Kefi Gold And Copper Share Discussion Threads

[red rook] 05/3/2020 10:42

... said one rabid ramper to another :-)

[scrappycat] 05/3/2020 10:31

RTT,

IMO, a great post. Sums up my feelings superbly.

[goatherd] 05/3/2020 10:22

My two questions for Harry are
"Please can you tell us when we may expect first pour?
Please can you tell us how much more dilution we can expect by first pour?"

[red rook] 05/3/2020 10:21

... do the right thing ... and apologise !

[red rook] 05/3/2020 10:17

RoseTinted_Specs,
... the record is there for all to judge ... don't obfuscate :-)
... your rabid and shameless ramping is clear...and has proven to be wrong every single time!

[riotinted_specs] 05/3/2020 10:12

Okay, so here is why I invested in KEFI and could be a useful description to both new perspective LTI entrants as well as traders. it has been just 4 days since KEFI received formal go ahead of the TULU KAPI gold mine. A go ahead with full, active and intimate Government partnership. The EG are constructing critical transport and security infrastructure directly attributed to this mine. This includes roads, an airport and, not least, security reinforced by the military. The Nobel Peace winning EG Prime Minister's hands are all over this. And its no wonder just the first TULU KAPI mine asset alone will represent the largest export revenue generator for the fastest growing country on the planet. The current declared KEFI NPV is a minimum of 10-15x multiple of our current market capitalisation and the corresponding share price is valued strictly on this single JORC Certified Gold asset. The NPV doesn't take into account the equivalent gold mining opportunity directly below the TULU KAPI mine. Nor does it include the surrounding catchment area where KEFI have first movers advantage and first pegging rights of refusal. So when we look at subsequent phases there will be enormous cost efficiencies and increased profit margins due to the - in place - critical transport, military, mine and human resource infrastructure. Regarding humans, I have never seen a social contract so boot strapped. This has included a comprehensive and detailed family by family relocation compensation assessment. KEFI have gone well beyond the government declared remuneration requirement with what equates to life changing money to said community. As regards ANS, the investment bank set up exclusively for Ethiopian mining. They have formally signed off on TULU KAPI as their first investment and we await notary conclusion and imminent first tranche funds. ANS is comprised of the most respected and successful Ethiopian financial and political elite. So let us be clear this is not some dodgy, early stage fly by night banana republic. exploitative mine with pie in the sky speculative AIM promises. It is rather a superb mining find, best explored and developed by an outfit both lead and full of Australians. The Aussies, as we all know are among the best miners this world has to offer. And for this shield geology they are, without question the very, very, very best and indeed the pioneers of such mining on their own land. So this is the real deal and a culmination of a decade of jurisdictional instability which has been resolved by dramatic, sweeping Ethiopian Nobel Peace prize winning democratic reform. And finally, the current NPV has yet to also take into account KEFIs additional assets in the Saudi Arabian Nubian shield. Exploration has uncovered easily accessible, shallow depth VMS Volcanic Massive Sulfide. BIG mineral NUGGETS. The Saudis are and will continue to be an easier and less bureaucratic nation to deal with from a mining and resource perspective. Saudis are much more sophisticated and accustomed to such foreign investment and have been for a century in the oil sector. Here again KEFI have pegging rights that far exceed the specific area we are currently exploring. Early finding have copper grades upwards of 5 percent. This grade is 10 fold to that of many, if not most, of the existing existing profitable largest copper mines. Incidentally those mines will now go deeper into existing pits at much higher costs and lower grade to that of what they are doing now. So the profitability of shallow depth combined with high grade copper has an exponential order of magnitude on profitability. All at a time when the worlds cooper supply is dwindling and demand is dramatically increasing. We are moving to an electrified world and away from fossil fuels. To note but a few examples.. electric cars, busses, and charging point infrastructure, solar, wind and any renewable energy, the ambitious Chinese Belt and Road infrastructure initiative, imminent US reinfrastructuring. And of course critical to the Saudis, the natural transition from decreasing oil production providing the world with energy derived from fuel towards providing the world with electric based energy from such metals as copper. I reiterate my near term 6p forecast and minimum 40p within a 15-18 months. And I hope the RNS doesn't come out until EUA comes off its trading suspension due to an imminent massive takeover. They have gone from 0.4p to 7.3p and likely double all since October. I envy those who invested in EUA that take their profits and commit to KEFI, a derisked multibagger. Adding volume to trading to benefit KEFI LTIs and traders alike. I do not see any patience required for those that have invested in the mid to long term as we have this in spades. But for recent entrants, hold your position, then continue to hold it.

