|16 Oct 2014||mostyn||This looks like the price has bottomed, especially as gold has looked better recently. It looks cheap at this price given that we are on the road to production, and that there is still plenty of exploration upside. The sp looks to be affected by the fact that they have said they will need to raise equity finance, but I can't see them wanting to (or needing to) raise cash at this level when... read more...|
|16 Oct 2014||hairyback2||the devils in the detail...............that is VERY GOOD news,if there is even a possibility that any cash placing will be mitigated by streaming and/or a JV.
market should like that when confirmed
HB read more...|
|16 Oct 2014||n_w_b||New presentation out today, with plenty of new bits :
"• In Ethiopia: 95% of KEFI Minerals Ethiopia (KME) with Govt 5%. " - I thought they only got 5% on approval of the ML?
"Focused on deposits in the highly prospective Arabian-Nubian Shield. Projects in Ethiopia and Saudi Arabia with huge potential"
"TK initial plan EBITDA ave. of $42-45M pa for 11 years from 2017, at $1250/oz. IRR... read more...|
|16 Oct 2014||n_w_b||Beaufort Securities
Kefi Minerals (LON:KEFI)
Kefi Minerals provided its quarterly update for the three month period ended 30th September 2014 and additional post-period events. The company’s flagship, Tulu Kapi project in Ethiopia, reported a JORC compliant resource upgrade of 1.9million ounces at 2.51 grams per tonne (g/t) from an independent verification. Moreover, the company... read more...|
|Mon 16:49||bikersteve||Jeff heading back to Saudi to find more gold!
http://www.brrmedia.co.uk/event/127670/partner/lse read more...|
Have you ever been a long term investor. Look at the Tulu Kapi project financials. This isn't about where the price will be tomorrow or next week, but where the price will be in 12 - 18 months. If the price isn't very substantially higher at that time then I'll be happy to admit I was wrong. read more...|
|7 hours ago||hairyback2||memory like an elephant that man.
also remember harrys comment re the eth approval bod who said that if harry had walked in there and then with all the reactivation docs he would have signed them immediately....................so probably isnt too far away from now.
note to self - must seperate that comment with the KSA INEL which was 'very,very close' in march
HB read more...|
|8 hours ago||n_w_b||Mark,
From the Minesite presentation :
"The Government didn't want to read a whole DFS again, they just asked us to put in independently verified changes and we've done that"
|15 hours ago||love it||Yes thats massive 2.5 million bought in 30 mins?
If news hits now that would be a little strange!
Wish I bought mine at that price lol read more...|
|15 hours ago||mostyn||Looks like we might be starting to generate some interest. More buying today than for the last few days put together. read more...|