SEFA

Shefa Gems Ltd

Basic Resources First-pass screen £2.91m

230/1000 Overall fit

AI beneficiary 35% 30

Operating leverage 25% 20

Valuation 25% 20

Downside protection 15% 15

First-pass take

Cash shell from defunct mining company (NIS 853k cash, negative equity) seeking software/tech acquisition. Zero current operations, negative cash flow (NIS -3,141k operating burn 2021), going concern doubts. Strategy targets leisure, finance, e-commerce, gaming, blockchain/CRM but not AI.

Flags

cash-shellno-operationsgoing-concernnegative-equityloss-makingcash-burnpending-acquisitionmicro-capno-ai