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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kefi Gold And Copper Plc | LSE:KEFI | London | Ordinary Share | GB00BD8GP619 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.01 | -1.63% | 0.605 | 32,536,705 | 16:35:10 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.592 | 0.618 | 0.626 | 0.59 | 0.612 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Metal Mining Services | -6.36M | -0.0010 | -6.00 | 37.26M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:18:45 | O | 271 | 0.618 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 22/7/2024 | 09:27 | UK RNS | Kefi Gold and Copper PLC Result of AGM |
| 22/7/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC AGM Statement |
| 18/7/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Investor Presentation |
| 12/7/2024 | 19:34 | ALNC |  IN BRIEF: Kefi appoints Alemayehou as non-executive director |
| 12/7/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Appointment of Non-Executive Director |
| 10/7/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Tulu Kapi Update |
| 09/7/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Modifications to STI Bonus Plan |
| 19/6/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Notice of AGM |
| 17/6/2024 | 21:45 | ALNC | IN BRIEF: Kefi Gold & Copper annual loss widens; eyes dual listing |
| 17/6/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Results for the year ended 31 December 2023 |
Kefi Gold And Copper (KEFI) Share Charts1 Year Kefi Gold And Copper Chart |
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1 Month Kefi Gold And Copper Chart |
Intraday Kefi Gold And Copper Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/7/2024 | 11:49 | Is KEFI about to come good? | 5,938 |
| 24/7/2024 | 07:41 | Kefi Minerals 2020 and beyond | 28,600 |
| 18/7/2024 | 23:46 | KEFI the new cycle UP after the placing | 194 |
| 12/7/2024 | 21:23 | KEFI - The Pigaroo lost it's lipstick again | 9 |
| 08/6/2024 | 15:56 | Kefi yet another AIM listed fraud. | 378 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 15:18:46 | 0.62 | 271 | 1.67 | O |
| 2024-07-26 15:15:53 | 0.62 | 25,000 | 154.50 | O |
| 2024-07-26 15:08:31 | 0.61 | 2,500,000 | 15,125.00 | O |
| 2024-07-26 15:01:05 | 0.60 | 300,000 | 1,800.00 | AT |
| 2024-07-26 15:00:55 | 0.60 | 400,000 | 2,400.00 | AT |
| Top Posts |
|---|
Posted at 22/7/2024 11:52 by robjm66 Maybe its because Harry will not be running the company in five years ;-)Start Presenting live from Ethiopia so connection not that good some bits were lost with lost connection. Harry and team have full agenda for these few days banks might listening at door meetings on going over a couple of days. Slide three AGM meeting Mark Tyler leaving.. Corporate reorganization.. meeting banks this week Export of metals Saudi and Ethiopia want to get on board. Kefi pegging for a mining boom in Ethiopia. Kefi cleared the path so allowing other miners to make progress. Dozen bankers upstairs kefi has been meeting with mining and finance minsters. Slide 5 Kefi Early move and other companies. Mining is starting to happen in Ethiopia. Harry met financial community in Saudi, official guidance to move into mining scramble for minerals for green transition. New board member will help banks nearly done so new board member will help with spreading our wings in the Ethiopia. -- Slide 6 Three project pipeline funding flexibility, stock exchange listings, Ethiopian government targeting mining industry list in Ethiopia first. Slide 7 Capital structure, NPV Slide 8 Priorities second bank approval. Community jobs jobs and jobs they just want this to start. Bank in town formalities for AFC membership. Things going on to how we set them out. Equity ranking looking at involving more locals and for longer local holding company being incorporated. Waterfall of commitment government already spending. First big inspection last week. Saudi project been big drilling program moving into development finance mode. Should be easy to find money there. Good project pipeline. Comparative valuation slide. Market cap comparison. TK mine slide Economics of TK all numbers well under present gold price. As soon as TK in production will be re financed at lower cost also will be underground mining. Slide 12 Consortium chugging through it meetings going on now banks know they can rely on us. Slide 13 slide 14 slide 15 engaging with contractors working our way through as we get to project launch Slide 16 everything we do we get independent sign off on. No one as advanced as us in Saudi.. JQ only tested a quarter of it. Ivanhoe exploring around kefi hot area Hawiah could double but TK will likely expand as well. Saudi 1.6 billion Amak market cap if it was the same with kefi our market Cap would be worth even more. Questions Q.Inspections? A.Happened last week final visit in first week of September. Will get reports meanwhile on logistics. Q.Both banks approve? A.Planning Session happening now and we have come up a preliminary date of first week of September after visit. Q.Main local Equity approval? A.They already did they are just refreshing it. Q.Equity risk investors? A.Cascade of investment they will wait for banks and lead equity kefi have back ups plans including middle east investors. Q.Site visit what's the mood locally? A. Excited to see leaders turn up and locals just want to see it happen as soon as possible but company being careful. Q.Mood of government? A. why have you not started what do you need to get started go go go could not ask for more support sense of urgency everyone jostling each