Member Info for Strike123

Thanks Bear for the link! It is a fantastic presentation!

The presenter Patrick himself saying it is at bargain basement levels considering the progress they made and being at the advanced stages for the start of production!

NPV with $2800/oz gold is 14.8p! This is just based on Tulu Kapi. This is really at a bargain basement levels.

90s and then 1p before the September end easily and still mcap would be very much undervalued!

GLA

Just before last p3 trial in 2018, SP was hovering at 180p!

I have never seen DSRA being mentioned in any RNS. Just because it is not mentioned doesn't prove anything. The fact that bank has signed off for $250M indicates that all bases are covered. I mentioned previously as well that most financing from the lenders involve debt to equity or just repay the loan by the end of the tenure. Considering ASICs cost of $1100 and with current gold price going to stay at least $2000 above for sometime, KEFI can easily repay the loan and that is why lenders are happy to grant $250M and that part is signed off. You are just making up things and trying to project that there will be a dilution in big way due to financing but the last RNS was quite clear about how the finance is structured for the sign off.

Are you kidding me MrH? There is absolutely no way that RNS can be released missing out the full terms of the financing. You are just making things up here. They cannot omit any x and y about the financing. Company legals won't let them take that risk. Last RNS was quite clear about the finance structure. It is only you that didn't understand it! You missed the entry and now desperate to get in cheaper or wanting to close your short. Despite all your deramping SP is only rising further and further! You can see that your strategy is not working MrH!

Stringer01, just curious to know the income fund that you are invested in. What fund is it?

Tim made false promises since 5 last years saying this is the year for a major deal. Filing patent is a good move though and he is taking about multiple deals this time so hopefully there is substance in what he is talking. The phase 2 trials were successful but p3 failed and it was believed that it failed due to improper dosage and Tim could not find any partners to fund the trial again.

Tim and the team have not given up since the P3 failure. They seem to be confident with the data they have seen from the P3 trial. Let's hope Tim secures a good deal this time. GL

Considering other AIM miners this week and last week exploding on a positive RNS, we should see similar rises here with KEFI once signoff RNS lands.

With all the parties almost signed off, RNS should land soon.

SOLG with their $100M funding that is released in stage is now near $500M market cap.

For KEFI, with sign off and $250M financing granted, current mcap is way too undervalued.

That sounds like a good deal whereas GLEN acquired Teck's coal assets, which is a disastrous move.

I don't understand why GLEN did not aim for Teck's copper mines instead of coal?

BHP and RIO are left for GLEN to do any deals or may be eye at some gold producers but looks like no one is interested in GLEN...

RNS is very clear about the breakdown of the proposed finance structure.

MrH and his mates are desperate and working hard to talk this down with their scaremongering to buy in cheaper

This is very much undervalued considering the gold price to stay at elevated prices and low ASIC costs of $1100

Not long now for the sign off.

There is already another gold producer in Ethiopia that is Scandinavian based and producing gold with investment from Ethiopian sovereign fund so please do some research before promoting false propaganda and instability!

With 160koz of production, this will be valued much more than 1.5bn!

GGP with 90koz is valued at £2bn!

Plenty of upside to come!

MrH I think you are too tired to read the entire post.

You and your mates are confident that this is not going up so why are you so worried about this post?

Analysts are generally positive about KEFI Gold and Copper's valuation, with a consensus "Buy" recommendation. Price targets range from 3.90 GBX to 4.1 GBX, suggesting significant upside potential from the current share price.

Key Factors Influencing KEFI's Valuation:

Tulu Kapi Gold Project: The successful development and operation of the Tulu Kapi mine is a major driver of KEFI's valuation. Analysts anticipate strong cash flow generation and potential dividends once the mine reaches full production.

Gold Prices: KEFI's valuation is highly sensitive to fluctuations in gold prices. Higher gold prices would significantly boost the company's profitability and potentially lead to a higher share price.

Financing and Execution: The successful completion of the Tulu Kapi project financing and the company's ability to execute its development plan

are crucial for realizing its valuation potential.

