Member Info for the_shareminator

Elgor - I wasn't implying the resource is small. I was simply stating if HUM acquire the assets here they will not develop Sanankora as a standalone mine. Like I said, without HUM this is just another explorer digging around in the dirt and there are dozens listed across the international markets that have achieved little else other than establish a 1-2moz resource. Look at CNR. For all it's big funding investors it is still stuck in limbo. Some of those big investors have sold their positions entirely and others have come in to take their place. The real selling point here is HUM have a profitable mine down the round with another 4-5 years worth of reserves (pending LoM update). Bert like all CEO's and Chairmans will talk up their target sale price however it's all hot air a lot of the time. In reality many of these tiddlers are hostage to precarious financing deals, with HUM on board and pouring cash in there is considerably less risk for investors here.

This is about a risky play as you can get in terms of location and the fact it's an unproven explorer. The only reason why I would not want to be out is the fact HUM have devoted a significant amount of resources into exploration and I believe have strong ties with certain Cora directors. This is basically a future satellite deposit being drilled up right next door to HUM's Yanfolila project. If HUM don't buy out shareholders here through a merger then they may end up becoming JV partners. Either way I expect the share price will be worth 10p+ in the next year or two.

NoelShempsky it's not just Shanta, all London listed gold producers have been in the doldrums for a couple weeks now. Money has been leaking out the sector despite the news issued here recently with the $1.4m VAT refund and todays significant increase in reserves and resources.

Cookiecrew2019 it's been completely overlooked but I guarantee sooner or later interest will return to the sector and Shanta are making all the right noises at the moment. This is fast becoming my favourite PM stock for the year ahead with net debt likely to turn positive by the middle of next year. Also expecting HUM to outperform the likes of cash-rich / growth poor producers such as TSG and AAZ. It's all about the increasing output first and foremost, moving to net cash second and increasing reserves, dividends thereafter in my humble opinion.

I don't believe they need to notify changes until after a certain period following their purchasing (or selling). Majedie may have been actively 'trading' (for lack of a better word) either side of the book for a while now, effectively creating demand / supply to sui their strategy. It seems an odd time to have settled for a reduced holding here though.

Rhodium piled on a couple hundred dollars to touch new year heights of $5825. I wonder when the company will adopt the name that best reflects the value here, Sylvania Rhodium :P

MJWtrader - Indeed comments here have next to no effect on the share price, especially when daily volumes are as high as what we have seen recently. Yesterdays incessant ramping is testament of that. The Saudi exploration update had little effect either. The journey is still very much in it's infancy so I expect sideways movement until the next update, hopefully with news of funding.

12/15p is another ridiculous shout here. £120-150m for an early stage developer that will have a 45% stake in a 140koz producer 18 months from now is plain wrong. Look around at peer producers AAZ, HUM, TSG with their 100% owned stakes, profitable cash-flow and in some cases cash pile. If we are at 3p by Christmas then I'll be merry, otherwise I'd expect the share price to settle in the 2.5p range following release of the $11m.

There may well be a special dividend announced in January like earlier this year. It was around 4p per share last time which is a yield of about 6% if you're buying today, not bad and in all honesty it should be higher this year as the gold price, output and revenues have been much improved.

dsrt2012 - The market has risen in anticipation of receiving confirmation of the initial $11m from ANS having been transferred to TKGP triggering project development. ANS will then drip feed the remaining $27m over the next 3-4 months (possibly longer now as this stage was originally due to complete by end of Q120). The $160m bond financing package details may well be finalised and signed in this period but aren't expected until around the end of Q120. If the bond is signed off in the next three weeks then that will be a surprise!

Yeah not such a big man as I thought.. "rumbled?"

You needed 4 posts to write that? Do you need my approval of todays update? Grow up! If you bothered to read most of my posts in the past 24 hours have been in response to a number of ill informed posters. I certainly haven't 'deramped' as you so eloquently put it. I have realistic expectations that you don't agree. 1.8-2p pre funding news I've said it for a while now. So climb back in your hole.

As for todays update, you're just fishing for some informative analysis.

Do you want to post the details? You seem to know how many I sold and how many I have left remaining

Of course if I believe this is topping out around 1.8 - 2p pre news I am going to take a more cautious stance. You, in all your wisdom perceive this to be negative as it doesn't fit with the majority of one-line ramps being reeled off here. Why don't you ever post your own analysis? It seems to me you're quite happy ridiculing others with an opinion and giving the generic brain-dead ramps a free pass. So excuse me if I don't take you seriously. HUM was mentioned by the cretin Starfish, go and look back at the comments. I simply pointed out that fact after he or she had done it.

earthling - I am going to put you straight because you were out of order last night with your lies and snide remarks. If you bothered to read the comments yesterday you would have seen it was Starbuck911 who began reposting comments I had made on other chatboards, that were not related to KEFI at all, for no apparent reason. other than to contradict what I had written here. He deliberately changed the contents of one post to 'posted in KEFI', so you can all decide if that's something you should be proud of 'upvoting'. I mentioned HUM in a followup post because that was where I had originally posted the content. Doesn't take a genius to say the kind of dishonest behaviour being displayed here now. Vultures trying to discredit long term investors in an effort to drive this up as much as possible before news lands.

