. Instead I’ll just pity you, remind myself why you belong in the green bin, and block you again.

You’re a deranged individual, clearly with mental health issues, and I really hope you find someone to take care of you.

PS, I thought you were out of here, like a rat down a drainpipe, as soon as the sp hit 1p..... yet here you are when the sp is nearly double that. Is that anti-harry chip on your shoulder too big to fit down the drainpipe?

FWIW, I'm already up 200%, and don't plan on going anywhere for a long time yet,

Unfiltered just for a laugh.

I see bonkers is still obsessing over me lol

Thanks for doing all that leg work. What's very interesting is how many predictions you have proved right, and many that are yet to come (such as the sp a few months after sign off and launch of full works, previously planned for Oct / Nov, but now looking like Feb / March) now look to be bang on the money.

Good work Bonkers

@deedee1 IMO AIM is only a gamble for short-term players. Over the mid-long term, the value always plays out. And AIM gets it wrong to the high-side, just as often as it gets it wrong to the low side.

AIM has been wrong to the low-side on KEFI due to all the FUD and Harry-bashing etc going on for years.... that's why we've been gifted this opportunity, and being over-hated is the main reason I am in KEFI. I am hoping that the opposite happens once we are signed off and that fear turns into fomo greed. Once KEFI starts 'multi-bagging' AIM players will pile in with their rockets and 'diamond-hands, to the moon, hodl, stuff', and if we are lucky that nonsense will carry the sp to crazy highs, beyond what any of us could use a calculator to forecast. If that happens I will sell. If not I will look forward to significant dividends for the next decade plus of the back of TK.

"Also Harry has not said this will triple shortly; that's a straight up lie. TW has also not said 7p short term nor has any analysts said 17p; you're just picking up the chancery royalty figures and gold values. That's exciting stuff no doubt and will hopefully get there eventually but short term that's just fantasy especially on current volume."

@StephenX Before you have a go on here, it would only be a polite curtesy to go and do some basic research. All three of those numbers were released today.

Harry's 5p - 5min into todays proactive interview

Tom's 7p - today's bearcast

And read today's RNS economic metrics "17 pence per KEFI share is based on a gold price of US$5,000/oz"

There are also multiple other commentators all in that kind of range, and we know that any commentator likes to be conservative.

Anyway, predictions on here are for discussion and critique, and hopefully that is helpful to anybody who maybe doesn't have the info to make a prediction. What isn't helpful it to shoot predictions down with nothing more than your own bias, and even worse when it's just misinformation such as "that's a straight up lie" when even a basic check would prove that you've just jumped the gun accusing me of that.

Until just now, when I called 2p by the end of next week, I have never gave time-frames.

I have referenced time-frames given in RNSs, and then predicted sp based on those events having happened. This is KEFI though, and so the next RNS often re-sets the time-frame. I think the last time I maybe made a call was in regard to what the sp would be as soon as KEFI sent out details of the shareholder meeting to get approval for an element of the finance package. In the end that was cancelled as it was discovered that it wasn't required.

My 2p by the end of next week is based on the info we have regarding Chancery meeting the prime-minster at TK, the fact that HAA is currently in Cape Town meeting with syndicate members, BCM have been awarded their contract, there is launch ceremony being planned for Feb, and today's RNS stated that the final contracts and full documentation would be completed in Feb 2026.

RNS's, PR and photo-shoots are about to start raining down on KEFI, and (unless any of the above changes!) I am very confident that it will be reflected in significant sp movement.

If you think any of that is wrong. or want to present your own prediction and substantiation, I would love to understand why you feel the way you do.

As I've said before, the best critiques of any of these forecasts simply amount to "well it hasn't happened yet, so it's not going to" and "that would be a xxxx% gain, and I don't think that's going to happen". We're up 200% in the last 6 months, and still some people can't comprehend what the value is and what is about to unfold.

@StephenX

It will be institutional money that will re-rate this. Even with finance 99% done, it's not done until somebody looking after a fund can stand in front of their boss, put their neck on the line, and say that Tulu Kapi is now 100% funded and financing is 100% de-risked. And the 6p (for starters) won't be instant. It will move quickly, but still take time to get there. Within a few months though.

This isn't enthusiasm, it's experience and mathematics. Crunch the numbers yourself. If you can't figure out how, put the numbers and risks into Chat GTP and see what it says. It's a very simple formula, and whatever way you cut it, TK is going to be mega profitable, we have 83% equity, the finance risk is close to zero, the construction and operational risks are med-low, but the current sp is a tiny tiny fraction of that value x risk calculation. Everybody is calling this at huge multiples of todays sp, whether that be Harry saying that he expects the sp to triple very shortly, analysists calling 17p, or even the likes of TW calling 7p short-term.

I have yet to see anybody try to refute any of these numbers with actual facts or maths. The only reason you think that they seem fantastical is because you haven't done the maths, but it just 'kinda feels like a lot'.