Kefi Gold And Copper Share Discussion Threads

[estseon] 11/10/2019 12:03

That was a bit pompous. HAA/Kefi have repeated 'October' without changing it several times and that consistency is unprecedented. So, it is looking good on that count.

Another slight difference is that Lycopodium is now gearing up (Kefi/ANS met with them in Perth at the time of the down/under conference). So the project has gathered momentum that it did not have before. It could be Lycopodium that is in the driving seat now.

So, there are a couple of reasons why there could be a break of precedent.

I would not bet against the project getting under way this month.

I had betted that BoJo would get a deal and almost threw in the hat on that one. A deadline is not missed until the day after.

[scrappycat] 11/10/2019 11:21

Given the integrity of the Ethiopian PM, and his government, appears to have been endorsed by the Nobel prize committee, I feel the verification of funding date, by both Kefi and the EG, leaves little doubt that this will happen. Just my opinion, of course, and no advice intended.

[goatherd] 11/10/2019 10:51

keelhauled,

True, but I think that applies to the majority of posters on this thread - perhaps even all threads!

[keelhauled] 11/10/2019 10:33

Cyber Jack: It is obvious that you have never run a business. K

[marnewton] 11/10/2019 10:18

Aye...well done him...at least it wasn't bloody Greta!

M

[scrappycat] 11/10/2019 10:11

Well done to the Ethiopian PM, in winning the Nobel Peace Prize. He, and his government, have been very busy over the last few months. It is hardly surprising that Kefi has not been that high on the priority list.

[pjj71] 11/10/2019 09:49

has the money arrived yet ?

[cybaajak] 11/10/2019 07:33

P.s. upvoted Taxloss for next months post.

[cybaajak] 11/10/2019 07:15

Thing is.. how many times do you set your mind on believing THIS time he's telling the truth.It HAS been 7 (SEVEN) times now he has given his spiel on schedules and funds arriving and 'this time' is the end time.Every RNS has a different criteria. $10.5m, $11.4 (airport/landing strip), $11.4 (escrow account), this month, next month, this quarter, last quarter, possible increase, I actually loose track of whats next.. wait.. relocation accomodation, security concerns, security review, coup attempt, soul of someones third born ??Cry wolf too many times and doesn't matter about market, investor, aim, lth belief, he's had a good run raking in the wages..

[thedickster] 10/10/2019 14:30

adrian1001. The most profound and apposite post in the whole of Kefi's history. Well said that man. I see I'm not the only one who thinks that.

[keelhauled] 10/10/2019 14:00

TOPYOUSELL: To me it looks like YOU have MISMANAGED your funds, what a state of affairs eh! - K

[the charmer] 10/10/2019 11:04

Dark and shade merges together.

[the charmer] 10/10/2019 10:27

There would be an RNS if that was the case.

[pjj71] 10/10/2019 10:26

has the ethiopian money arrived yet?

[marnewton] 10/10/2019 10:11

Should be noted that article is not new and was published 23rd June 2019.

M

[richsmithsmith] 10/10/2019 09:51

https://addisfortune.news/state-to-electrify-tulu-kapi-gold-mine/

[digger2779] 10/10/2019 09:03

I have also emailed the company.

[cjm681] 10/10/2019 08:22

@topicel - I do agree with you.

I do not understand anyone who can be so forgiving of such poor management, exacerbated by misleading news all the time.

You are correct - "triggering" the project may not necessarily mean starting it - and there is my problem - these statements should be much more definitive, because they are far too "wooly", which portrays an image to investors which is totally inaccurate.

My email to KEFI regarding their management was strongly worded.

If the ANS funds do not arrive by end Oct I will be putting in a rather strong complaint to the AIM, along with another even-more-strongly-worded email to KEFI. If anyone wants to join in then I would encourage that. The whole situation is a disgrace - investors have been lied to, plain and simple.

Over and out for a few weeks.

[topicel] 09/10/2019 20:19

cjm - wise words. We are just as stuffed at 95% down as at 90% when Harry began issuing confetti in the hope it would see us through to the funding being deposited.

What I would say is the anger is genuine when it is genuine. If others have not got to that stage then they have not got the same amount at stake in terms of livelihood etc., as some. They have, as Goatherd implies, enough to not be too concerned if it is all a poor 'bet'.

But like you, it seems, some of us balk at the idea that this has been mishandled and badly managed at best. I don't care to think how long it has been about getting funding, but clearly over three years and at most stages the goalposts have been moved a little, or taken outside the blooming stadium! The losses have not all been down to circumstances, and if 31st October (and why should it be that late?) comes and goes without the ANS funds then I support your efforts to explore regulatory guidance about what has, and hasn't been promised.

But like all these things, it will be too messy to ever unravel. If Kefi fails to bring TK on stream it will just be another dodgy AIM outfit to add to the long list and nobody will bother.

Btw, 'triggering' the project development is not starting it, is it? I'll use my Brexit analogy again - they use the word extension rather a lot - and Harry has not said he'll be dead in any ditch or such if it doesn't happen. In fact, he has said most often it is entirely dependent on our hosts in Ethiopia.

What can you do in either case but watch and wait, knowing it is like a slow motion car crash in either set of circumstances. Until it is done.

Topicel