So if you want to apportion blame to anyone for ramping HUM you need only look to that cretin! Of course I am not expecting you to be the big man and see the error in your ways. T

Back on topic the share price is not up another 60-70% today. It did gap up on open as expected and interest is still high so maybe it will test 2p again later but for the most part it's behaving as I and a couple other folk predicted.

Curious indeed, from what I can make from recent events Majedie have been drip feeding sells in the market for weeks (possibly even months now). They recently finished reducing their position in HUM down to 4.27% and they now hold 4.68% of SLP.

Thanks to Visitor for highlighting their holding as being 5.77% just a week or two ago as noted on the SLP website before it was removed. That may have been a premature change which prompted the swift removal. Now we have the TR1 we can expect the correct holding will be added at some point.

Rhodium propping prices up near highs as Platinum and Palladium cooled off today. Share price faring better than other PM stocks recently.

Starbucks not sure if you're trying to discredit me by reposting some of my recent posts. Just so you know I stand by what I wrote in each of those you posted. In fact one of those posts is related to Hummingbird (HUM) not KEFI which is an African based gold producer I've been invested in for 2 years or so and has experienced a fair amount of trouble in that time. It's in an interesting phase right now benefitting from higher gold prices, higher output and better margins than the first half of the year. But I'm not sure why you felt the need to repost that here..

"The market needs to wake up!

£95m market valuation for a company soon to be in net cash position (debt free by H1) and capable of 120koz production with about $600/oz margin at current levels."

Starbuck911 - I'll reply in the hope you might learn something rather than post belittling remarks. The market is made up of all sorts (including us) so individually our decisions have little effect but we are ultimately the market. A bunch of new people have turned up (not sure how recent you are) and begun spouting nothing but nonsensical ramps about 8p, 10p etc.

Some of those people are now trying to silence debate about perceived value because I guess they don't want folks selling before they hit their own target. There are some here who aren't trading and only post occasionally but will know of what I speak. This has happened before on the KEFI board and elsewhere. Degsy and TaffEvans are two prolific rampers who move have a history of jumping in and out of penny stocks and ramping them for a few weeks before disappearing.

If the ANS funding is announced tomorrow anyone who reduced their position (including me) will simply make a little less money than they otherwise would have. I don't expect fireworks. A lot of value has been baked in short term. You're questioning what I do, why does it matter what I do if the financing is received? I am not asking you to disclose your holding as I don't care if you sell or not. All I am interested in is knowledgeable debate on topic.

earthling - you're accusing me of ramping again, quote me this time please rather than spouting hot air! I have been consistent for the past few months on where I believe this is heading short term.

You're offended by my questioning of new posters for their ridiculous ramps? Fine, you can filter me. But like others here who understand the recent volumes for what they are I am keen to add some balance to the debate.

Like I said earlier if the share price continues to rise I will reduce my sizeable position accordingly. If you want to put some spin on my posts to try discredit me, more the lesser man you are. It's clear from the strong finish today the share price should continue higher tomorrow morning and I'm sure like many astute investors they will consider how best to manage their own portfolio. But don't accuse me of deramping when I am very clear in my own mind about the value of KEFI's holding TKGP right now, on the eve of the initial ANS funds being received. Experienced investors will recognise volumes are uncharacteristically high in the past week or so which is having a squeezing effect on stock.

Don't worry I will be here long after all the rampers have scuttled off.

Starbucks - 90 m revenue? A company with 1.5 billion in assets? Wrong. I suggest you do some research. KEFI hold equity in a company that has gold in the ground, with very early stage development. That company are two years away from profitable cashflow and further out when it comes to repaying the loans and eventually benefiting from dividends. Neither do TKGP have the $160m financing bond in hand yet either. We are awaiting the initial $11m ANS payment. So yes £17m for where KEFI are today is pretty fair considering the company were valued at £6m less than two weeks ago.

NAV of 4-10p based on what? That's an enormous differential.

There are 973m shares in issue and I would expect that to be over 1 billion once the final £250k is drawn down.

973m shares x 0.0018 = £17.5m share price at today's close

Claiming the NAV is worth some £39m (0.004) to £97m (0.01) is simply not accurate and no I won't bog off. If you can't have an adult discussion that's fine but your ramping isn't helpful for anyone except newbies who will be caught holding while you and your mates sell on the news.

The NPV (which is completely different to NAV) has been calculated previously and is not news to long term holders who worked this out when gold was trading at $1500+ weeks ago.

7-8p re. NFX earlier? You defo wrote 4p-10p on here at one point today. I have seen yourself and Degsy posting such one-liners elsewhere on these boards before disappearing. Looks like you're going to be sticking with us a while then if you're prepared to wait for 10p :)

Rebs438 - almost certainly will gap up after the close today. Last Friday the share price fell into the close, today the total opposite.

TaffEvans - dismissing my analysis and ramping '7-8p' without any reasoning isn't helpful. Explain why you think this is worth 7-8p in the short term.