Member Info for stringer01

Hi Blonde-ad, in terms of a buyout offer for EMH's 49% stake I would expect about 50% premium to the VWAP in this case 25p at best possibly less. This would be in line with the average buyout premiums offered to non revenue generating junior miners.

For me I just can't see how this is commercially viable with a mine build cost of near 1.7billion euros. And sustaining costs over the life of mine @ $498m. These are eye watering sums and I can't see it being built. If only cinovec were in Africa it would cost a fraction of this.

@LuckyLaurie, just read your post there let me ask you a question if CRMA status is as good as you say it is why is this mine still not been given permits EIA etc asnd now has to go through seemingly further endless consultations and discussions? Clearly CRMA project isn't worth the paper it's printed on.

Looks like it's about to blow. A leak maybe?

I can only assume that the sp is lifeless because a long history of missed deadlines and extensive delays, correct me if I'm wrong.

And might be £76m by the time this sale completes. Whenever I see the words 'conditions precedent' I run a mile.

Will it be this month you think? could be.

So everyone agrees this is going to re-rate. I have a few others on my watchlist are also on the verge I just wish I knew in which order, I'd be a very rich man.

@LukasK So what do you think the catalyst is for the sp? seeing how badly discounted it is right now ans has been for a long time.

Could the granting of the EIA be the catalyst? Funding is already in the bag with the 360m euro grant.

All this time taken for a 50% gain.

Alot to look forward to and not long to wait as already in pre-development stage. If all goes to plan NEO's mc shoul hit £300m.

It's also important to note the market probably wants to see the funding package size and structure for refurbishment of the beatrix 4 shaft,. Specifically equity/debt ratio.

No mining licence for henkries and more importantly regulatory approval for the aquisition of beatrix 4 shaft still ongoing. That's why mc is where it is, it's not yet crossed off enough de-risking events. With regulatory approval I can see this spiking massively.

@****zey, for your information i don't hold any shares, waiting and watching timing, as they say is everything. you should get a hobby pal instead of infesting this board with drivel day in day out.

Then it'll be permit delays then offtakes etc.. etc.. etc... This has great potential but anyone buying in now is a mug just too early.

Doesn't apply to KEFI, it only happens when institutions buy shares on the open market as opposed to the CEO printing shares at a huge discount then flogging them off to institutions. Yes the management have delayed any significant sp rise for atleast 18 months.

I agree 6p at production start, any earlier is wishful thinking.

LOL what desperation. Face it this is going sideways for along time.

£1.50p that's a bold ramp lol. How did you reach that lofty prediction?