When Amaroq (AMRQ) moves from the AIM Casino to the main market its market cap means that it will go straight into the FTSE 250 Index which will mean that there may be a bit of buying by Index funds but there will certainly be buying by funds that would not buy shares in a FTSE Small Cap let alone a company on AIM. But could KEFI Gold & Copper (KEFI) also get into the FTSE 250? Do not laugh.
Having taken a few more shares in AIM-listed Kefi (KEFI) - through
gritted teeth - in the recent placing at 1.2p with a plan to offload at 1.5p (a
tasty 25% gain in a matter of days) the shares hit 1.5p yesterday – indeed,
slightly higher. So what did I do?
Today, of all days, it is hard not to be enthused as a gold bull as well as nauseated by the climb down of Trump. Naturally my colleague, the spiv Nigel Somerville, is delirious but he is also, I think, fartoo harsh on Harry “Trougher” Adams and Kefi Gold & Copper (KEFI)
It is time to get out your Yiddish dictionary again. Not only is Kefi Gold & Copper (KEFI) boss Harry Adams a farshtunkener but after today’s RNS we can also call him out as a shmendrik. The company has announced a GM to approve the issuance of shares in the discounted placing that the wretched Adams said, in an RNS just 10 days before it happened, was not needed.
First up I was told that Kefi Gold & Coipper (KEFI) went on a non placing roadshow organused by its broker, that the fund managers loved the styory so much that Harry Adams just had to go back on his word of 10 days previously not to dilute and so screwed his investors. Now Harry is telling folks he had to raise because of the War. If in doubt blame Donald Trump. The interview below with Bad Al Ford of Vox Markets is dreadful. The sooner Kefi boots Adams upstairs the better.
The WRAP Retail offer in Kefi Gold & Copper (KEFI) was, we learned today, about 75% taken up. So spivs like Nigel Somerville get everything they applied for but it is clear that many folks shared my disgust at the mendacity of Harry “the shyster” Adams and opted to say no. I think the shares are very cheap but I cannot stomach buying any more. Alongside the placing and WRAP offer there are other shares being issued.
As Tom Winnifrith repeatedly reminds me, and I self-confess, I am a
spiv with regard to AIM-listed Kefi (KEFI). I was itching to sell a large chunk
of my holding at 2p a few weeks ago but the share price never quite made it. I
wanted to sell around half because it was too large a portion of my pension
fund and, frankly, I didn’t trust ‘Arry. This week saw yet another placing at
just 1.2p with a retail offer attached. Grrr…..
I wonder what Harry Adams’ total takings from Kefi Gold & Copper (KEFI) will be this year. As we muppets who put our own hard earned into the shares consider yet another shafting and 28% dilution I will open a market on ‘arry’’s total trough in 2026: salary, pension contribution, payments for working more than 4 days a week and bonuses. My spread is $1.2 million to $1.5 million. Put your guess in the comments section below.
He follows me. He has 29 followers one for each bit of his IQ. Anyhow troll Pooh Bear wants to make a bet about Kefi Gold & Copper (KEFI) and my share dealing. So I said how about we make it for a million quid? Do you think he’s up for it?
Harry Adams has not posted on LinkedIn for more than a year but I see that our great leader at Kefi Gold & Copper (KEFI) has just piped up stating
A latest “Tulu Kapi Update” announcement from Kefi Gold & Copper (KEFI) sees Executive Chairman Harry Adams and co. still seemingly trying to manage ‘defeat’ despite being so close to ‘victory’. The shares have currently responded down a bit over 3% to 1.55p but the positives in the announcement suggest that ‘victory’ will be secured (er, quite soon)…
I am a loyal shareholder in Kefi Gold & Copper (KEFI), believing that the shares, now 1.77p will be 3p or more well before Christmas. With the gold price surging so should its shares be surging but if there was an Olympic sport of shooting with the target one’s own foot, Harry Adams would be taking home gold for Australia
The same sort of folks who used to send me panicked emails when Kefi Gold & Copper (KEFI) shares were 0.45p are sending me them again today. Back then it was to ask if that deranged old coot Magna Carta was right and if the shares really were going to 0p. Today they are 1.845p but still my computer is picking up the smell of knicker wetting.
The video below is partly some crazy old coot yacking on about gold and the second half is the crazy old coot chatting to Harry Adams at Kefi Gold & Copper (KEFI) who seems more relaxed than I can remember him being for years. Now allow me to dream.
Kefi Gold & Copper (KEFI) has great news. The Ethiopian PM has attended a ceremony to mark the start of works at Tulu Kapi. This project is real with strong political support which is emphasising it as a “prime example” for Ethiopia’s natural resources. There looks much further projects fundamentals upside from a currently up to 1.975p share price.
Kefi Gold & Copper (KEFI) should be issuing an RNS. Crazed loon Magna Carta should be bringing his donkey to Wrexham right now. Tulu Kapi really is happening. The Prime Minister of Ethiopia has sent the X post below complete with pictures. We are underway. The shares, now 1.91p, are easily worth 6p on fundamentals within 2 years as I explained HERE at the weekend. Now for that RNS...
I said yesterday that I intended to take my own medicine and offload a decent chunk of my holding in AIM-listed Kefi Gold and Copper (KEFI)
if the shares see 2p – possibly as soon as next week. Tom Winnifrith questions this, wondering what I might do with the money and what other share offers such tremendous upside, given the necessity for me to invest like a twenty-something
year-old rather than someone with retirement not too far out of sight.
AIM-listed Kefi Gold and Copper (KEFI) has had a good week.
Amidst the gloom of an ongoing correction in the Gold market, the shares have
raced ahead from a shade over 1.4p at the start of the week to close last night
at 1.85p – good news for Kefi bulls, and great news for a Kefi spiv like me!
