I did indeed. Headed to live chat. I know the auction time was 11-2 but Iād put in my buy at just before 1. Was a long 63 minute wait but live chat escalated it and my buy went though (lower than I had originally been prepared to buy, so happy bloody days )
Was a stressful old hour but over in now. Biggest buy yet and things are looking good
Hi Phil, what makes you think this?
I have a very minor position, up more than 100% though. I didnāt invest more because even though I did some research it wasnāt as in depth as I like it to be.
Basically the financing should* be sorted October so could be a nice jump soon.
Iām expecting Monday an RNS re the Saudi project
Kefi Gold and Copper (KEFI), which at 2.41p is valued at Ā£33 million. I focus on its 2 main projects. In Saudi Arabia we will within the next two weeks get a Preliminary Economic Assessment of its Hawiah which will give us an idea of its value. Kefi will have to raise just $16 million to get this mine into output within three years and its stake is 34%. Boss Harry Adams made it very clear in my 9th episode of my new 3 hour video shows that Hawiah could be worth far more than the Tulu Kapi gold asset in Ethiopia. My guess is that the PEA will steer towards an up to $200 million value for Kefiās stake. Now compare that to the current market cap and see why the PEA could drive a massive re-rate. Then there is Tulu Kapi. Kefiās stake is 45% but may rise to 50% as financing talks conclude. Using a $1300 gold price, 45% of the mine has an NPV of $93 million. So what is it worth on 50% and with a $1500 gold price, which is hardly reckless? I suggest closer to $200 million than $100 million. In that video Harry said financing will be finalised by early October and that will drive a big re-rate too. So there are two big catalysts for a re-rate which based on fundamentals should be massive. This stock - of which I am a loyal holder - should be trading at c5p and within a month it very well could be as the market wakes up.
The auction call period has been extended in this security by 5 minutes.
Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual securityās auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today.
The applicable percentage is set by reference to a securityās Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices
Second Price Monitoring Extension
A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes.
Following the first price monitoring extension this security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution today. London Stock Exchange electronic order book users have a final opportunity to review the prices and sizes of orders entered in this security prior to the auction execution.
The applicable percentage is set by reference to a securityās Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices
@phildawson Iām too deep into GGP now (got the fella and his money involved )
Defo be keen to follow a thread though if one is started could you tag me.
Yeah please keep non-GGP discussions in a separate thread please.
Keen to know about other projects, just not in this 100% still in GGP, not ready to be distracted from it but will have an eye on other opportunities in future
Unfortunately, not. I reckon weāll have to wait until Monday, but good things come to those who wait Buzz on Monday morning to take away those Monday blues @CeeGee
I know Freetradeās updated which surprised me as usually T212ās is more accurate for closing prices than Freetrade, but this time the opposite.