Tim Metcalfe

10 days ago

Letter to Harry Adams: hand back your bonus before Kefi peasants revolt and Ed has you for breakfast!

I have written to Harry Adams, the boss of Kefi Gold & Copper (KEFI) urging him to hand back his bonus paid last year as it is simply not deserved. Advisors to Kefi tell me that Harry thinks that his package of £733,000 for last year (up from £362,000) and including bonuses of £260,000 is fair and justifiable. He is 100% wrong about that as explained HERE and I have urged him to change his pay structure retrospectively as of January 1 2025 and to repay his bonuses.

4331 days ago

Ex Sefton Nomad today publicly backs my call to have the shares suspended

Some of the Bulletin Board loons out there seem to think that the City is on the side of Sefton Resources (SER) in its libel battle with myself and Dan Levi. Au contraire…our big name backers grow by the day. And today came a fascinating endorsement which should make Sefton supporters as well as its uber expensive bully boy City lawyers Pinsent Masons think long and hard.

I posted an open letter via video this afternoon to the AIM regulation team calling on it to suspend Sefton shares pending a full investigation. Heading over to LinkedIN (Facebook for grown-ups) I see that this video has been “liked” by Tim Metcalfe.

I am not sure if I have ever met Mr. Metcalfe but I know full well who he is and he is incredibly well regarded in the Square Mile as a good and honest operator. He is currently joint CEO of the highly regarded City Corporate Finance house Zeus Capital. But until last year he was MD at Northland Partners. And that is where he knows Sefton from because Northland used to act for Sefton as its Nomad until the two parted company.  

Why did the two firms part company? Hmmm.. The fact that Mr. Metcalfe likes my call to have Sefton shares suspended might just give you a hint. Fox Davies was Sefton’s next Nomad and it quit because it felt that Sefton was deliberately misleading investors. I already have the head of Fox Davies called as a witness in the forthcoming libel trial to testify to that. But perhaps there is a pattern emerging here? Do you think Mr. Metcalfe would make an interesting witness in the great libel trial?

Or perhaps now that the City is publically starting to back me the AIM Cesspit Regulation team will finally do something to end this farce once and for all and suspend the shares pending a full enquiry.

Tim – feel free to get in touch at any time.