Kefi Gold And Copper Share Discussion Threads

[peverill] 06/3/2020 17:24

He is having our pants down,he hasn't a clue when things will move,when money will come or the timescales of the EG.And yet he picks up £30k a month plus expenses,he is a sheister,full stop.

[robjm66] 06/3/2020 17:24

hxxps://www.kefi-minerals.com/news/webcasts

hxxps://webcasting.brrmedia.co.uk/broadcast/5e5654752cd9120cce9f96b0

[robjm66] 06/3/2020 17:18

Digger2779 the reply was something like he could not say it would be this Wednesday or that Wednesday (bit like a plumber when you ask when they can fix the heating) but he was confident that ANS would pay up.

The plan that the money would be paid in tranches to save money. With the locals think he said the would be moving closer to final closing might make sense to give them some of the moving money before that as they might get annoyed at the long wait.

[digger2779] 06/3/2020 16:47

Robjm66 - I was under the impression that the some of the ANS money would be used to compensate the farmers? Why bother parting with it this month if they wont be moving till September? Doesn't make sense but there again none of this does.
I did ask the question "no ifs and buts but can you give a date when the initial ANS funds will be released" but no reply.

[thedickster] 06/3/2020 16:43

Just for the record. I do so love the piano riff. XXX

[robjm66] 06/3/2020 16:37

Car crash Brr webinar all he had to say was still expect ANS to pay first tranche this month they are not reluctant to pay up in fact the are looking to raise more money in the future to put in but things are simply being delayed by red tape and doing things for the first time.

[goatherd] 06/3/2020 16:26

So, as we are owed $7m will that remove any need for dilution once ANS have handed the cash they are contractually required to?

And which they are apparently going to do this month. But ?????

[jaylett] 06/3/2020 16:26

Every single poster on this and every other board believed the ANS money was about to hit. Long termer or trader, we all read the RNS and Q&A and made our decisions accordingly. And now he's got the front to say that none of us appreciate how tough and difficult and complex it is!

We went on what we were told, which was unequivocal. They were his communications and now he wants to pretend that he tried to warm everyone. He hasn't got a contrite bone in his body and he couldn't care less about the real world implications of his mistakes.

He's an appalling man.

[robjm66] 06/3/2020 16:22

Hawiah
Harry still in Ethiopia when he is coming through london did not make it this week but should be over soon. Frustration about reporting, smell (of success) around the corner. Hawiah decision too early to pick path yet worth vms system copper gold silver maybe zinc a sit stands already the same size bigger than TK but do not how much bigger. First pour a few years in production simplicity of finance in KSA? maiden resource mid 2020. Need more assays in. If Feeder zone discover could be something for a major could be in billions of dollars.
Jibal qutman string of pearls open pit stuck in regularity system but development plan.

TK section Cannot promise not to dilute but focusing on project level funding. Company manager of joint ventures. NVP of TK plus H multiple of share price risk diminishes as company advances. Sniff of something material.
Government, African banks, election.. election being moved meant delay to full closing. Will it have impact on mine start? Cannot move bulldozers in but prelim work can be done.

Regional government not effecting things. Project debt, bonds, banking term sheet signed for closing full closing after election not a problem.
Engineering stream, social stream, sign off process's. Road already started. Project equity funding will occur government closed already ANS yes confident they will close they are respectable people but slowdowns caused by security concerns they needed reassuring site now safe.

Notarization, government department in Ethiopia its different from here, get money flows registered but under control. Completion list shown to bank barely anything left to be done for them. Seven waivers were needed from Ethiopian banks. Cannot give a precise day for ans to put money in.

Project schedule production start in Ethiopian full production 2022 schedule slipped a few months, Government already started roads and electricity supply.
------
Basically the delay now is not ANS dragging their feet in putting the money in but they cannot put it in till all the bureaucratic red tape is out of the way and that's taking a long time as they are having to do things for the first time.

"Now this is not the end. It is not even the beginning of the end.But it is, perhaps, the end of the beginning."

Maybe Harry should have just said that and dropped the mike but sounds like he was ill and threw up mid interview. Someone at Kefi should have told him not to do this right now and get someone else to do it.

[topicel] 06/3/2020 16:17

Meanwhile, silly beggars, or more likely Roger Howe in disguise, wet themselves that they are being called names when right in front of their eyes/ears the guy who is the architect of value destruction for shareholders lords it up while the share price is destroyed again.

They probably think it ok the lights are on though.

So do I; I just can't see any more with that blizzard of tough sh*t that came my way.

All genuine longs, like Estseon, are appalled by this crass Aussie.

Enjoy your weekend waiting on the next non-oblivion dilution at sub-0.8p. At least he's stopped talking.

Topicel

[scrappycat] 06/3/2020 16:16

Nobody on this board can state 'how it is' Only Harry knows how it is as far as the company is concerned. All people can do is state how they believe it is, and how it affects them, despite Topicel's assertions.

All just my opinion, of course.

[digger2779] 06/3/2020 16:14

At least the army is guarding the tool shed which would appear to be our only tangible asset.

[nash81] 06/3/2020 16:07

sold mine and move to ORCP... news next week.

[glenalmond] 06/3/2020 16:06

WALOFS 🤬

[jaylett] 06/3/2020 16:05

So:

Mine delayed, nothing's really happening on the ground, no farmers have moved or will move for six months, expect dilution because how else would I get my salary, ANS will pay but no one knows when, the process is a nightmare, every step takes weeks, no one knows how many more steps there are, the mine is delayed, stop moaning it's AIM, oh and did I mention dilution.

Nice one.

[glenalmond] 06/3/2020 16:03

GBH of the lug holes that last hour was.

[cybaajak] 06/3/2020 16:03

Full production in 2022... So that is a sketchy December 2022 schedule that Adams may not make. Again.

[nash81] 06/3/2020 16:03

damned..september before anything happening,,,, what a waste of time

[unionhall] 06/3/2020 16:02

Glad to hear twice that he has lovely homes and a ranch in Australia and Cyprus (paid for by Kefi shareholders over the last six years).

I wonder did he throw that in deliberately to wipe our noses in it ?

[glenalmond] 06/3/2020 16:02

Rabbit, rabbit, rabbit, rabbit, rabbit.