51 days ago
The executive chairman of Kefi Gold & Copper (KEFI) has no idea quite how much ordinary shareholders who have risked their capital despise him and his cronies on the board. The last time a Kefi director actually bought a share was in 2022. In 2025 I’d wager that Harry "trough" Adams enjoyed a total package of more than $1 million and it will be even more thus time around. Just to rub salt into the wounds after diluting we mugs by 25% with a placing he said just 10 days prior was not needed… its option time.
4578 days ago
Schumpeter was an economist of a Marxist bent and thus his thoughts can neatly be summarised as those of a prize loon who was wrong on all counts. But his concept of creative destruction can in a variant form be used to describe the beauty of capitalism and that brings us to what looks to be a cracking deal for AIM Listed Kefi Minerals (KEFI) announced today. I met up with the Kefi team yesterday and was made an insider and so have had time to ponder.
The main guy at Kefi (no offence to non exec Harry Adams) is Jeff Rayner who I first encountered donkeys years ago when he was a geologist at Gold Mines of Sardinia. He is a solid chaps who quite obviously would rather be chipping rock samples in the desert than talking to City tossers. But unlike rather to many geos he also has a clear commercial mind. Jeff runs a business not an academic project.
