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Kefi – shares for services are always an overhang and why issue them anyway if you were already fully funded?

Tom Winnifrith
Tuesday 24 March 2026

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.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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