Kefi Gold And Copper Share Discussion Threads

[jagzoil] 12/11/2019 21:47

100% atleast £30m!

[blackbear] 12/11/2019 21:40

Mcap 12m pathetic should be a least 24-36 now...

[smackeraim] 12/11/2019 21:32

Pathetic isn't it. Never hear a peep from all these on the way up yesterday. Now they feel free. End of the day it went up over 100% last few days and has retraced a little bit. Expect a bumpy ride, but the facts are there in black and white.. just wait..

[shortarm] 12/11/2019 20:59

SK is just talking his book - again lol

[oilisgold] 12/11/2019 20:45

I remember farmerParmer great LSE poster . We had a discussion about KEFI, he had many millions safely locked away in his SIPP. Hopefully he be buying more farm land.
Never lost faith in the CEO did many LTH and finally its coming good for them.
Once the final announcement regarding the package is made , we should see new highs.

[jagzoil] 12/11/2019 20:39

You will be surprised then.Harry has already stated shareholders will have to do little and enjoy the fruition of the long wait!

[sicilian_kan] 12/11/2019 20:29

The funding coming in to the subsidiaries will merely reduce KEFIs funding needs. It will not get rid of them. I would be staggered if KEFI does not use the opportunity of an increased share price to raise funds.

[scrappycat] 12/11/2019 20:25

cjm,

Harry kept the lights on, for which I am truly thankful. So are many other long term holders, who are now booked to make loads of cash.

Make no mistake cjm, it is you who are, and will be proven to be, a total waster. One of these days, you may escape from childhood, but when is anybody's guess. It is patently obvious that you are clueless when it comes to running a company (let alone an AIM listed one), dealing with African Governments (and the frustrations/problems it can pose), plus the difficulties associated with all AIM listed companies - raising the money to keep going and to progress.

If you protest, please provide an illustration of your expertise in these fields. Not much to ask of you to justify your crude comments.

[sicilian_kan] 12/11/2019 20:23

I was in at 0.7p average. See my posts.

[oilisgold] 12/11/2019 20:17

Placing?. I thought the stake holders were funding being sorted....must get those Rose Tinted Specs on. Vast, PREM and KEFI are the shares to be in. Happens all the time, you think you smashed a big trade but then you get caught Pants down as it does another 100%.

[neally99911] 12/11/2019 20:14

And when the funding comes they are due millions back from the spend they have already made in the project.

[jagzoil] 12/11/2019 19:39

They've just drawn down on the last £600k.....can't see placing anytime soon. Will see 3p before that happens

[sicilian_kan] 12/11/2019 19:25

The short term key here is whether or not there may be a placing. If there is the price may fall regardless as to value.

1.5p - 1.65p could be the price.

[oilisgold] 12/11/2019 18:40

The fib retrace is expected, no big deal unless you are a trader. Its healthy. Back in 2013 , on LSE we used to give an example of an old men walking up the stairs. He goes up too fast , he will have a heart attack, so goes up fast and then has to rest and get his breath back, so comes down to the nearest flat spot and then continues his journey. KEFI was suppose to be one of the biggest share for many of us in 2013 but we got nothing but delays. Hopefully a corner has now turned.

[shafaq] 12/11/2019 18:32

Over 800m shares exchanged hands in last 4 sessions.Not very surprised at the antics by mms to get shares by hitting stops all the way down to 1.50p.New shares come in on friday but seems already forward sold.Bit of consolidation and up we go again thursday /friday as not being in over the weekend may become a bitter pill to swallow come monday incase finance news drops in.GLA.

[andysand] 12/11/2019 18:17

All that fuss for a 12 percent retracement. I thought I would make a quick post while the spread betters are off doing their thing elsewhere :)Looking good! Very optimistic at the moment.

[oilisgold] 12/11/2019 17:02

Some of us old fools have been here since 2013. Had a consolidation, and then saw it tank to new lows. Had left them in my ISA as a write off. Hopefully a slow recovery to 3p plus soon.

[edgein] 12/11/2019 16:54

Divmad,

This is only a small part of the area assayed. Need assays from the near surface oxide and the deeper 268m sulphides yet too. Its a very good start, as you suggest nowhere near as advanced as the Ethi assets, but I'm sure you and the market see the significance of Kefi no longer being a one trick pony now that SA is active at long last and more specifically it confirms that their estimates of a 5.5km VMS at this part of this one licence could be spot on. Imo over time the SA assets will prove to be even bigger than TK. You'll see what happens when a company doesn't hit mineralisation when you look at the chart of KAV back in August (didn't hold that one, way too risky). So yes even though the market hasn't recognised the potential of the newly discovered VMS and the significance of KEFI starting to prove its geological model there it will in time. Bring on the remainder of the assays for these first of many shallow holes.

At £12m market cap, the market has yet to wise up to what's going on here, but it will imo. Whether that's on TK financial close, proving up the underground resource to reserves or production and divis its largely irrelevant to me. These are now a 3-5 year hold to mid cap imo. It'll be interesting to see whether its Eth or SA that sends it there. There's a lot of drilling to be done on that large VMS, hopefully only the first one too. I'm hoping for grades of 0.5-1g in the shallow oxides.

Regards,
Ed.

[divmad] 12/11/2019 16:43

Surely, Edgein, based on today's drilling grades, it's a long way off making any statements about SA being transformational to Kefi. 1.5% Cu is no big deal without confirmed uniform thicknesses.

[mam fach] 12/11/2019 16:32

What a strange day. Well, tomorrow's another day.
GLA

[pre] 12/11/2019 16:26

buyers coming in here now and GEO (big delayed buyer there...another that's got huge potential imo at rock bottom price). Think fear has taken some out here.

[scars] 12/11/2019 16:23

Very large volume again, 30% swing on the day, a bit of a roller coaster ride ahead!