Kefi Gold And Copper Share Discussion Threads

[cutandpolished61] 06/12/2019 07:21

many joined the new thread

[scars] 06/12/2019 07:01

All gone quiet here!

[mam fach] 06/12/2019 00:14

Forecasts range from 5p to 15p.

[czar] 05/12/2019 23:07

Has anybody seen any recent research what is the forecast share price when they actually start producing?

[scrappycat] 05/12/2019 18:42

Adrian,

Totally agree really, but I no longer walk that well, I do not drink, and I am too lazy to bake my own mince pies. I make the odd post, just to stop getting brain dead, between sessions of on line bridge, sudoku, and cricket etc on the tv. In Kefi's case, it helps to fill in the time whilst we wait. Some might think a sad life, but, at my age, I am happy with my lot.

[hairyback2] 05/12/2019 18:40

scotty,sincere thanks.
adrian,spot on.............but i do hope you are wrong about january.
i want my christmas present and i want it now (after 10 previous disappointments).
i'm old(er),grumpy and impatient
HB

[adrian1001] 05/12/2019 18:07

Thanks Scotty for the new threat, all the chatter about MM's, value, market cap blar blar, drill grades etc is all totally irrelevant, the share price will drift regardless. The odd fraction of a penny here and there is nothing to get anyone's knickers on fire. There is only one thing and one thing only that will make a difference and a sustained rise and that is money in the bank, then hundreds of millions of shares will be changing hands not a few million. By all accounts that's not going to happen until January. Everyone should calm down, stop exaggerating, blindly guessing, go have a few beers and mince pies and reconvien after the new year.

[scrappycat] 05/12/2019 17:41

Topicel,

The 'Market Makers' are exactly that. { am sure they would prefer to be proactive, rather than reactive. The share price will rise, yes, but why sell something at a low price, when you can get a much higher price later. They
know a hike is coming, it could be tomorrow for all we know. When it does, the MMs will have to pay significantly more to get back those shares they sold at a lower price, and they will surely need shares to sell. They are, almost inevitably, going to be forced into a short position when the RNS appears - unless, of course, they gap it up, and the market assesses they have gapped it up too much.

Anyway, they are just my thoughts. Take them, or leave them, as you will. I don't really care, for, as I have stated previously, I am indifferent to the share price during this waiting period. mam fach thought it was shenanigans, and I am inclined to agree with him. IMO it has been going on for days. They were happy to play the trading game, and encouraged it, but they did not appear to welcome an obvious buying spree.

[mam fach] 05/12/2019 16:05

Shocking shenanigans with share price again.
Looks like news soon.

[scrappycat] 05/12/2019 14:07

red rook,

One final comment to you. The date on the video is instrumental in that it illustrates very clearly that things are still in place, and have even improved since that date with the offer of alternative financing. Thus Kefi has reinforced its position since the video was made.

[scrappycat] 05/12/2019 13:55

red rook,

One way, or another, the money is coming, and my bet is within the anticipated time scales. You are, by your own admission, a none holder, and I do not believe your motives for posting as you do to be altruistic in intent. So, finally, you are filtered.

[monster500] 05/12/2019 13:48

You either believe or not in how the company will pan out. I myself am heavily invested here for my merge lifestyle. When this comes good to great hopefully the lifestyle of my kids and grandchildren will change for the better. We live in hope. GLA :)

[whatnow1] 05/12/2019 13:42

Some chunky buys going through.
Onwards and upwards..

[smackeraim] 05/12/2019 13:40

Looking good. Still cheap in the long run

[scotty1] 05/12/2019 13:21

Thanks mark,but i just want red to confirm that he doesn't hold shares as i for one have no idea why someone should hang around posting on threads in a negative way were they don't hold making out they are "looking out for investors best interests"

so red i will ask again do you hold in KEFI?

[mark10101] 05/12/2019 13:13

Scotty1, no he does as he posted recently he has not been suckered in. He is here for the benefit of preventing people loosing money. The guys who sold at 0.6p on his warnings will buy him a beer no doubt....

[scotty1] 05/12/2019 13:08

Do you actually own shares in KEFI red rook ?

[red rook] 05/12/2019 12:58

...and forgot to add..

...why not name your 'two leading African banks' .... are they going to be a a secret like your 'secret loan shark investor' !

[smackeraim] 05/12/2019 12:39

Lines drawn at 1.4 that is the support, onwards now!

[scrappycat] 05/12/2019 12:35

MMs coming under some buying pressure now. It will be interesting to see how they react, as the main event has yet to come.

[goatherd] 05/12/2019 12:00

Is it economic? Some Thoughts.



An interesting article which I am drawing from (but not exclusively) for this post. Admittedly from 2017, but inflation since then has been relatively low (though metal values have changed).

It considers what is economic to mine, both open pit and underground, but, as I am thinking of Hawiah I will concentrate on open pit.

Open pits are feasible to 300m (some are even deeper) – Hawiah is at least 250m, but so far we have seen no analyses from that depth.

It really does not matter too much what the metal is. The article gives open pit examples for zinc, copper, nickel, gold, uranium, diamonds; and underground for copper, gold, uranium, platinum and palladium. However what it calculates is the value of a ton of rock. This, of course, gives the ability to calculate poly-metal values.

ResourceWorld reckons that, as a rule of thumb, open pit mining costs $10 per ton (underground, much more at, say, $25 to $50), and so, if the rock value is at least $20 this would be economic. At those figures the margin would be 50%.

They also reckon on drill intercepts of 100m, at depths less than 300m.

Now, I think we can refine that a bit. I visualise a figure of rock value multiplied by intercept. 100m at $20 gives $2,000. And $2,000 should give an, acceptable, margin of 50%.

Of course this is very crude, and makes no allowance for depth, but I think it gives a easy, quick, guide to assessing drilling results. Perhaps especially useful with poly-metals and more than one intercept.