Kefi Gold And Copper Share Discussion Threads

[scrappycat] 19/10/2019 12:10

cjm681,

If you have lost money, then that has been a result of your choices. I have held for years, and have, as yet, lost nothing. Of course, I recognise I could still lose all if it totally falls apart. I do not anticipate such an outcome, but I lay no claim to infallibility. Many here blame Harry for their losses, even though it is Harry and the Board's legal responsibility to do whatever they can to ensure survival of the company. It was your choice to crystallise your losses, not the Company's. Live with your mistakes, do not blame others

[richsmithsmith] 19/10/2019 11:19

+1 to Aimraiders comment. No good complaining in here... please write to the company (info @ Kefi-Minerals.com). I have and I encourage you to do the same.

[scrappycat] 19/10/2019 10:39

I am me, and nobody else. I agree with your comment that the potential resource is worthless - if Kefi cannot get at it, but when has this ever been the case? We have never been told that funding will not be forthcoming, but simply that the proposed timescale has been adjusted. Either you believe this, or you don't. The reasons for the delays have, imo, been apparent, but many seem to consider such reasons irrelevant.

The detractors seem oblivious to the fact that survival is the name of the game. My investment, however diluted, is worthless if the company fails to survive. It seems those detractors would have preferred to lose everything. I don't.

[goatherd] 19/10/2019 10:31

Yet another post from Topicel misstating my views.

"People like Goatherd have supported management continually with no care for the SP"

simply not true.

[cpap man] 19/10/2019 08:41

KAV

By all accounts Mikes Moles is now at the drill site on the northern part of the KSZ with Hillary Gumbo and the whole local KAV team. A live from drill site interview with Mike Moles is planned for early next week. Very exciting times!

[aim0raider] 19/10/2019 08:01

There's a q and a section in the website. I'd suggest people email the Co and ask the question, what are the drawdowns being used for. Hopefully, if enough do, a response will be gained.

[cjm681] 19/10/2019 07:21

@goatherd - you're right. Let's wait until end Oct. By then (with 2 more dilutions of, probably 60 million shares) the price should be 0.5p - if the money doesn't come we are looking at sub-0.25p, at which point I would hope people would be queueing up to see the BoD throttled.

[cjm681] 18/10/2019 19:14

@chopperharris - so who, I ask, is going to stop "the chancer"? Well, all I need is just ONE other PI to help me and I will gladly start the ball rolling. Any offers? Anyone?

[riotinted_specs] 18/10/2019 17:54

Slight correction here "have the locals reviewed the review of what they knew but felt they should review in order to review the timeline to enable the project to proceed.." last words should be too enable the project to be TRIGGERED to proceed'

[cybaajak] 18/10/2019 17:26

The Sanderson Finance Deal for £4m prior to August 2019 fell apart because of 3 reasons. Firstly the Loan security that Sanderson wanted had to be agreed AND shared with ANS, because I presume, the deal was hinged on TKGM. Secondly the funds weren;t trickle fed and handed over wholesome. Thirdly the Share Price Floor was 2p. Remember those heady days ? Before HAA had a GM and required a 0.01 share price floor.

Sanderson Got their wadge of free shares to begin with. Never got the ANS finance security and the deal fell through. Kefi had to keep the lights on so the small loan shark employed by Kefi, suddenly found himself in a remarkable position that so far has produced a flood of over 135 million share certificates, a continuous 20% reduction in ANY monetary transaction from the share price to bank account, that is funded and paid for by Kefi at every turn , so at no cost, or threat at every stage. When the deal is concluded and Kefi has spent £2.25m the Loan Provider will have pocketed at Least £600k in pure profit. (20% discount over a 3 day average that has been in continual decline since the first payment. No charges, no dealing fees, Initial set up fee and restriction-less guarantee on trading. Just No security on the loan OTHER THAN replacement of shares upon handing over the cash.)

The lower the share price tumbles, the more SHARES ARE REQUIRED TO FUND THE AGREED FUNDING TERMS. If ANS fail to deliver there will be NO share price bounce BUT the deal will go on unto completion or when HAA calls it quits and just hands over the printing press.

[chopper harris1] 18/10/2019 17:11

Someone has got to stop this chancer from doing what he’s doing.

This continual dilution in the face of such hostile shareholder reaction (which he surely must be aware of) just smacks of desperation on his part to keep the lights on and pay his ridiculously high salary, amongst other things.

There are just nine trading days left in October. If we are not informed on one of those days that the project has been “triggeredR21; then surely Harry’s position becomes untenable.

[cybaajak] 18/10/2019 17:05

9 days left for a successful delivery of ANS money and a resultant reversal in share price for kefi.

Or a disaster in the making as ANS fail to deliver and HAA is left holding the sadcap as he, yet again, releases another RNS with another delivery date in it.

All the while the scum loan merchant is happy to keep plundering the Kefi long Term Holders wealth with dilution, at the behest of HAA, as in his own words, this deal was the best in terms that Kefi could get. This IS NOT GETTING ANY BETTER. The dilution WILL CONTINUE unabated until at least March 2020, even if the Loan Arrangement is completed. Kefi CANNOT claim back ANY FUNDS from TKGM UNTIL FINANCE COMPLETION. SO HAA will need further finance between December and March to keep Kefi afloat.

Its basic math. IF ANS had paid up the 1st tranche and the share price had risen to 2 or 3p. The loan Provider would STILL BE SELLING large swathes of paper certificates because THAT IS THE FINANCE METHOD HAA has signed too. He just would be selling 2/3rds less than what he is selling now to provide funds to Kefi. And reciprocating, HAA would be diluting less by 2/3rds than he is now.

The worry is that although, as some others keep stating, the UNDERLYING wealth doesn;t change, the relentless share sells to finance Kefi short term has a knock on effect with the share price IF & WHEN ANS actually deliver. Realistically the share price should react with a positive bounce upon receipt but will it continue to rise or fall back because the amount of paper TO BE ISSUED between now and March cannot sustain the support.

[goatherd] 18/10/2019 16:53

Look everyone - this is madness!

If you want to get a shareholders group going at least wait to see if the money arrives this month.

Personally I would give a few days grace - but I understand the opposite view there.

[scrappycat] 18/10/2019 16:36

I suspect a change of government, and an attempted coup, would be considered to provide ample reasons for a delay in funding. Some here, appear to be oblivious to this, and totally clueless in their analysis. Just my opinion, of course, but, in this case, not a humble one.

[deanroberthunt] 18/10/2019 16:27

goatherd needs some help, mentally, he/she is very very unwell.

[thedickster] 18/10/2019 16:26

All these reviews, of reviews. No evidence of the Board "reviewing Harry". I presume they have NEDS. But that's not a proper "job" is it? All lunch and all play makes for a great haymaking day.

[goatherd] 18/10/2019 16:14

catchthebreeze,

Quite logical, actually. The underlying assets have not changed; the project is on schedule (the only doubt is whether it will remain so - and we have been told strongly that it will; and the price has gone down. A Strong Buy is wholly logical.

[cjm681] 18/10/2019 16:13

@redrook - I agree. I would love to get together with PI's to agree an action plan because it is blatantly obvious that none of this is in the interest of shareholders. But nobody is interested. This is fraudulent IMO.

[cl2201] 18/10/2019 16:13

@cjm681 - there would of course be no change to the shares in issue but the funds being reimbursed would help bolster the cash reserves and thus reduce the need for these bucket shop placings.