Member Info for Winstonwolf

0.7p was my initial target just to confirm a technical breakout. If it stays at this level for a few weeks, a breakout is confirmed and the investor mindset can change with upcoming news. Hopefully they don't do anything mad to sabotage the momentum.

Https://www.tradingview.com/x/JVwlFrvQ

Let's see if they have the minerals to now finish this.

No more excuses after this.

Great news. I'd expect a break above 0.7p on this, which would signal to the market and "bigger" investors the worst is over and KEFI might actually leave the down trend its been stuck in for the last 15 years.

https://www.tradingview.com/x/f1x30fTG/

It's a good step forward before actually signing on the dotted line. That's the final catalyst for a tear higher.i expect ratification takes us to 0.8p and onwards as more news emerges.

Probably raise fund by issuing new shares, but by that point hopefully the share price will be much higher.

Rio2 did a placing after securing their financing package.

"Lycopodium is a consultant/project manager - not a mine builder."

To compare with Rio2, their current market cap is circa £250m, they have a heap leach mine and they are currently midway through construction.

For Kefi the equivalent marketcap would be approx. 3.5p.

...when we convincingly breakout about 0.7p. Then technically speaking there's not a lot holding the share price back.

https://www.tradingview.com/x/Nrdz7Sst/

I'd imagine 0.7p is reached on news of financing and up to 5p as draw down and construction progresses.

At first pour i'd imagine 7p wouldnt be unrealistic and at that stage who knows what additional fuel a gold bull market will add.

Good RNS and good that the sale of the Saudi assets might not be needed following this deal. Subject to T&Cs ofcourse but it appears all is lining up for construction in Q3.

But the ratification of it is.

I understand but this delay could really damage the cause.

If it were me i'd drop the second bank. Get a stream deal for 5-10% of product of the mine.

Get this thing going. You can be too greedy sometimes.

My understanding is that only a small portion of the gold is streamed to the streamer for the lower price, say 10%.

The rest is sold on the market as normal.

Couldnt they have got a good deal from Wheaton Precious Metals like Rio2 did?

Woud've saved all this hassle waiting for the second bank to be ratified.

"In the short run, the market is a voting machine but in the long run, it is a weighing machine."

GLA

Hopefully we get the news we all want in the coming weeks.

...KEFI needs to just wait to actually announce some real news.

But we all know the game here. It's AIM. Kefi announces what they can to hopefully get a share price pump with the view that a more favourable placing price will be offered in the future.

Even with the current gold price making TK a money printing machine, there still appears to be little investor confidence in these announcements. Therefore the issue is communication and confidence that they are being honest.

Happy to be proven wrong as i'm invested, but only so many times you can be told "its imminent" before you lose faith entirely. And as someone wrote below, if the government is indeed serious about making this their most valuable export, they should pull their fingers out and move heaven and earth to ratify the second bank.

The gold price has given the HOC share price all it's needed to breakout.

https://www.tradingview.com/x/ix9DZHr3/

I don't mind a balance approach to analysis of this share at all.

Positivity and negativity both have their place.

However at this moment in time i'm finding it frustrating to keep being presented with dates that constantly are being missed. HAA - How about shut up and update us when you have something meaningful to say? That's how the pros do it.

"The contractors in the syndicate have all reaffirmed their intention and readiness to enter into the already-drafted definitive documentation to enable full Project launch in H1 2024 as previously outlined." - 13th Feb 2024

The Art of the deal (for the rest of the world). Trumps real target was China.