other to get it going all positive pressure. Q.Security? A.Government proving with everything kefi ask for best ever in six and a half years. Q.Other exploration targets Ethiopia? A.Proximal areas over pegged areas pushing to get back and satellite deposits and new exploration area (lithium) another TK. Q.Saudi development scenarios when? A.Over the course of this year Q.Drilling results and changes? A.Just getting bigger enough meat to bite into to develop projects some of which have the potential double and triple in size. Q.Saudi money compared to results? A.Dollars per ounce in that respect a big value adding enterprise just need further development, stock market does not reflect it yet. Q.Exploration success? A.Keif had time to put things together cherry pick and have exploration big team. Q.New mining companies more competition? A.Not effecting kefi. Q.Saudi listing Artar relationship? A.Artar good partner..listing depends on Artar when thy are comfortable but plenty of funding choices in Saudi. Q.How many new mines in Ethiopia and Saudi within five years? A. Five within five years in Ethiopia Saudi a couple.. Q.Greater potential for discovery Saudi or Ethiopia? A.Same geology.But no soil trees or people Saudi however Ethiopia has benefits as well. Q.Corporate focus why stock market so weak? A. Patience has run out (indistinct) flip side now the perfect moment metal prices now breaking out. Q.Saudi and gulf investors? A.They are now interested middle east needs to replace oil revenue. Q.TK finance announcement? A(Indistinct) milestones Early works.. main works… Do you see yourself running kefi in five years time? No and over the next twelve months a lot will be a happening (indistinct). Closing comments Looks like groundhog day I am mindful of that but things are happening and everyone is committed, should be worthwhile as we are building a big mining company hope everyone will be rewarded. |
Posted at 22/7/2024 08:14 by robjm66 Summary and ConclusionSince mid-2020, KEFI’s beneficial interest in the in-situ metal content of our three projects has grown from 1.2 million gold-equivalent ounces to approximately 2.1 million gold-equivalent ounces. KEFI’s current market capitalisation of c.£40 ($50) million equates to only $24 per gold equivalent ounce and a fraction of the equity valuation applied in the past year at the operating-company levels in our local partnerships’ transactions. The shareholders’ agreements for both TKGM and GMCO apply equity earn-in and dilution formulas that imply c.$200 million for KEFI’s beneficial interest therein. KEFI’s targeted beneficial interest in Tulu Kapi has an NPV of £449 million (US$571 million) (NPV and the other preliminary value indicators defined in footnote on page 8). This valuation indicator is approximately 11 times KEFI’s current share market capitalisation of c. £40 million (US$50 million). The Directors consider this a conventional industry measure of potential value once the projects have been successively de-risked. By emphasizing joint ventures and project-level development financing, we have reduced the pressure on KEFI shareholders to provide funding. In fact, at Tulu Kapi, the development capital is planned at the project or subsidiary level.. |
Posted at 17/7/2024 08:05 by estseon goatherd 5876There are all manner of forecasts for the gold (and silver) prices but they appear to be all higher. The belief in the market appears to be that the prices will increase and, what the market believes, the market achieves. That belief is starting to be reflected in the pricing of precious metal miners and this is a fairly recent development. Some have even seen share price rises on days when the metal prices have slipped. The market is revaluing those companies and that signals some confidence that the metal prices are likely to at least stay firm. There is also a growing expectation that the USD will wilt and that the US equity market and real estate bubbles will deflate, if not pop. Donald Trump has said that he wants a weaker USD. There appears to be growing nervousness in the US markets and little in other global markets to counteract that. So there is an increasing possibility that US investors and foreign investors in US Treasuries will move their money into traditional safe havens. The gold bullion that the central banks have been buying over the last few years has been removed from the market and has reduced potential supply that would be required to meet investor demand. The miners cannot ramp up production in response: as we well know, it takes years.... If fear gets into the markets, anything is possible. Looking at the CHF chart, a movement by 15-20% is quite possible and it did that in about 6 weeks during March and April. The price has been consolidating for about 3 months since that leg up. That suggests that $2800 - $3000 by the end of the year could be achieved and not look 'bubbly' on the chart. A further leg of 15-20% in 2025 could take the price to $3500 or above. Will the equity markets, real estate markets and bond markets look more attractive in 2025 and, if so, will they attract money back out of precious metals? Possibly, but the debt mountain is crushing the life out of global economies and that is unlikely to change over the next 12 months imo. Gold and silver miners appear to me to be the sector to be in for the next 12 months at least. The sector appears to be undervalued and pricing has not yet caught up with the increased prices of the product metals imo. Kefi could see a startling revaluation over the next 12 months ... It could see prospective operating profit increase from c 100% to c 150% measured against AICs by the end of the year and then potentially 200% in 2025. NPVs will mirror that. |
