Member Info for Strike123

Please read RNS properly. This has been discussed many times. Why do you think SP rose over 40% since the RNS on financing? Please read the September RNS which clearly has a breakdown of the funding yet some still keep coming back asking same silly questions about salary, bonuses, working capital etc

UPshunt, I do not think anyone is investing their whole of the pension savings into this. No one should invest all in one stock and not in AIM.

One should invest what they can afford to lose.

Compared to others I have just £7k worth in this after top ups. If it comes good then fantastic and I think this time it will come good.

Nice £32k worth buy went through at 12.38pm for price at .8914! GLA

I saw a 2million shares sell followed by a 2million shares buy. If it was the same investor, they must have realized their mistake and paid higher price to buy again! Either way we have a buyer with 2M shares! Clearly that 2M investor ignored MrH despite all his efforts with 1000 posts and that must be hurting him. What MrH says is all cryptic and tactics to induce fear with his predictions that were all wrong.

Gents, look at the market cap. With sign off, the market cannot go lower, it will go much higher.

For starters, it can do easily 100M so that would be atleast a 20% rise in SP from where we are today!

With $340M financing signed off and construction starting(roads laid out, power lines etc), KEFI cannot still be valued at 80M or less!

I'm holding and will wait for the sign off RNS. Another 8 days of trading to go for the September end. GLA

Bonkers0801, did you read the RNS about finance structure? Or you cannot understand it? Do you think $10M placing has to be done for these?

Also someone said about the takeover. I think that is a possibility too once we get the sign off. Harry would definitely look for the deals with big miners once the path to the production is clear. Once all parties sign off, the project is totally de-risked. With the current gold price and with the assets that KEFI has including the ones in Saudi and in other country, any big miner would be interested.

RNS mentioned that the equity raise would be in the subsidiary so that there is no dilution to KEFI. Though the subsidiary is 80% owned by KEFI but the shares in the subsidiary company are issued to all investors which is mostly local investors. The money raised will be used by KEFI. They will manage the accounts you don't have to scratch your head for that. For us KEFI holders, there will be no dilution with that placing. Some are trying to twist this to their benefit spreading FUD. Don't worry they will disappear once all is confirmed. Onwards and upwards! GL

Gold price nicely ticking towards $4000. I think most can see that it will hit $4000 with FED to cut rates helping gold price. What this means for KEFI is that with their ASICs cost estimated to be about $1100, there is going to be $300M cash in the first year when they mine! This $300M is based on gold price at about $3000. So all those lenders and investors would want to rush to sign off the project so that they start minting money soon and so are the shareholders too. Since the first RNS that came out in July about the finance structure for funding, SP went up by more than 40%. Remember that banks already signed off $250M funds. We also know how the remaining $100M is being funded.. So the minute we get sign off this will explode to 2p for starters and should climb from there on. GLA

Nice close guys!

Another day closer to the sign off and we are getting close to 1p!

Everyone can see that the market cap is still very low £81M considering where we are with the progress!

Even at 1p, mcap is just £93M.

We should see 1p and over this week at some point easily.

It would be nice if we can do .90! If not today this week at some point it should hit .90.

We are too undervalued compared to other companies like SOLG, EEE, WSBN etc. They are much behind KEFI in getting ready for the mine production but still their market cap is way higher than KEFI.

As per the presentation last week, NPV is valued at 14p!

We can atleast do 1p for starters! GLA

Fantastic information Drewton about the preference shares! Thank you

Exciting time next few weeks!

We are already in the trending list of this LSE site. Hopefully we do a 20-30% rise next week. GLA

Great find Robjm66 about Akobo minerals. It is a testimony to prove that Ethiopia is fully supportive of the hole investment in the country. I have confidence that KEFI will pass the line this time and gets ready for production.

Meanwhile MrH and his master traders and makers have already missed 40% rise since August. MrH still believes he an his mates are the best :-) what can you say!

If you compare KEFI with other miners we are very much undervalued. Look at WSBN, it already is at 70M+ even though there is no drill result yet whereas we are miles ahead to them. Look at EEE, they are yet to come up with MRE and not close to production as we are and neither SOLG but their market cap is 400M+

We just need that sign off RNS and when it does, this should explode. From last month August we did a 40%+ rise from 0.54 to 0.83. As long as we have regular updates from Harry, we should do very well. With positive updates this will explode. Wonderful presentation from Patrick on the asset updates and the progress on Tulu and stating NPV as 14p just based on Tulu. We are very much undervalued folks.

That presentation was excellent. We are way too undervalued at 0.82p compared to the NPV of 14p!!!

That is a massive 1586% re-rate due if all things fall in place.

14p is just based on Tulu Kapi. Include Saudi assets, it is much higher!

Before the 1586% rise, we can do 50% - 100% easily before then as we get closer to sign off!

Have a good weekend guys!

Well done to all those that held tightly!

Sorry for those that sold listening to the tool

He is still dreaming of a RNS after hours on friday :-)

He exposed himself clearly with his false narrative since the beginning of this week.

Best to filter him atleast now

Onwards and upwards!

ATB

After coming this close to the financing deal and with the roads laid out as per the presentation, I don't see the plans derailing.

Ethiopia govt as well is keen to bring the investment into the country. The key is getting the financing deal signed off and I expect this to be completed, which should immediately increase the company's market cap. Another few weeks or earlier for the signoff. I topped up another £2k worth of shares as soon as I saw the presentation today. Ignore the trolls. They know nothing new than us. Just desperate to get in cheaper or want to close the short. Hold tight guys. GLA

Good to see you here NuckyT! Hope this brings returns like RR!

All my shares are in blue today except for this one.

KEFI is another one that is very much undervalued. They did a nice presentation at Beaver Creeks.

NPV estimated at 14p but current price is under 1p!

KEFI is another one guys that is very much undervalued. They did a nice presentation at Beaver Creeks.

NPV estimated at 14p but current price is under 1p. Sign off expected before Sept end.

Tim is ramping up with his interviews. Most likely to push the adamant would be partners to do the best deal before more companies line up!

One or the other deal is sure to land at some point!