FDR vs KEFI12 Aug 2025 10:25
20k worth of buys vs Kefi's 12k.
FDR literally hasnt even drilled yet. KEFI is close to announcing a finance deal and has a resource. This is what we are dealing with as investors in KEFI.
I think the re-rate will be dramatic once everyone has signed, but will be calmer after the dust has settled during construction.
Rio2 has just hit a market cap of £400m, 1.75 years after they got permitted with the smoothest mine build most have witnessed.
That's the kind of patience most will need to achieve the full gains here. I don't expect KEFI's climb to be as smooth but it should be similiar if the deal gets done.