Member Info for UPshunt

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.

Shalamar, try to be more positive.

Today because the market doesn't trust the BOD the SP has fallen considerably below the 0.55p fundraising price and loyal investors can pick up a few million shares so they can average down their holdings they happily bought or were given at the beginning of the month. This was the initial 1bn share issue and application to AIM.

Every Cloud.

5Cs you can just tick the recommend button so you can flatter your good buddy.

What is a shame is this website doesn't have a vote down button to indicate a poster is texting irrelevant stupidity.

I am fully prepared to be wrong if I am getting voted down.

Most LTs will be aware that 'on the cusp' has a different meaning when used in relation with the Kefi outfit.

𝙊𝙣 𝙩𝙝𝙚 𝙘𝙪𝙨𝙥 real meaning by Kefi CEO and faithful followers - 𝐈𝐧 𝐭𝐡𝐞 𝐬𝐡$𝐭, 𝐤𝐞𝐞𝐩 𝐛𝐥𝐚𝐦𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐨𝐮𝐛𝐭𝐞𝐫𝐬 𝐚𝐧𝐝 𝐭𝐡𝐞𝐧 𝐛𝐥𝐚𝐦𝐞 𝐭𝐡𝐞𝐦 𝐚𝐠𝐚𝐢𝐧.

Packed with Xmas shoppers, problem is getting enough staff to operate the tills, ques are far too long.

Well 😂 5Cs

Your words just under a year ago below. Did you get caught short when you posted this cr&p or was it just wishful thinking? No doubt you must get briefed on the pump and dumps from company advisors so you still have your original holdings.

𝐉𝐚𝐩𝟏𝟗𝟗𝟔, totally agree and i suggest dont wait too long mate, w5e know Kefi now have a seat at the top table and are expected to get final sign offs shortly.That will put rocket thrusters under the SP to say the least, the money just raised in this difficult market shows extreme confidence for those privvy to the project and puts Kefi in a strong position with their partners. On sign off im expecting a swift move to 3.6p+ up to 4.2p region and maybe settle between those levels.

Thanks BKS, I was wrongly averaging out for the past five years.

So shareholders can still vote against the conditional remuneration shares before the AGM in the hope a few more votes get counted this year.

You'll see in the agenda that the company is issuing 145million shares to help two of the directors. This is equivalent to £800k at a share price of 0.55p.

If shareholders believe the man has been worth the millions that he has been paid then go ahead support him. My belief is in the last decade he has just fleeced us and pocketed a fortune, using words like, 'oh but anyone driving this company is not in this for the money'.

Perhaps he could try surviving on the living wage like many people do so he can see his beloved project get off the ground?

Bonkers, it appears that HAA gets paid around £250 a year as shareholders have a majority at present to pay him this amount. The bonus is agreed as and when HAA feels he needs one. That Journo TW complained that the BIG BONUS HAA wanted if funding got across the line should have a threshold value attached to it. Greedy HAA disputed this but I assume the independent remuneration committee upheld the complaint, so now HAA might struggle to get that bonus if the share price doesn't hit 1.5p.

However I read from Jan 24 RNS he gets paid in shares as he appears happy and opportunistic that there will be an outcome.

Working Capital

. Additionally, the Company issued remuneration

shares to certain KEFI directors valued at £500,000 in lieu of cash for accrued fees and, during May 2024, the

Company issued shares totalling £1.4 million to key advisers in recognition of their services in supporting

various value-enhancing initiatives following the launch of the Early Works programme at the Company’s Tulu

Kapi Gold Project.

In 2022 for instance no bonus was reported in the final year results.

Bonkers, to be fair it is pointless highlighting anything to do with HAA remuneration as although LTs with millions of shares are voting against the proposals, it is simply that when you vote through your platform it is voting by proxy and conveniently the votes get lost in the wash.

The fact that HAA has been handed so many shares, he himself can easily tip the balance if there were to be any serious campaign to stop his gravy train.

Let's pretend everything is ok over XMAS and see what excuses pop up after XMAS for there still being no sign off for the funding now $50m more than previously asked for.

Have a happy Xmas everyone and don't spend too much cash as you never know where you can get it back from.

Yes the highly thought out wording in RNS might have kept HAA out of court but it also gives an open licence to punters like me to remind folk that there is always a fundraiser just around the corner.

Hope you enjoy the AGM I can't give it the time, and lets face it, anyone flying to Aussie just to count some votes will have wasted an air ticket.

Ratification works for me. I been waiting for the red balloon for over a week. African politicians are a bit laid back so I -

Really can't see it happen now till after Xmas.

2007 it was Peel Hunt, then some Stifel Nicolaus Europe Limited, Canoccord has just given this a boost.

Oh good we can dump this AFC that has been pretending for years to give us a loan and finally go elsewhere to find the money.

I agree STEBO is still working hard to keep the Kefi story alive.

However these share predictions are worthless, who knows who will sell what and at what price. The share price has historically been kept in the toilet due to the CEO not being very transparent.

The fact a fundraiser was required when he said the 'stars are aligned' must worry LTs who have been stung over a decade with him disinterested in steadily growing a company with some sort of productivity.

I am all for playing the waiting game, but once we have the money to build a mega mine, no one can predict how smoothly that will go.

With over 8bn shares and no doubt a couple of outfits like RAB capital(an historical event which helped HA chums make some quick money), RAB were in for a number of months and sold out on one of HAs many pump and dump scenarios.

True no one expected gold to go so high, but you do have to mine it to give it real value.

Agreed,

But all that work to get a sale of White's assets only for another work load to cancel the decision for Mano to grab Whites pension. And now Lord Snowden hands £85k to White's lawyer who was working for free?

Be interesting to know if White was now living in a caravan while partying with his best friend every night somewhere. No chance of appealing this £85k costs, considering there were a sloppy judgement in the 1st case?

Hardly a paradise, UP fifty pence down fifty pence.

If it hits £6 then I might join a pump and dump.

No one said consolidating just make the daily drops even larger.

I am wondering why if there are impressive gold grades near the surface at Red Setter, why arn't any parties talking about a small production operation?

Wouldn't it be great if he was, and he took a shovel over to TK and scratched a nugget out of the earth.

Can only dream.