Member Info for UPshunt

Good choice Mithrel, let us see if your 140m votes get registered in Aussie.

Perhaps change the company model.

Legal fees are far too high in the UK, and with judges not happy to give companies back what has been taken from them prior to going under, well make make sense for Mano to slowly diverse into something like import export.

Lots of paper work so everyone keeps their little job.

Well it would just be nice to know now and then what Poulden is doing in his retirement. No RNS and if you look at the website, well no action there, just a little star saying as of Dec 2024 after the £250K fundraiser. Lucky I am not deep in this somewhat dubious outfit that don't do anything with their potential.

How did a whole thread get deleted this morning.

It was a quiet polite discussion about fundraisers, but titled something like Setting Sell Limits.

I bet there are a couple of HAA supporters here that exactly know where it got to.

No idea which paper you are reading.

In the Ethiopian Capital HA manages to get through and interview where he is now saying the fundraiser is worth $15m . How does £10m equate to fifteen million dollars. Oh I get it over egg his ego to an African newspaper in the hope they can't do the maths. 1.9bn shares at .55p is £10.45m which is £10.1m after expenses which on 23Dec date of interview, pound was worth $1.25. Boom we have raised $12.6m dollars, if Kefi punters vote through the conditional fund raiser.

You wonder why people feel short changed?

Think CPX has been in and out the incubator since 2006.

The decision to take on Maxwell who had access to Musk money backing the case was the wrong one.

A slow recovery would be great.

Some news would help.

Thanks for confirming some of our thinking before Xmas.

However KEFI don't get to count all the votes so the major shareholders like HAA and whoever else, perhaps some of Harry's fan club on here will make sure the conditional fundraiser goes through.

We are just like protestors having a little demonstration against Harry's game (not the 1970s novel). All a bit sad really. Perhaps some of the punters living in Aussie will tell him he is a cold hearted ar$e during the GM.

Knowing the conditional fundraiser will be voted through, did HAA have a big party or just small round of fruit juice before jetting off to family get togethers?

I have already voted against the capital raise and this morning was trying to remind myself of the deadline for voting. While following my nose I notice that the company is publicising this as an AGM, however this is just another ordinary meeting to shovel some fund in the direction of the directors.

https://www.kefi-goldandcopper.com/files/announcements/kefi-circular-notice-of-agm-website.pdf

Ah yes I see in the document above it is the 30th Dec at 01.00am the last day you can get your votes. Best to vote today before you forget.

Happy New Year.

Doze this simply isn't true.

Had you followed my correspondence for the last four years you will have picked up on the support I have for involving the local community in decision making.

I was happy a school had been built at TK, all be it not for that many children, but I campaigned on here for a large fish pond to be dug while the mainly redundant digger was kept in a back shed.

Especially as Ethiopia can have prolonged drought, a large fish pond might be required in the future to irrigate crops. This still could be achieved while HAA is frittering away his time looking at other areas for licence and drilling.

Assuming tghe area population will increase with workers arriving to help construct or work long term for the company, it would be useful to have a hospital available for casualties over the lifetime of the mine. Had the last fundraiser been going to future medical care of workers and families I would have supported it, but once HAA has taken out all his salary and bonus you don't get much left.

Doze it is my thorough research that helps punters buy into shares when there is a real chance of profit.

I warned folk of the last fundraiser, and I have already warned folk of the Santa Slump.

Take it or leave it, ratification of the shoddy AFC won't make any difference to the price, money passed to Kefi by them will.

Try to focus Doze.

Happy Xmas Everyone.

I just chased through my emails to see if that sleepy AFC investment outfit had replied to my emails; nothing.

HAA might have been led up the garden path by the finance corporation on time scales, something he himself is a master of muck in.

Sorry Kefi investors we are going to have to put up with a Santa Slump.

