Kefi Gold And Copper Share Discussion Threads

[neilng] 26/10/2019 13:46

Why are you bothered if not a shareholder?

[whatnow1] 26/10/2019 13:41

No point arguing anymore since come Thursday things should become a lot clearer.TW reiterated his "buy" stance again yesterday for what its worth.
Simple now, believe(buy and hold) or don`t then "sell"

[robjm66] 26/10/2019 13:24

Think Goatherd was joking Unionhall hence the image of a dung heap on the website (make up your own punchline). hxxps://www.terrapinn.com/exhibition/mining-show/speaker-jon-STARINK.stm You could argue that there is mining experience from John Starink he is Ironically doing a talk on "Alternative financing for mining projects: looking to a new financing future".

As Kefi decided though to not to go with them/him in the end its a bit of a pointless argument not "waste to energy" but a waste of energy.

[laurence llewelyn binliner] 26/10/2019 08:46

4 working days to go until the fat lady sings.., but will it be to the sound of ANS trumpets or gunfire.. :o)

[cybaajak] 26/10/2019 06:58

Where will the share price reside on friday.. ?No positive news and anywhere under .5 realistically. (Negative news for further dilution is always possible.. ).

[cybaajak] 26/10/2019 06:41

The actual math of the whole thing looks skewed.$160m Bond. Find another $40m so a straight 25% from the BOND as Risk Spread.And yet the Project gets new goalposts (probably as defence for Kefi finance or control), and the ownership gets literally shredded from 25% to 50% AND the middle rank ownership also takes a debit against "future returns" due to structure creation and repayment of debt from bottom sliced ownership.It isn't a deal that shows flair and creativity with benefits, its a deal that crushes returns and not in a conducive manner that shows positivity towards HAA.Not an opinion followed by most on here, and yet, like Topicel, I have come to the point where writing off my investment here is the only option I have left, because there is nothing here that shows any sign of changing anybodies fortunes in any meaningful way.

[cybaajak] 26/10/2019 06:26

In all honesty I don't expect ANS money to arrive AT ALL.When you own something 100% (1), that owns something else 100% (2), that owns another thing 95%(3), that ALREADY has a BOND agreement for $160m investment, (but a condition is you have to find another $40m from somewhere else) and you GIVE UP 20% (2), of the second thing AND 50% (3)+ of the third thing, it beggars belief that the guy in charge THEN agrees to a 100% cover of that $40m so NO RISK and doesn't time stamp it or gets an advance as "a good faith binding all parties" financial reciprocation.Bad practice, bad business, bad all round sounding agreement.

[cybaajak] 26/10/2019 06:10

Its been a long vaunted point HAA has used to promote his tenacity and acumen that TKGM is a "first mover" with a view to the revamped Ethiopian Government and its Mining sector.On the same vein, its also been a point of contention the UK Financial Markets and their attitude towards "project viability" in Africa in general. Not just Ethiopia, but other countries within that continent, and their disregard for 1st world interests, rules and financial regulations combined within the mineral wealth that is contained therein.I'm not saying the conversation relayed above occurred or not, but, the poisoned chalice of Tulu Kapi is approaching a nadir. A point in time that will echo for years as a benchmark, not just investment opportunity but applicable trust and reciprocation.Will ANS front up and change all our fortunes, or will there be a breaking of conditions, yet again, due in no small part to HAA and his financing method for the majority holder of TKGM.

[the charmer] 25/10/2019 20:19

Incredible indeed.

[scrappycat] 25/10/2019 19:57

Topical,

If I do not respond to your points, it is because they are largely not worth bothering with - well exhibited by your last 2 efforts.

[riotinted_specs] 25/10/2019 19:02

Incredible, just overheard a conversation about KEFI while having after work beers in the City. A couple of high powered bankers were saying that - although not invested - this deadline was very much a litmus test as to whether they would consider investing more in Ethiopia or doing the complete opposite. I can understand why given the Prime Minister and so many others have put their name to this project and this deadline.

[topicel] 25/10/2019 17:24

I'd rather Goatie gave an address than a birth certicfiate...not that I don't know the location...

He will lead me to the fat one... that is the state of 31/10/19

Better in a ditch? Combien de 'bodyguards'... pour toutes/

Who cares.

[sweetwaters] 25/10/2019 17:04

Beware the forked tongue of a goat.

[goatherd] 25/10/2019 16:57

kreature,

But we HAVE assay results for TK. In fact that has a proven reserve - as good as it gets.

And we have trench results for some of Hawiah - very good too!

[topicel] 25/10/2019 16:54

Exactly Wnatnow - fat is flammable and as long as you don't be-little the comment we'll wee justice if the dosh isn't forthcoming...

You know it is not before Xmas because Goatie said so...

You mean you actually look at the SP? Goatie says that is unwise... QED

Topicel

[robjm66] 25/10/2019 16:29

Kreature with Saudi we are hoping that the Kefi Geo team are right with the Geological model they are expecting to find. They have done trenches before hxxps://www.kefi-minerals.com/projects/saudi-arabia/hawiah hxxps://www.kefi-minerals.com/files/announcements/kefi-hawiah-first-drill-hole-hits-massive-sulphide-21october19-final.pdf hence "This first drill intercept of massive sulphide confirms our exploration model"

What a lot of LTH probably find reassuring is Jeff Rayner has put his name to this.

If more good results come including assay results could be a good prospect then there might be a overhaul and update on other licence applications in KSA.

Think Kefi must think it is a good prospect otherwise they would not have spent the money at this critical stage to hold onto the area.

[kreature] 25/10/2019 16:23

"The attraction of what?"

The attraction of the shares.

[cybaajak] 25/10/2019 16:19

The Loan Arrangement was for £2.25m from Aug 5th. So far Kefi has squandered 140m shares on the arrangement and that accounts for about £1.3m. Not sure how they will make less than £1m last another 6 months when the cash burn has been horrendous for ALL concerned for the last 3 months.

So NO. By that measure the Money will run out just on christmas..So 2 months.

[matthew stone] 25/10/2019 16:03

Well.. we can pay them, anyway!

[goatherd] 25/10/2019 16:00

kreature,

The attraction of what?

And, yes, they can, without doubt, pay their bills.

[kreature] 25/10/2019 15:51

I don't see the attraction without assay results. Can they even pay their bills for the next six months ?

[whatnow1] 25/10/2019 14:37

"Fat is flammable" now that made me chuckle. You`ve got to laugh or else you`d cry. Life`s too short for that.
Share price seems to be on the up lol
Spoke too soon :-(

[topicel] 25/10/2019 14:01

Back from a extremely nice luncheon down the road with friends in a local auberge.

Not a word about Kefi and, ashamed to say, just a little about the 'B' word.

But on return, for my faults, I looked here as we prepare to slumber and saw Rob's 61,925 post and could not agree more.

Which was my point then, has been for three years (almost, who's counting) and will decide the fate of the 'guy' on the 5th November.

Fat is flammable, as we all know....;)

Topicel