Posted at 03/7/2024 15:33 by heliman2 more than one , my post on the other boardThis might upset a few but just thinking aloud. We all want the deal signed off and done asap with the banks. share price will react positively you would think, but with no II's on board you just do not know. So you can see the boards point of view. I don't want the board trying to chase up the share price , I want them signing off deals with banks and funders in Saudi as a priority. It's those actions that will drive an share price up. The assets are huge, and there is lots of value to share out. |
Posted at 03/7/2024 14:40 by ordb this isnt about the bonus being paid in cash. But the sneaky removal of when those payments get triggered. There are 3 milestones, after which for each of them directors like Harry get a sizeable cash payout - totalling in the millions. What has miffed TW and shareholders that the trigger for these payout has been changed - in that there is no longer a requirement for the share price to hit a certain target. This is a kick in stomach as it sends out a very bad signal and mocks the idea that directors have shareholders interests at heart.If the argument is that the shares will hit the target once the financing is done, then why remove those targets as triggers ? The only conclusion that can be deduced is that this change is as a result of Harry and directors not believing the previously stated share price triggers will be reached (eg 3p average for 5 days). What other reason is there for those triggers being removed ? If there are any, they should state them. |
Posted at 03/7/2024 14:27 by gizmohican Kefi share price not looking good! |
Posted at 02/7/2024 17:49 by robjm66 TW Bearcast"On Kefi Gold and Copper (KEFI) I act not, like some, by ranting from a padded cell with posts on this site or by signing in to the demented Telegram group but by standing up to the board over a new incentive scheme…" (Do not think anyone agrees with the new bonus scheme it should be connected to the share price like the old one maybe three or four pence would be reasonable and show confidence in kefi prospects in the short medium term. Longer term when kefi is a mid cap and hopefully throwing off money doubt peoel will mind higher levels of reward.) (Ethiopia General) (Ethiopia general) |
Posted at 02/7/2024 15:53 by philby1 Interesing comment on today's share price Bearcast. Apparently Kefi are proposing a new incentiv3 scheme for the board. The existing scheme is linked to the share price but apparently the new one is not. Despite that the board are saying that they are aligned with shareholders interests when clearly they are not! TW is not happy and has written to the board in the strongest term requesting they should reconsider and that the bonus scheme must be linked to an increasing share price. Well done Tom I say! |
Posted at 18/6/2024 22:21 by dead duck resources The 110 billion shares are there in the books, they just sit there as deferred sharesafter the chicanery of changing the par and splitting them into ordinary and deferred. "how many shares would have been issued if Kefi had not diverted into Ethiopia?" This is a good question... and further, what would the market cap and share price be? For starters Kefi would still have the original equity stake of 40% instead of 24.75% £50M has been invested at latest accounting date, so if we presume zero value created i.e. valued at expenditure only, no adjusting for inflation = 40% of £50M = £20M Mcap I'd hazard a fifth of Kefi's issued shares would have been issued without Ethiopia/TK = 22 billion shares old price, or 1.2 billion at today's price = share price of 1.66p |
Posted at 22/5/2024 21:41 by robjm66 My comments in brackets as usual.Start Harry and Eddy Solbrandt chief operating officer of Kefi gold and copper. (both in Saudi) Slide 3 entered Arabian Nubian shield slide… Just talks about Arabian Nubian shield general intro to company…three projects with also with exploration areas around around both sets of assets (projects). Slide 4 goes into the gold rush in the Arabian Nubian shield area (the Taxi rank is getting a bit crowded) Slide 5 comparative valuations mentions research report hxxps://www.kefi-gol Slide 6 kefi cheap just on the NPV of TK alone with a gold price of 2350 dollars..(slide) all ore bodies open for expansion more mines funded at project level exploration cash flow from TK) Slide 7 expected milestones for Ethiopia harry history lesson then “anyhow” lead bank ratification and approval from its shareholders, the other people cracked on in the Syndicate (the second bank the equity risk note investors and the share investors from the government). The other day we announced we started the schedule for production. First stage early works.. Slide 10 In Saudi walk up drill targets ..government support.. two emerging projects..record metal prices..shovel ready down to grass roots..ahead of the pack project came good. Questions 46 questions sent (Lol) 1.When will funds arrive and which conditions are still waiting to be met and how does the overall project flow to production (think they cheated and asked three questions)? …Early works plus major works add up to production commencing (he walk people through the whole process to production can catch the full reply when the Q and A pops up nearly all is the usual stuff around building a mine). “Process designed to protect all shareholders from spending money too early”. 