Kefi Gold And Copper Share Discussion Threads

[bejubiant] 13/1/2020 10:55

Agreed.. Tenter hooks time now.

[shafaq] 13/1/2020 10:49

Ans doc recieved 5th jan, wouldnt bet against funds landing anyday now as coming to day 8 after agreement.HAA most definately in Ethiopia now and most probably chasing the $9.5m as now normal business from today after xmas holidays.

[oilisgold] 11/1/2020 20:20

A big sell late on Friday. Hopefully once the placing shares are all sold, we can move on. The Warrants Expiry in few months, so gives me confidence

[matthew stone] 10/1/2020 18:23

6m x 2 - surely not a PI?

[richsmithsmith] 10/1/2020 18:13

Late buys printed

[topicel] 10/1/2020 17:24

If I was a PDMR and had warrants granted at 2p purchase price, which as we know are worthless at today's close circa 1.4p, would it be feasible to set a buy option at 2p for the next 16 weeks or so until the warrants expire?

In other words, the moment the price hits 2p I would be in the money - assuming the ANS monies actually arrive and any other KSA news etc. has the share price momentum move we have long expected?

Would Messrs, Adams, Leach, Munro etc., be perfectly within their rights to set such a buy option with their brokers?

That would be the ultimate sign that they were putting skin in the game rather than just relying on the free handouts at 1.25p - in lieu of salaries or not.

Could they, and should they do this? Now that I would not object to, particularly if they made it known that was what they were doing. Show the market that 2p is not only a cinch but 'imminent', and that they are intending to profit fully from its arrival...

Any thoughts?

Topicel

[rodneyjerkins] 10/1/2020 15:16

I topped up again a few more earlier today.

It is about time all of us very long term KEFI shareholders finally get a proper sustained and huge share price increase.

[costax1654x] 10/1/2020 15:06

Orm is rallying,has more cash and good prospects

[smackeraim] 10/1/2020 14:45

You can probably get tablets from the doctor for your bed wetting problem

[digger2779] 10/1/2020 13:56

Not surprised to see share price almost back to where it started before this week's news. The market has been flooded with all these extra shares and am wondering if some of the contractors are selling to get hard cash for the work they have done so far.
This is Kefi after all and until ANS part with the money the only was is down unless we get another drill update from Saudi to bolster the share price for a while?

[matthew stone] 10/1/2020 13:15

Gap closed?

[scrappycat] 10/1/2020 12:28

Thanks all. So, MM unlimited cross deals are legal, and it is immaterial, afaiac, whether it is ethical. Logically, then, the possibility that such is happening bears consideration when I try to resolve what is going on with a share price. As goatherd says, the MMs are there to make a market, and can largely make it where they wish - particularly with AIM stocks. t

[goatherd] 10/1/2020 12:07

Certainly legal.

The clue is in their job title "Market Maker" they have to be able to manipulate in order to make.

Personally I also think it is ethical.

[bejubiant] 10/1/2020 11:43

Market Manipulation (MM) .... ethical, no. Legal, don’t know

[shafaq] 10/1/2020 11:13

Normal business from Monday after Eth xmas.Ans funds countdown begins, and most probably HAA bring something from Saudi (as rushed on the same day as GM to saudi) and maybe also drill results too.News on number of fronts.

[mam fach] 10/1/2020 11:03

Considering more sells yesterday and today price is holding remarkably well.
Not long to wait for positive news.
GLA

[the charmer] 10/1/2020 10:35

They need to reconsider their strategy :-)

[scrappycat] 10/1/2020 10:28

Richsmithsmith,

Thanks for that info. It is clear that the MMs want to keep the share price as low as they reasonably can, and are trying to discourage buying.

[the charmer] 10/1/2020 10:22

It is quite clear what is happening and it is becoming more transparent as we we progress. :-)

[richsmithsmith] 10/1/2020 10:11

Most of them are buys. (Have had some myself and it appeared as a sell)

[scrappycat] 10/1/2020 10:08

Given the situation, I find it difficult to rationalise where these apparent sales are coming from. It seems impossible to believe that true investors are selling, and the scope for trading has been minimal of late. Would anyone care to hazard a guess?

I am not that conversant with the rules of the LSE, and am curious to know the licence MMs have to sell to other MMs. Could shares be traded backwards and forwards just to create an illusion of selling. Funding money could be received any day from now on, and it is in the interest of the MMs to keep the price as low as possible, so that they can benefit more from the inevitable gap up when funding comes.

All very puzzling to me.

[scars] 10/1/2020 08:23

Must be due next set of drill results soon?