[neilng] 05/3/2020 10:09

Re DIVMAD post-2393

'He says he did hold 2m shares but sold out'.

So why is he lurking around this BB when he is not a shareholder?

Filtered.

[riotinted_specs] 05/3/2020 10:07

Oh heavens Red rook you are just more noise, yet another uninvested, impoverished. This kid is actually a teenager.

[red rook] 05/3/2020 10:07

RoseTinted_Specs ...are you not utterly ashamed of your post 2035 !

'' ...the price is holding steady and nudging upward. 1.63 WHAT AN AMAZING PRICE. I'm sure yourself and many would chew off their right arm to get in at this price now rather than a higher one 10 years ago. Tell your friends and family to get in, you'll be a hero. This is a life changing multi-multi-bagger''

[the charmer] 05/3/2020 09:44

Well, reading all the comments on here it should make a very interesting webinar this time round.

[aimtrader2] 05/3/2020 09:35

QandA has done a decent job on it.

[aimtrader2] 05/3/2020 09:35

Bouncing well today

[sicilian_kan] 05/3/2020 09:05

Divmad, I agree entirely. I had a good run here from 0.7p to 1.6p (and then again from 1.3p to 1.6p+) in some decent size, but only retain 25% of my position here, until the funding position is clarified. I'm sure there are others like me. Of course it all bodes well if there is good funding news, but the bulk of my investment here has been cashed out pending to preserve profit and to mitigate risk.

[divmad] 05/3/2020 07:59

Matthew, full credit to Kefi for the q and a responses. If success on AIM was measured solely by the frequency and responsiveness of such actions, then Kefi would be a blue chip counter by now. Sadly, it is not. And folks here should reflect on why it is that the more a company feels driven to engage in such comms, the more down trodden becomes the share price and sentiment towards Kefi and HA. Kefi had such a good thing going. It still might have, IF the funding goes through, one fine day. In the meantime, clarity is needed from ANS about the timing of its payment obligations. In my dictionary, that is obfuscation.

[matthew stone] 05/3/2020 07:47

Well, they didn't ignore the question, and got a response out quickly - you have to at least give them that. Most AIM cos don't even have a q&a facility afaik?

I am somewhat reassured, but I still think Harry needs to provide more detail tomorrow - exactly how many processes remain before money actually changes hands? How long will they take? How and why do they differ from the steps laid out in November, was it?

[scrappycat] 05/3/2020 07:41

You just don't get it, do you Divmad. It is not the company, or Harry, that is obfuscating as you put it. It is the EG and the ANS. Also, to accuse anyone of 'obfuscating' is wrong IMO. Procrastination, yes. Obfuscation, no. In no way is your comment objective.

[divmad] 05/3/2020 07:16

Nope, neither. Just objective.

[aimtrader2] 05/3/2020 07:15

The answer was clean tbh think you are just short or stupid.

[divmad] 05/3/2020 07:05

A dead cat bounce coming this morning. Nothing more. That answer was bs. What other arrangements are now needed other than the documents to be notarized as per the last rns? Please speak in plain English, Harry. Don't obfuscate any longer. Your reputational damage cannot be greater at this stage. The only thing that will save that is the immediate release of the initial tranche of cash by ANS.