2.Has the second bank signed the deal off? A main shareholder in TKGM already spending their money..first bank gave approval risk note board approval other guys went to their committees and yes we have had confirmation from all of them including the second bank (kefi made a total hash of Rnsing this otherwise would not have people asking if the second bank had given its board and credit approval I red the Rns as saying this was the case as obviously not going to lunch the project without second bank approval but obviously it did not sink in with some people leaving a space for the usual suspects to make mischief) we have all aggreed to early works.. 3.Question about wet season and what works can be done when Detailed project schedule.. 4.How will drawdown of funds will work.. kefi historical spending.. government spent half twenty million dollars already (kefi should have highlighted this more in the past). Major works 320 million package (Excluding mining fleet) ERN (Equity) spent first the bank loan.. all the big money in the final works. 5.Will kefi need money for TK before major drawdown of funds for the project? The answer for the budget is no but what we have to check is in the home stretch is the final lump some needed for the project that no extra money is required if it is but indicators are we have cover it all maybe even more than covered it syndicate carrying the load now.. 6.If the TK finance is done in this half year will there be a fixed schedule for construction that the company can be measured against? Yes. 7.You mention an additional layer of due diligence being set up by syndicate parties will this process delay drawdown? No the Extra layer is for the banks to get independent advice on security this happens in parallel. 8.Who will pay for security forces? Two security forces police and private security contractors within the site we pay for our own contractors part of budget. 9.Now Ethiopian government has changed the laws when did the company realize they were needed? Changes well flagged publicly company has been reporting them. Now in early works program. 10 have The licence areas that were given to shell company been returned and why is the company taking legal action? Have not been returned but not taking legal action… no “antipathy&rdq 11 Further exploration areas in Ethiopia where? Doing pegging (not that kind this kind “mark with a peg or pegs”) (sounds like areas near TK). 12 Rns 13th of May..TK mineral resource 1.7 million ounces.. cash flow? Open pit Ore reserve plus.. (not sure I understand the question or answer) 13 Is Saudi potential cash flow based on 80 25 percent ownership (?) what the comparison to TK? Too early to make a definite statement. 14.Water and Energy at JQ and how long till we get an update on JQ? We are developing plans around JQ which will cover water and power 15.Can you please comment about possible joint ventures? Initial guide to long term strategy is to JV as seen by us JVing with Artar and government in Ethiopia. Longer term will naturalize the organisation (involve locals)..that might take us into local listing to admit the public (think is certain that kefi will list in other regions) rest of mining industry has turned up kefi keeps getting approached people that want to deal with the assets or partner us or JV another asset (non kefi asset?) not only have we got these projects moving not only are metal prices at all time highs not only are the countries supportive but we have so many choices that they are coming out of our ears. 16.Would kefi consider selling a minority stake in TK? Everything is on the table. 17.Move from Aim to lse full listing? Look at when we are bigger. 18. How do you plan to protect shareholder value? We feel the pain but by delivering and no excuse now and delver we will. Management team have scarified their wages to receive shares instead so they are shareholders too. 19.The biggest question for shareholders is the number of shares in issue what are the other funding options? Been hard to get capital on Aim however been a big base of support with syndicates and partners. Did placing for advisors this way as it was the best was to do it this time. 20.Cash burn in Ethiopia? 400 to 500k per month corporate and Ethiopia changes with major works. 21.When will Artar have to pay the exploration costs? Have to catch up sooner or later but good partnership and trust between kefi and Artar no tension number of ways to skin the cat may have nothing to do with the public stock markets (think maybe a cunning plan in the background) 22.Could say what the advisors that were paid in shares yesterday will be advising on? Mentions Norman green other advisors wanted shares and now targeting 200000 ounces and TK ownership has gone up all this not by accident. Kefi turned corner. 23.Major milestones in May and June. 24.Clearly a major share trader as only ten days left in may not in the business of feeding share traders (great hilarity issues) the critical thing is that Is game on… Closing comments I appreciate this webinars..talking to 750 people. Its all good stuff now we can start to enjoy it with the progress i think we are going make. (maybe should have signed of with what he said earlier "Saudi walk up drill targets ..government support.. two emerging projects..record metal prices”. joking apart all looks good no cash raising envisioned near term, Artar not pressing for repayment, lost license areas likely to be returned kefi looking at deposits near TK and much bigger expansion of projects in Saudi and open to JVing and bigger yearly production ounces.) |
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