|Thu 16:18||n_w_b||Fox Davies
KEFI Minerals (KEFI LN)
Mining Flashnote 20 November 2014
Tulu Kapi: Reviewing the Options
In this note on KEFI Minerals we have reviewed a number of options that the company could undertake to enhance the base case valuation. All of these valuations were derived with a flat gold price of US$1,240/oz, which was the spot gold price when the modelling was conducted and we... read more...|
|17 Nov 2014||rickyhatton||Some posts seem to see this as a production road from Leeds to London with kefi still in Leeds, because of the truism nothing is agreed until its agreed.
On the road to getting production (London) is 2m oz or $2bn+, all in costs to date including royalties of $844 for the 1m oz, $50m+ of valuable expenditure inherited from nyo and 500,000 oz of high grade underground mine and low grade heep... read more...|
|17 Nov 2014||hairyback2||i think we broke the spin around the M25 a couple of months ago...........its all coming together as long as we're not stuck in the isle of dogs !
the market needs to see the last element of uncertainty removed,and that is coming very soon.
is the TK ML likely to be passed or refused ? tick.
is the DFS likely to be better or worse than predicted ? tick.
is there more chance of a mitigated... read more...|
|Fri 08:14||rickyhatton||Thanks nwb, great stuff. They must have spoken to JR about this one would have thought, so figures are surely not solely wishful thinking. Would be good if kefi were able to factor in the additional 500k oz, including the underground mine, into the revised DFS. read more...|
|17 Nov 2014||estseon||"We are focused on the best assets in the best regions, where we see the most potential to create value for shareholders, areas where we have already established distinctive geological and technical knowledge and strong partnerships. We will only invest in mines and development opportunities that can generate strong returns and free cash flow through commodity cycles. This is reflected in the... read more...|
|17 Nov 2014||ifthecapfits||http://www.zerohedge.com/news/2014-11-16/eric-sprott-global-gold-demand-overwhelming-supply read more...|
|Wed 23:01||hairyback2||Ed,cheers,that's about the size of it.
The one 'benefit' of a horribly low SP is the extent of % gain on a modest upward movement in SP.
Half a penny = 50% for goddsake,and one would hope with some grounds that the ML award with or without a sexy DFS would generate enough sentiment to rip past 1.5p or even 2p.........hence my urgency to acquire funds as soon as.
In the interests of balance,I... read more...|
|Wed 13:02||silver surfer||Its tempting HB. Sod it, order in for another 500,000. :-) read more...|
|18 Nov 2014||explosive dreams||"If I had a grand on fitbug a few weeks ago, I'd have £34K now FFS."
It's felt like over the last few weeks the market has been doing its best to do the inverse of this to my Kefi investment!
Hoping we're past the worst now and ready to kick on... 2p by Xmas IF (big if) we get some good news? I'd bite the market's hands off for that right now! read more...|
|18 Nov 2014||ifthecapfits||It would be if we were producing. Lets hope POG is still at these levels or higher when we are. read more...|