I think most of you (the posters here) do not understand what a RNS is.
It is a statement which has to be approved, before being made, by a third party (The NOMAD - "Nominated Advisor" -. The Nomad will not approve anything that is not true. In the (very) rare circumstances of a RNS proving untrue the NOMAD will resign, and, unless the company finds another quickly (weeks, not months) the company will be delisted.
So RNSs should be treated as gospel (well rather more as the Gospels have a much lower standard of verification).
And then you do not seem to remember what RNSs say.
An example. The lead bank has approved. It is the second bank that has not.
The project HAS been launched - the "early works" HAVE been started. That could not have happened unless KEFI KNEW the second bank approval will be coming in due course (or unless they have a plan B written in stone).
So just try using you brains rather than your gut feelings. |
Maybe civil war interupted precedings,
Maybe a lead bank approval was hence temp irrelevant
Maybe a project launch was hence irrelevant
Maybe hence security sign off was hence temp irrelevant |
Bukowski, you have got some nerve posting any opinion after ramping ARS down from 6p!!Yes, I am sure it is a great project - after all you keep saying so! |
I'm all for evaluating outcomes on chances and statistics,
so tell me Buko
Q, what are the chances of the lead bank approving ?
Q, what are the chances of project launching ?
Q, what are the chances that site security has been satisfied ?
Q, what are the chances that conditions precedent list no longer contains matters for negotiation, but has been reduced down to matters just requiring documentation finalisation and formal execution ? |
That's cos the chances of KEFI mining any gold are slim to none, in my humble opinion and it seems in many others! |
WOW $2700 and this hapless fk of a share still hasn't even got out of bed, |
All the sales and the bid goes up... large buy in the background? |
“BMO warned that the new mBridge project, backed by the Bank for International Settlements, could be a game changer for gold and the entire commodity complex. The project will create a multi-central bank digital currency (CBDC) platform to support real-time, peer-to-peer, cross-border payments and foreign exchange.
“Reports suggest the mBridge unit of trade will consist of 60% of BRICS currencies and 40% of gold, which would have to be held in an escrow account. Given the sheer volume of trade this could cover, and with key nations such as Saudi Arabia signing up, this could have huge implications for gold demand over the coming years,” the analysts said.”
Do not think they will be able to back it at forty percent gold without excluding a lot of potential member countries but could be an eye opener over the level of gold held by certain countries and means gold buying will be boosted obviously if the scheme is launched.
(Saudi mining)
(Saudi general) |
Sorry what I meant to say is Elon musk and Warren buffet are in a bidding war to buy the company 😉 |
BREAKOUT
0.646p +0.03p
A good move today and with that a BREAKOUT on the chart as is higher than the last intraday high
There were "AT"s at 0.646 and volume of 25.6M |
Have not seen anything Chris if anything leaked no one is whispering in my ear. The volume does not look that high either which suggests no rumours. Probably more a case of the price climbing a bit with the sector and other mining stocks which kefi has been lagging and maybe in anticipation of kefi actually getting the deal done. |
0.646 what's going on, Rob? |
(Ethiopia/Saudi)
(Saudi/US)
(Ethiopia mining expo)
(Saudi mining) |
Maybe when it tanks Kefi will actually go up. Think on the bright side LOL ;) |
Gold has increased $1000 in 12 months, the share price has halved,
and we are days, week or two away from sign off,
rarest opportunity from the market |
Guess we will see what happens when the wheels come off where the money goes. |
“Partners emphasized that the scope and scale of meeting the rapidly increasing global demand for critical minerals to achieve the clean energy transition is beyond the purview of any single institution. The investment to deliver these goals will require the public sector and private sector to work together to deploy capital into new and existing markets in this sector.”
“Esan Eczacibasi: EBRD provided a USD 50 million loan in favor of Esan Eczacibasi Endustriyel Hammaddeler Sanayi ve Ticaret A.S. to finance decarbonization and electrification of mining operations and improvements in the operations’ efficiency at the Balya polymetallic (zinc/lead/copper) mine in Türkiye.” Looks like the western money Harry was talking about Maybe kefi can get some money for its copper prospects in Saudi?
With a foot in Africa and Saudi you wold think kefi is a good candidate. |
(Ethiopia mining)
(Saudi mining)
(middle east mining)
(Saudi mining)
(Saudi mining) |
Oh that will be standard but crypto is where the big bucks will be made :) |
Oh look Gold new high $2659,
have they stopped scratching their bums yet |
Probably be central bank digital currencies and universal basic income but at least we might get a clothes allowance though on a smaller scale than some :( |
Blockchain! ;) Dollar is scuppered. |
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