Kefi Gold And Copper Share Discussion Threads

[keelhauled] 13/5/2024 15:05

Lucker - Kefi's share price in January 2011 also had nothing to do with NPV. Would be interesting to have your further comment.

[robjm66] 13/5/2024 14:45

Present share price should be a a multiple of what it is now and the NPV will continue to grow anyway with a DFS of Jibal Qutman and Hawiah as well as recent discoveries.

As for investors they will often jump on what ever the bandwagon is and that's going to be commodities especially gold and silver.

[lurker5] 13/5/2024 14:20

Investors don't pay anything like the stated NPV. At 5% discount rate, that is the return an investor would get (assuming all pans out exactly as assumed in the NPV calculation and if all cash flow is paid out to him) if he pays the price representing it. He wants a lot more than 12-15% - which is how he would value an investment. Its why even in the 2011 mining boom, mining shares didn't exceed 1/3rd of the published NPV. Trouble is many investors don't understand what an NPV really is. Its how the company itself values its project assuming its own cost of capital - usually a lot lower than investors want. On top it would never pay out all its cash flow. The only research firm publishing a realistic NPV as seen by an equity investor is Edison who tots up the dividends he thinks it will pay out. All other analysts exaggerate by using the irrelevant company NPV at its irrelevant internal cost of capital. Its one reason (apart from wanting to puff the shares they want to flog) that they state a 'target' share price without mentioning what it is and when it will happen (It never will because only a fool will pay the price he thinks it will get to) Its also why institutions will never pay the NPV to get a stake or fund a placing. (Remember Sirius Minerals !)

[fart_conductor] 13/5/2024 12:59

It's well outside most risk parameters, ie a punt teritory.. that is the status, i know it, mkt knows it,
What the facts do say is they have licenses, they have engaged contractors, they have presidential endorsment of mining and bankng liberalization , and lead bank sign off

[institutional investments] 13/5/2024 12:56

Was just looking at their extensive geographics and placings over the years

They will need to raise money to buy a space shuttle to try mars next

[institutional investments] 13/5/2024 12:45

I hope you don't mind me mentioning the dim funds and experts in the field

I just didnt know they were clueless

Thanks for letting me know

[institutional investments] 13/5/2024 12:44

Just concerns me, some anonymous forum poster is spotting something, the fund micro miner specialists are failing to see, and excluding kefi from all baskets

[institutional investments] 13/5/2024 12:40

Thanks for the tip

Just had a look back over 20 years on uk micro caps that filled your criteria since

Glencore it is then

[estseon] 13/5/2024 12:37

The "Leveraged NPV @ 5% at production start" in the Quarterly table ($1.114bn) equates to about 12p/share assuming gold price at around current and an 80% equity interest. That is just for TK. $400 increase in the gold price appears to add about $340m to that NPV (at 100%). Even if the NPV is discounted by 50% at start of construction, that would be 6p/share if gold holds its price. The current market capitalisation is equivalent to about 3 months' projected EBITDA attributable to Kefi's equity interest.

[fart_conductor] 13/5/2024 12:34

Don't invest in risky early stage micro miners in Africa if you can't envisage or understand 10 yr planning, build time cycles, funding constraints, and geo politics,
Invest with Glencore or wait till funding, it's that simple

[institutional investments] 13/5/2024 12:20

May

Sell in May (to gerbils to cover holidays), and come back whenever (same again)

[institutional investments] 13/5/2024 12:18

Funny. past RNSs didnt mention anything about 8 or 10 years later to investors

[fart_conductor] 13/5/2024 12:13

It takes a major 10+ yrs to kick a mine off never mind a junior micro, only an idiot would bank on an oven ready mine 10, 8 yrs ago,
RNS'n May 3x when in May say's all you need to know,
and principle bank sign off already is fact

[institutional investments] 13/5/2024 11:38

yes you could practically bank on it, just as a typical template news/sp move uk little cap alone

[estseon] 13/5/2024 10:48

:-) Thanks, jaylett, I look forward to the strange green light becoming emitted by my holding.

[katsy] 13/5/2024 10:11

Three ramping RNS's in 6 days, so I agree with you II, something bad is in the offering. Three RNS's that is all blah... and says nothing he hasn't said before in the previous 10 years.

[robjm66] 13/5/2024 08:54

Good one Jaylett hopefully we can make "astronomical" amount of money.

[nick2412] 13/5/2024 08:44

HAA also attending this '121 Mining Investment' London event 15th % 16th May:-

[rainyrain] 13/5/2024 08:36

Final approval blah blah blah blah project launch blah blah blah final approval blah blah blah project launch blah blah blah final approval blah blah blah project launch blah blah blah final approval blah blah blah project launch blah blah blah

Is it me or is this about the jist of all update RNS's over the past year or so?

[robjm66] 13/5/2024 08:29

INVESTOR BRIEFINGS AND WEBINAR

Institutional investor relations advisers 3PPB (contact details shown below) have commenced arranging briefings for institutional investors on request.

Research group Orior Capital is today publishing a research report on KEFI, which will be accessible from the KEFI website.

The quarterly open-forum webinar for all investors will be at 3pm London time, on Wednesday 22 May 2024. Details of these two events will be announced in due course, encouraging the submission of questions before and during the webinar.
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Maybe they are expecting news on TK before the Webinar would harry really miss the opportunity by having one before a breakthrough?