Analyst Estimates and Projections:

Edison Investment Research projects that KEFI could generate average free cash flow of £88.2 million annually from FY28 to FY33 at a long-term gold price of US$1,794/oz.

Edison's valuation of KEFI ranges from 2.03p per share at long-term gold prices to 5.93p per share at current metal prices, potentially rising to 7.90p per share in FY28.

At a gold price of US$3,300/oz, Edison estimates KEFI's equity value could reach 6.21p/share.

Potential Risks and Uncertainties:

Project Delays and Cost Overruns: Delays or cost overruns in the development of the Tulu Kapi project could negatively impact KEFI's valuation.

Financing Risks: Securing the necessary financing for the Tulu Kapi project and potential future projects is crucial for KEFI's growth.

Operational Risks: Mining operations are inherently subject to various risks, including geological uncertainties, technical challenges, and political and social factors in the operating jurisdictions.

Overall, analysts see significant upside potential for KEFI's valuation, contingent on the successful development and operation of the Tulu Kapi gold project and favorable gold prices

MrH, you don't need to lose sleep over final $10M. It is peanuts in the grand scheme of things.

Is this what worrying since the weekend? :-)

Definitely the price is being controlled but still scratching my head about MrHumble Rumble. He definitely has a short open or he is working on someone else behalf. He is trying to discourage PIs by seeding doubts so that price doesn't go up.

KEFI mentioned that $250M is not via equity but via debt.

Only 60M is via equity raised via their subsidiary and the holders of this equity do not get any shares in KEFI but in the subsidiary which means no dilution for KEFI shareholders.

Most likely the holders of the debt might convert their loan into equity in future and they would do this only when KEFI share price can help recoup their loan.

Also did a AI search with following prompt -

"

Based on Sep 2nd RNS from KEFI, what is the dilution in share price of KEFI shareholders?

"

Here is the response -

"According to a September 2, 2025 RNS announcement from KEFI Gold and Copper, potential share price dilution for KEFI shareholders is primarily linked to raising equity-risk capital at the Ethiopian subsidiary level. The announcement indicates that significant direct dilution for KEFI shareholders may not occur, but indirect dilution is possible if KEFI's ownership percentage in the subsidiary decreases.

"

So my conclusion is that there is no dilution with the proposed financing. Atleast not immediately.

With ASIC costs of just $1100/oz max and with a production of 160koz and current gold price of over $3000, KEFI is going to make 160K*$2000= $320M in operating profit?

GGP with 90koz output is currently valued at $2bn+ so you can see how undervalued is KEFI!!!

MrH instead of your pathetic nonsense rumbling, show your numbers to prove why you are so negative about KEFI ?

In the latest RNS it is mentioned that $100M capital is from equity. There is a breakdown given on how the $100M is sourced. It looks like there is going to be a subsidiary from which equity will be raised? If that is the case then there is no dilution here with KEFI?

Last time I rode this from 5p to 180p. We could see similar move once they find a partner in the next 3 months. Tim says he is working on more than one deal so we need to see what kind of deal he is working with

"Great day here, those who are new, do not panic if there’s a small pull back, Imm is chronically undervalued and should be £50- £100m mcap on potential alone"

I agree Rookie1. Considering the interview in which Tim said he is working to get a deal done very soon and said not going to ask investors for money as he played that card many times. If he does a raise now then it is the end of IMM so he won't risk that now.

So the RNS about the deal would land at some point. This will go bonkers when it lands. With current mcap and the deal is imminent so this has potential to double from the current mcap i.e 10p

Wow! FRES at £20 now! Well done all that held these tightly.

I think it was UpDownFlat that mentioned £20 when this was at £12.

I sold at £10 and then bought at £12. I shouldhav, couldhav, wouldhav held these when I first bought at £4.55 something

anyways in profit now for nearly £8k

seeing gold price now above 3500, I think we will see 4k at some point so not tempted to sell yet!

where do you think FRES SP is heading to next few months?

Would there be NI on rental income through limited company?