Kefi Gold And Copper Share Discussion Threads

[outlawinvestor] 30/1/2020 06:16

Ethiopia: Ministry Grants Five Mineral Exploration Licenses



"The government is committed to develop the mining sector. Ethiopia is endowed with a vast mineral and hydro carbon resources. In the coming years we should be able to develop these potential and contribute to the fast economic development of the country," Samuel said. He assured the companies that the ministry would provide all the required assistance. "You are lucky that you are starting your work at a time when the government is committed to transform the mining sector," he said.

[oilisgold] 29/1/2020 18:45

Chances of RNS are indeed increasing everyday as we get closer to end JAN. What most forget , its not just about ANS , the stakes are a lot higher and the Ethiopian government expects and fully behind the Mine being built. Lot of players are involved here, not just few but many.

[oilisgold] 29/1/2020 18:42

Yourself worried about 2p and maybe 3p. Historically the companies that are solid normally get taken out by big players and when the market does rerate, it rerates these companies in many folds. Key is to stay focus and leave the shares running in your Sipp or ISA. 2p or 3p or even 4p is not a question for me, its not if but when. Hopefully this time its not another decade wait.

[estseon] 29/1/2020 18:39

taxloss

it's good to look on the bright side. Assuming that HAA did mean it when he said on the 6th that the money would be received this month, the probability of it coming "tomorrow" is indeed increasing.

At the 2016 AGM, HAA said (see the RNS): "...during the coming quarter, the Government is scheduled to start implementing the community resettlement programme."

It is surreal how Brexit and this project have run in parallel over the last 3 1/2 years.

[oilisgold] 29/1/2020 18:37

Cvm9 Aka Gooner, i know my trading and investing strategy. Being an old man , i seen it all. Life , you got to enjoy and when your innings can end anyday, you have to enjoy each day as it comes. Some of us have and are heavily invested in kefi and been here many many years. Its no punt money and its only recently most of us have started to average down. I had written this investment off as i believed political problems in Ethiopia would get worse. But i was wrong and after 4 years of political turmoil , things are looking very positive. In kefi we will have a Gold mine in Ethiopia in 2 years and Saudi discovery will be one of the best. So, i am very confidence in the returns here. I am.not here for day trading this share as i make plenty if money trading other shares via CFD and spread bets. This is an investment and i will certainly be here in few years if my innings hasnt ended.

[neilng] 29/1/2020 17:24

Thanks, that makes me feel a lot better!!!Now what can I sell to buy some more KEFI and lower that average to climb the social ladder?

[digger2779] 29/1/2020 16:50

Hope he's not using the Ethiopian calendar as it's 7 years behind ours. Hmmm come to think of it!!!

[cvm9] 29/1/2020 16:44

Gooner how dare you question Oils&fraud's credibility. He knows what he is on about don't you know. ANS RNS tommorrow, or maybe Friday, or even next Monday.Be 2p next week, then 40p end of month. He certainly is taking a 'pantsdownpounding' as he likes to say.

[gooner1886] 29/1/2020 16:33

Ans next monday? Lol tbf you never said which which monday boooop

[scrappycat] 29/1/2020 15:57

Well, I make no claims to be clever, but I do have the courage of my convictions. When the share price was wallowing in the 0.7-.075p range, I paid good attention to what the EG and the company were saying at the conferences in Africa. Also, the initiation of the relocation program persuaded me that this was not a measure that any government would undertake lightly. In combination, these convinced me that the mine would open. Consequently, as a LTH I decided on a major averaging down exercise which, as a result, means that I now hold a fairly significant number (for me) of shares with an overall average of 1.47p.

Admittedly, I am in the fortunate position that failure would not affect my lifestyle, but I remain very optimistic that it will provide some very helpful funding for my grandchildren. Good luck, and congratulations, to all who averaged down to whatever level.

[whatnow1] 29/1/2020 15:34

More like "The Hotel California"..Welcome, but you can NEVER LEAVE"
Well not with a PROFIT..

[taxlosstone] 29/1/2020 15:24

neilng
Reminds me of that old sketch with Ronnie Corbett, Ronnie Barker & John Cleese:
I look up to any new entrants in Kefi but I look down on you. ;-)

[oilisgold] 29/1/2020 15:07

Money will come and its not if but when. Many here waited soo long and hence makes no sense to sell out now soo close to a rerate.

[oilisgold] 29/1/2020 15:04

ANS are no punters, bunch of hard-core experts and know what is at stake, so are just following internal procedures.

[oilisgold] 29/1/2020 15:03

Just stay calm and take a chill pill and all will come good. Kefi are in a critical path now and all finally coming togther. The nervous ones here are the traders that jumped in for a quickly but now soiling THEIR PANTS.

[oilisgold] 29/1/2020 15:00

No wounder 7 out of 10 punters never make money....like new lambd....bah...bah

[cutandpolished61] 29/1/2020 13:54

I've seen horses puke in front of the pharmacy but I can't imagine any more delay or even a failure here. Too much government involvement all the international PR. The face loss would be colossal.

[taxlosstone] 29/1/2020 13:52

I reckon ANS have a fabulous sense of humour & are tickled pink by the comments on this bulletin board. Where's the fun, after all, in entering a deal & then honouring it quickly? ;-)
Anyway, permission to look smug please? I have today reduced my average price from over 4p to around 3.75p Pretty smart, I'd say, if you ignore the technical point that I'm down 62% :-(

[enter] 29/1/2020 13:27

You're great at sarcasm Shortarm. Why should I be called an idiot for questioning whether there will be a Q4 update before the end of January? That is a valid question which any investor should be asking considering there's only a couple of days left.

[shortarm] 29/1/2020 13:13

Bit derisive that and not like your usual high quality detailed intellectual posts....?

[goatherd] 29/1/2020 12:59

Enter29 Jan '20 - 12:56 - 1194 of 1194 (Filtered)

as clearly an idiot

[goatherd] 29/1/2020 12:59

I wonder how that duplication happened - perhaps I was the idiot!