Kefi Gold And Copper Share Discussion Threads

[goatherd] 20/12/2019 11:35

Incidentally the Ethiopian Orthodox Christmas is on January 7th. Make what you will of that!

[topicel] 20/12/2019 11:16

Lol Goatie, was that site like FactCheckUK? ;)

Whatever the predominant religion, we know they have a break or two for 'Xmas' and that their calendar makes it 'different' to 25th December.

The question is, will it be enough to delay ANS coughing up for the umpteenth time? Surely you accept we have been led a merry dance and each and every delay has cost us plenty in terms of progress on the project and fundamental value to shareholders?

This latest one has 'cost' us an unknown amount but certainly will mean the share price to valuation will be far lower than if they had paid us the deposit before Harry's latest dilution? Instead of 6p, say, the same valuation will be 4.5-5p when/if ANS actually do open their cheque books...

Billthebank - it will be the end for our Harry...

Topicel

[billthebank] 20/12/2019 10:50

Patience patience!!No point getting wound up.Been in KEFI for years. All will be ok in the end and if it's not ok it's not the end.

[cjm681] 20/12/2019 10:37

@cybaajak - I couldn't be more in agreement even if I tried! 2021 would not at all surprise me. Not at all.

[cybaajak] 20/12/2019 10:31

I wish i was joking.

[cybaajak] 20/12/2019 10:31

Lets say by the end of 2020.. or 2021.

[cjm681] 20/12/2019 10:14

@billthebank - of course it matters! If not by the end Dec it just proves how pointless and inaccurate these RNS dates are and how utterly ineffective the management are at hitting realistic deadlines.

[billthebank] 20/12/2019 10:09

Jaylett Does it really matter.Lets say by the end of February.The ultimate outcome will be the same.

[jaylett] 20/12/2019 09:06

"We should get the first lot of money from ANS before end of this Month."

You seriously think we're going to get both signed documents and physical cash before 1st January? Not a chance in hell. The documents alone would be a massive surprise given it's Christmas week.

[oilisgold] 20/12/2019 08:23

A few here are worried and rightly should be. But this share has 5 to 10p written all over it. Those that bought yesterday, caught the bottom in my humble opinion. Normally share price rises when news of importance is expected. These AIM shares have a habbit of doing 100% days

[oilisgold] 20/12/2019 08:19

No brainer here buddy. Its only the traders getting agitated . A trade gone wrong for them. Being here since pre 2013, this is what most LTH have been waiting for. We should get the first lot of money from ANS before end of this Month.

[stockriser] 20/12/2019 07:49

If you want a short term reasonable gain, get in now and sell in early/mid Jan, and if you want an exceedingly large gain, get in now and hold.

[billthebank] 19/12/2019 16:13

TBH I no longer give a sh1t what happens.I topped up at 1.12 earner and will just wait Too many people inc myself butterfly from one share to the next as they look for instant rewards. Happens but more often than not it doesn't. The next 12 months will hopefully see this move markedly upwards as the money begins to come through.I believe we saw the bottom today GLAHs

[riotinted_specs] 19/12/2019 14:42

I know digger, but by Jan 6th if the funds haven't been signed off - an ultimatum is fair

[digger2779] 19/12/2019 14:12

Rio - so if we were to kick ANS into touch how do you think EG would react? There's a lot of VIP's in ANS.

[riotinted_specs] 19/12/2019 14:02

I'm in on putting my General Meeting votes through a proxy. I had .9% of the shares Pre récent placing / dilution whatever that will end up being. My votes will go towards providing ANS a hard deadline and in the meantime we should be lining up potential investors for this paltry amount with no refund break out of jail free clause. On another note I don't want to name an exact number - and I'm quite sure the EG are not yet aware but i swore i overheard that an amount totalling roughly $142,000,000 in Ethiopian foreign investment is to be redirected elsewhere. The reason ANS dragging their feet has showcased how the best and brightest of Ethiopia are failing timelines above and beyond just Africa timescales. KEFI might be the guinea pig for mining. It works both ways, this undertaking makes Ethiopia a foreign investment guinea pig across all sectors. And they are calamtous.

[oilisgold] 19/12/2019 13:48

Just remember chaps, panic selling now is a big regret. I had 1p as low pencilled it, so should see double digit rises as we get closer. ANS will provide the funds and they are no Mugs. Just stay calm . If you been here since 2013, what are 2 more weeks.

[oilisgold] 19/12/2019 13:43

Ya, still in here. It will come good, although we been shafted but its for the greater good.

[msc74idc] 19/12/2019 13:41

Does anyone have a handle on the difference in the fully-diluted position that the placing RNS has caused now that the convertible facility has disappeared?

[shafaq] 19/12/2019 13:39

Nice to see you in here oilisgold.Suspect you are right, look at bids today from few days ago.

[matthew stone] 19/12/2019 13:31

I'd rather have capitulation like this - plenty of buys going through, and the higher volume means we will churn through the placing shares quicker. Oilisgold is correct - always dips lower first in these situations.

KEFI has already demonstrated on a few occasions recently that if/when we do get the news we are waiting for (I know, I know...) the volume will be well into 9 figures - more than enough to swamp any selling iro placing shares, etc..

[oilisgold] 19/12/2019 13:28

You need to remember, its free money for these chaps due to Warrants. So they dont really care what place the placing shares are forward sold. Its how AIM works. Now expect a RNS to generate volume to get rid of most shares.