Kefi Gold And Copper Share Discussion Threads

[smackeraim] 14/11/2019 13:02

Look at the market cap and think what it is going to be..Ethiopia is, in the Government's recent words.. "Open for Business"..And...Kefi.."at US$250 million be the largest single export revenue generator in the country."Plant your seeds...

[oilisgold] 14/11/2019 12:53

2p is very cheap. A lot of new investors here don't know, the share price has lost over 90% since 2013. This is finally only going to reflect is true value. Market Cap is what you look at nor number of shares in issue. Should be trading back in the 2.5-3p range next week and hopefully plus 4-5p on news day.

[shafaq] 14/11/2019 12:38

Expecting mad rush for friday incase news or rather Ans funding news lands and if no news friday then another mad rush to get in over the weekend for mondays news.Whenever the news lands whether tmrrw, monday or anytime next week expect fomo buyers coming in who want to hold for Ans news as this can easily put in triple digit gains instantly.

[littlepuppi7] 14/11/2019 12:37

Altn have vast gold resources also.., updated cpr's issued

[littlepuppi7] 14/11/2019 12:36

Keep your eye on altn. Next one to multibag from a very low level

[delta0091] 14/11/2019 12:32

7rademark13 Nov '19 - 18:17 - 63268 of 63339

It's about now, not the past, there are 750 m shares in issue


===

13/11/2019 15:26 UKREG

the total number of voting rights in the Company will be 999,873,172

[divmad] 14/11/2019 11:36

I should add that I am already in for 3mn of these cheap tickets, mostly bought before the latest crowd arrived, at the 0.73p level a month or so ago. Been topping up yesterday and today after the CLN clearance RNs.

[7rademark] 14/11/2019 11:35

2p paid today for 600k, I'd expect the ask to return there once the traders are out

[hraj] 14/11/2019 11:34

1.76 offered to sell 5000.. if I sell 300k.. offered the same.. so happy to take yours shares.. dont sell them.

[hraj] 14/11/2019 11:30

Triangulations..seems to be strong resistance around 1.9p.. need it taken out..2p will some serious buying and news from ans financing.

[andysand] 14/11/2019 11:30

Either way, it will be a volatile ride because that's the way AIM is. I wish it were otherwise but you only have to look at the trading today to see how short term 'investors' are. They are going to keep jiggling the price around and nothing I see will stop them :)

[divmad] 14/11/2019 11:26

Many thanks, Edgein, Andy and robjm. It may sound like a daft laddie question I posed, but trust me, I have had my fair share of AIM resource companies promising everything and delivering nothing, so in my golden years I suppose I have come to believe too readily for my own good in the sell on news strategy. I am sincerely on the lookout for an investment that can multi bag over a year or two, which is my normal holding period. Not a quick flip based on a P&D. Now I don't think Kefi is in that category, simply because of the partners they have, or the details about the TK mine which on paper are company making. But we all know AIM and how traders can manipulate the market based on key news flow

[scars] 14/11/2019 11:10

Taken in context, my forecast is spot on!!!!

[mam fach] 14/11/2019 10:54

Think we have to clear few more sellers out before we can break 2p.
Not all holders convinced this is a winner. I'm a believer. GLA

[oilisgold] 14/11/2019 10:46

Hence those on the sidelines always get CAUGHT PANTS DOWN. Always stick with winners.

[mam fach] 14/11/2019 10:32

That was nice jump. Last chance to buy under 2p?
Bet you won't be able to buy any soon.

[tidy 2] 14/11/2019 10:29

2p paid for 683k

[pauliewonder] 14/11/2019 10:29

This will stabalise at high 2s in my view until next news. Wouldnt be surprised to see a 50% plus day now that weak holders have been flushed out.

[smackeraim] 14/11/2019 10:29

Starbuck posted this on LSE last week. Seriously you must consider this in light of Thursday’s news.

—-

The grades here are world class .
If we compare solg which had a m cap of over 500 m still in exploration their grades (AVG) was 1.3 g/t .

Kefi grades are (AVG) of 2.3 g/t .

That's around 13 tons of ore per Troy Oz compared to 30 tons at solg.

Process costs of 200 dollars per oz.

With gold at 1389 a Oz that's some profit.

105 m oz at market value of 1.56b.

All the permits and finance imminent. Production in 2021.

This is a screaming buy at 9 cap .

[tidy 2] 14/11/2019 10:26

The recent interview is fantastic it should be 6times the value right now minimum #KEFI this is another multibagger in the making. Done it at #EUA now #TRX and next #KEFI

[pilkersa] 14/11/2019 10:23

4.5p is the next major resistance which it will hit on funding.....

[tidy 2] 14/11/2019 10:21

Mine expected to add to 10% of Ethiopian GDP.

[tidy 2] 14/11/2019 10:21

6p should be here soon enough boys.

[edgein] 14/11/2019 10:20

Divmad,

they're developing a mine of national scale to Ethiopia, its good grade and shallow for the first almost 1m Oz. They then believe there is another 1 moz resource upside by going underground at grades of 4-5g/tn. Better than AAZ! And that is to be funded as a result of the impending financial close. There will be constant news flow no just from mine construction but ongoing drilling and assays at that time. At £12m there is very little priced in. There are other miners on AIM with much less, years away from any material production or even funding and valued many times higher than these.

Also recent news of first indications of a potential material VMS previously identified. First assays have encountered poly metal sulphide ores. If you split these in two £6m for SA assets and £6m for 45% of TK its remarkably cheap in my book. Ridiculously over sold. Market cap should be at least x3 higher to reflect the situation in Ethiopia let alone the SA results imo. These are well up my accumulate list now.

Regards,
Ed.