You can imagine HA whinging that he had got one bank to approve and the other was just about to and oh he had launched a mine in Ethiopia with some photos of him teaching locals to paint. And because he was going to miss STI 1 and all the other STIs most probably life wasn't worth living. He then put a chair up to the window of the 1st floor building, stood on it and cried down to the pedestrians below to get out the way.

Immediately the board signed off his retention bonus and pulled him away from the impending drop.

We can only guess how these men's minds work.

Morning Bks, just thought I'd check that the 285k bonus was legit.

The Share plan incentive STI bonus was suppose to be 400k per officer, however they didn't get the 1.5p target at the time of credit approvals for 5 consecutive days. However the board must have voted to give them both a retention plan bonus totalling 285k. Also Chief operation officer got 50k for helping the credit approval along, I assume as part of the original retention bonus plan.

As no STI level 1 was paid then they are going to find it difficult to argue STI 2 can be pocketed if debt disbursement goes ahead in 2025 and the Share price hits 3p, due to the wording of the Modifications to STI Bonus Plan. I expect because they have completed lots of share issue fundraisers they will just get the retention plan bonuses.

Personally I don't know how they have the nerve to accept any retention bonus, but they are who they are.

It's getting a bit late for intra day RNS but I think we can rest assured that any RNS on Monday will be a bit bland.

Perhaps a short note on holdings, where HAA has gifted one or two of his many cousins 100m shares, well because he can.

Some good news for Xmas shoppers. Aldi is the cheapest on cut price veg. 2Kg of spuds 8p and like for like Tescos packs of veg are 15p.

Amazing for the price of 16 of Kefi's shares you can get a bag of spuds.

Well if you can find anyone to swap with.

I am not giving away my veg.

It might make sense to buy into KEFI after the AGM when our little will have over 9bn shares due to the obsessive fundraising required by the BOD.

The odds are that any sign off won't happy until well into the New Year (Think of the multiple pump and dumps over the years due to misleading time scales put about by HAA.

I mean correct me if I am wrong, but we had just under a 10% drop below fundraising strike price of .55p in December.

This dip in enthusiasm came about due to investors looking at the potential disaster for yet another fundraiser. And of course we do have the conditional placings to go ahead.

This is Great News for MANU because if in January the share price hits around 0.45p he is going to double his holding.

Are you sure he hasn't stopped off in Dubai and spent a few quid with his mates.

There is tax-free shopping there, so anything he buys for his family and extended family means he will have saved himself a fair bit.

At least HAA family are going to be happy this XMAS.

2022 Poor Lord Leigh at this time grabbed 38k of shares at £2.51p/share.

If he is reading this, what a good opportunity to get your average down.

Happy Xmas.

Still no reply in my inbox this morning from the Africa Finance Corporation as to when they will have their membership ratified.

Did HAA make sure he filled out the application forms properly because he doesn't check Kefi website and people must be irritated by his lack of attention to detail.

https://www.kefi-goldandcopper.com/investors/capital-structure

Also the last paragraph on that page is meaningless.

I think that is what is p$ssing off KEFI investors. We invested years ago believing we would get the 1st bite of the cherry. Harry said we were going to be 1st. Allied spend five minutes in the Ethiopia, by comparison and their construction has begun.

If Greedy HAA hadn't gone begging for more money so he could have a super sized salary this year we might have started building a mine.

Well I am not here to be popular, and I have seen my holding watered down for years and years.

The thing is you want to believe that progress is happening and then you get a big rock dropped on your head.

Further to this little piece of hope that 'ratification for AFC in dealing within Ethiopia is about to take place'.

Well I have written to the Nigerian based AFC investment outfit multiple times asking them when they expect it to take place and they just can't be bothered to write back.

I fully sympathise with HAA having to deal with such a bunch of poor communicators. Surely there must be another outfit we can go to and borrow say £150m. I think if myself with all the other money promised could commission a mine in Ethiopia with a couple of hundred million and take out a sizeable chunk of metal.

Come on HAA hand the keys over to me.