Kefi Gold And Copper Share Discussion Threads

[fingertrouble] 06/1/2020 10:14

The likes of Harry pay themselves handsomely with very little in the way of results ... if this was FTSE he’d have long gone by now.

[scrappycat] 06/1/2020 10:12

In which case, you are laughing at your own ineptitude. You are obviously clueless as to what is going on, particularly with reference to the latest share issue.

[fingertrouble] 06/1/2020 10:11

My gut feeling and this has been the general theme played out by Kefi is that nothing will come of Tulu Kapi and it’ll be something else that’s going to be wonderful and turn your 1p into £1. The BD are dreamers but they’r not the ones suffering.

[smackeraim] 06/1/2020 10:09

All known from a few weeks ago

[fingertrouble] 06/1/2020 10:02

Let me get this right, they’ve had a GM as far away as possible from the UK and voted themselves more shares and yet more dilution; and there was no opposition to this resolution? LMAO ... stand and deliver!

[costax1654x] 06/1/2020 09:51

In a few weeks time should rerate heavily

[smackeraim] 06/1/2020 09:29

That's the spirit czar !

[czar] 06/1/2020 09:05

I've put them away for a few years and expect to see a good multiple of the share price as news flow comes through over coming months and years.

[scrappycat] 06/1/2020 09:03

Cyba,

As usual, an illogical post. You cannot sign documents until you receive them, and all this preparatory work is new to the EG. You have no idea when they produced the documentation deemed necessary by them. Try to get real, for a change. Yes, no money as yet, but, even you must surely recognise, it will be forthcoming shortly. This company is definitely on its lucrative way.

[chopper harris1] 06/1/2020 09:00

Quite a few getting carried away this morning with all sorts of outrageous predictions.

I hope not but this could even close down by the end of the day, despite this morning's news. Reason? In my opinion, Harry's and the company's perceived credibility have taken such a knock in recent times that it is going to take more than today's 'wordy' RNS to begin to restore meaningful investor confidence in KEFI.

They want to see meaningful funding confirmed as being deposited in the company's account and they want to see physical confirmation that relocation has finally begun.
Until then, the share price will not break 2p, let alone the ridiculous figures being bandied about.

[mlangton1] 06/1/2020 08:54

Must be time for more fund raising

[joeblogg2] 06/1/2020 08:44

Patience will be rewarded another few weeks before funds received

[cybaajak] 06/1/2020 08:31

Look.Slate me however you want. The relication was meant to start september, then september/october, then november and was DEPENDANT upon ANS 'first tranche'. The lack of that funding forced Adams to issue 400 million shares, raising funds for business purposes, which means, WE ALL PAID for ANS lack of purpose.Whatever reasons there are for the actual delay are Adams fault. Every extra step he has had to do he 'should' have completed BEFORE September 2018. Yes. 18. When he stated ANS would be partners.And still no money, yet, the CEO and BoD still feast at the trough.Almost criminal endeavours..

[bejubiant] 06/1/2020 08:29

In reality a Drawdown Release will be sent to ANS to formally request the initial funds and provide details for remittance. This will be triggered by all parties (including contractors and EG) confirming they are ready to commence the project.
The timescale will be <15 days from that point, which is imminent.. so hence ‘funding to be received in current month’ is correct.
Such strong news after a long wait for everyone, including our BOD.

[cybaajak] 06/1/2020 08:17

..about to receive the first tranche..I've been reading that particular phrase for 15 months plus. Several RNS's have confirmed what Kefi has been about to receive and the latest just repeats that.

[edgein] 06/1/2020 08:08

Good stuff, agreements signed and about to receive the first tranche and begin resettlement and construction. Progress at last. Also NPV is eight times the current share price and doesn't include TK underground nor the very large VMS currently being drilled in Saudi. Great stuff.

"On this basis and after taking into account that KEFI has already invested nearly all of its expected contribution to the Project equity, the NPV of KEFI's 45% beneficial interest is US$164 million (approximately GBP125 million), about eight times the current GBP16 million market capitalisation of the Company based on today's proposed expanded issued capital."

Regards,
Ed.

[captain_kurt] 06/1/2020 08:07

2p+ by end of week imo

[daar] 06/1/2020 08:02

200m Mcap this year!!

[shanur90] 06/1/2020 08:02

Huge news booooom that subscription we all been waiting for. That 2p going to get smashed in minutes

[red rook] 06/1/2020 08:01

... Harry pops in a RNS at the last minute... dangling that old carrot that the money is coming .... sometime !
... Just to make sure that the next round of dilution is passed by the resident sheep, and goatherder's goats :-)
... Show us money Harry ....Show us the money !

[cybaajak] 06/1/2020 08:00

Goddam i laughed.BACS. 3-4 Days. For $9.4m.. Birr equivalent..

[oilisgold] 06/1/2020 07:58

RED BOOK,

you BEEN CAUGHT PANTS DOWN BY HARRY