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Investor discussions around KEFI (Kefi Gold and Copper Plc) have highlighted a mix of skepticism and cautious optimism regarding the company's future, amid ongoing challenges in securing financing and market support. A notable sentiment among investors is the perceived disconnect between the company's activities and the challenging geopolitical environment, particularly in Somalia and Ethiopia, which have raised concerns surrounding operational stability. Discussions reflected frustration over the company’s leadership and governance, with several users expressing disdain for what they perceive as a lack of accountability and transparency from the management—citing issues like possible share consolidation and the erratic timeline of financial commitments.
Despite these issues, there remains a glimmer of hope reflected in quoted sentiments like, "If funding will be released in smaller lump sums please supply dates for each," indicating a desire for clear communication from management regarding financing timelines. There are also discussions surrounding the potential of Ethiopia's gold mining sector as a significant driver for growth, with one investor noting, “Ethiopia’s gold mining industry stands out as a significant driver of growth.” However, the prevailing sentiment in the chat forums suggests a critical view toward the company's ability to deliver on promises, with multiple users pointing to the contrast between optimistic projections of share prices and the reality of recent trading actions, leaving investors wary of further investments.
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KEFI Gold and Copper plc has made significant strides in its operations and strategic initiatives, particularly in the context of its ongoing projects in Ethiopia and Saudi Arabia. Recently, the company announced that it has been awarded a 100% exploration license for the Konso Critical Metals Area in Ethiopia, a promising area previously explored by major corporations. This development not only enhances KEFI's portfolio but signifies a focused effort to expand its resource base in critical metals, including copper, nickel, and lithium, which are increasingly vital in today’s market.
Financially, KEFI is actively pursuing a capital raise projected to yield up to £10.6 million, with a combination of placing initiatives aimed at funding its multiple projects and addressing existing liabilities. The company is also at a critical juncture with its Tulu Kapi Gold Project, as it has received initial committee approval from banks to increase financing from US$190 million to US$240 million. The strategic review of its joint venture in Saudi Arabia could lead to potential share dilution but is part of a broader strategic alignment to optimize financial outcomes. Overall, KEFI is positioning itself to capitalize on its assets while navigating through diverse funding avenues and operational enhancements in the coming year.
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There can be potential "dark sides" or less favourable characteristics associated with someone who frequently uses metaphors : |
"I have a dream that one day Kefi (KEFI) will be taken over. Not so much as this will enrich me personally, in a modest way, but because I will no longer be swamped by emails from folks wetting their knickers at the slightest provocation. Today comes this gem:.." |
Yeah I remember "closes and hits" 3 years ago that's what I mean about him. |
Pending approvals from private investors and a consortium of African banks, Adams says construction at Tulu Kapi, about 360 km from Addis Ababa, will ramp up quickly once the cash flows. |
I see Gold is $15 off the high 2 weeks ago, |
So many have been rage-investing in this emotional rollercoaster for years. At this point, their therapists get paid in stock options. But hey, if they're all in the same sinking ship, at least you're going down with some class—and matching life vests! Ride this wave of frustration, hold the smarmy comments, and hope the universe takes the Kefi'ites to the ‘Top of the Pops’ instead of ‘Rock Bottom Revisited.’ |
We've all been there at some stage & got the T-shirt somwhere Douglas. The aim isn't easy.'Tis important to keep folk aware though especially newbies. I sincerely wish you every success. Let's see... |
Fair enough Goatie. I don't think they've helped themselves but hopefully that will change. Until then.... |
The early works programme with principal process design and construction contractor, Lycopodium Ltd, has commenced in June and the major works package has been agreed to commence from July. |
I regard that as evidence - at about confidence level 7. |
Kefi make plenty of statements but as have said many times before need to see cold hard evidence. |
He said "evidence"!!!!! |
66778899, your 2079 |
Trump is what we need and Reform. The world is ashambles |
Feel sorry for Trump if he gets in going to get blamed for everything that is wrong in the US and any honeymoon period likely to be short. |
4.50 minutes in notes tied to gold..gold linked bonds. |
LOL LOL ;) |
goatherd what proof do you have that early works have started |
Notes tied to Gold linked bonds, local investors with money “trapped&rdquo |
*shudders* |
If Kefi are not certain that the second bank will sign up then why have they started the "early works" programme. The programme does not use vast amounts of money, but it does use quite a bit, and the works would be useless if the full cash was not available. |
Type | Ordinary Share |
Share ISIN | GB00BD8GP619 |
Sector | Metal Mining Services |
Bid Price | 0.504 |
Offer Price | 0.52 |
Open | |
Shares Traded | 75,747 |
Last Trade | 08:00:08 |
Low - High | - |
Turnover | 0 |
Profit | -7.9M |
EPS - Basic | -0.0011 |
PE Ratio | -4.64 |
Market Cap | 36.22M |
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