Kefi Gold And Copper Share Discussion Threads

[chopper harris1] 16/3/2020 09:31

But we haven't got any bloody gold! It's stuck in the ground for at least another few years.

[robjm66] 16/3/2020 09:29

Everything down apart from gold, interest rate cuts will not work next stop will be firing up the printing presses and governments trying to inflate debt away all good for gold.

[cybaajak] 16/3/2020 09:06

Big Sofa, an AIM Lifestyle Company for its 'dreamers' chair and board, pumped by TW as being a recovery got suspended this morning with the reasoning that "funded until May 2020 it required a dilutive placing to remain viable. Upon approaching said finance companies the 'planned placing' was refused as market instability could not guarantee a positive outcome for them.

IF Kefi is looking for the same thing, doesn't bode well for Budda & his cronies.

[pjj71] 16/3/2020 08:56

I'm guessing ANS have gone into self isolation.... so no change, wallets remain closed.

[scrappycat] 15/3/2020 11:32

Topicel,

Maybe you are right, but there would also seem to be an option for the EG to take a more positive view, and provide the funding that will confirm the mine will open. This would be a step that would both benefit their image, and cheer up the population somewhat. It is all a guessing game.

[robjm66] 15/3/2020 11:31

The analysis indicated that case numbers rose in line with average temperatures up to a peak of 8.72 degrees Celsius and then declined.



hxxps://www.worldweatheronline.com/oromo-weather/et.aspx

Look like it will spread a lot more slowly in Ethiopia Topical.

Not going to close down rural areas how would they enforce it anyway plus less older people around to catch it.

hxxps://www.macrotrends.net/countries/ETH/ethiopia/life-expectancy

Possible that the virus even if it does spread in Ethiopia is going to be less of a threat than other health concerns that they have to deal with everyday if you told them it might have a one to five percent death rate they might laugh and give a list of things they might catch all worse.

[topicel] 15/3/2020 09:03

Lol Rob.

Pity Ethiopia no longer has. As if we needed any more hassle with this share, has Harry any hope of getting ANS to pay up if the virus takes proper hold in Ethiopia?

I'm presuming far flung outposts like TK will not be hit too badly, and that the population will be younger and more resilient, but as with all the SME's elsewhere, Kefi will still be paying the bills I presume as most normal activity grinds to a halt?

And as I might have mentioned before, we have a dozen or more staff sitting around largely doing only a fraction of what they should be doing for over a year, will they be laid off, as BA and other airlines are intending, because otherwise the company is threatened?

Or does Harry just raise at 0.5p, or whatever it will be that the markets - even if they are amenable - will let us get away with to 'keep the lights on'?

Rough time for all. Here in France my Jan's local hairdresser has just completed a move across the street to a bigger premises, had it all refurbished with new equipment and employs 4 young assistants. Usually very busy with the exact same customers that are most vunrable, what we used to call the 'blue rinse brigade'.

Add that lot up and its most of her income stream. There'll be a lot of grey haired ladies about all of a sudden who weren't before. And then the youngsters with their tints, highlights - 'can't go to work because of bad hair day' etc...

But the bills will keep coming. Harry should ask the Ethiopian Gov, seeing as we're so important, the No. 1 priority, to give us a cash injection. Hell, he should have done that before anyway 'to keep the lights on', even if earmarked just for TKGM.

At least we can't blame Harry for C-19, but our financial position is his fault due to bad forward planning and not being tougher with our various backers sooner. Delayed elections will be delayed further next, oh so important...

Topicel

[robjm66] 14/3/2020 19:07

From daily mail comments section.” I don't have many friends, do most of my shopping online and almost never leave the house. I have nerd immunity.”

[matthew stone] 13/3/2020 18:48

I've also bought a few more more this week, but I am keeping some powder dry as I feel that the general market turmoil and/or a small placing could push this down still further. Not too bothered about that; I will just buy more.

I'm looking forward 5yrs+ here, and I'm still confident we will see a share price over 10p well before that.

[asif12] 13/3/2020 18:03

The problem is, I think even when the money arrives, because of the way the market is I am not expecting much of a share price hike. I hope I am wrong.

[czar] 13/3/2020 17:59

I've been a shareholder for sometime but went in the market today to buy stock around 0.8p. This was trading at over 1.8p recently and nothing has changed. It will take closings and updates to get this moving but I believe these will happen so bought in now, if I wait for the news first I think the price will be over 2p.

The open pit mining has 1,600,000 oz worth over £2.5b. Its hard to know what the underground mine has but we do know that the Saudi deposit is bigger than Tula Kapi. If TK has total reserves of £5b and Saudi has say £7b that is £12b for a company with a market cap of £9.4m and that may be very conservative. That looks like a reasonable punt to me for at least a ten bagger more likely a twenty bagger from here. Its been a frustrating time over the last year but I think 2020 will be the year when the funding comes in and the updates on the scale of the resource flow. All imho.

[scrappycat] 13/3/2020 14:38

Well, Harry certainly does not have the full confidence of many PIs, yes, but he certainly seems to have the confidence of the EG and ANS, for they are funding the project, and backing Harry to run it etc. Like all PIs who post here though, I just wish they would be somewhat more forthcoming with their cash. Knowing something is very likely to happen is very different from something happening, and the EG/ANS seem blissfully unaware of, or do not care about, the frustrations of those already invested.

It is true, that we know virtually nothing about what is going on in the 'corridors of power' in Ethiopia, and, I suspect, that the company knows not much more than we do. Twas ever thus.

[adrian1001] 13/3/2020 13:40

A very good interview. Whilst historically the information given in RNS's and other sources have been woefully inept and inadequate re real information and timmings, it is very clear no one on this board knows didly sqwuat about what's going on and what's involved regarding getting something like this up and running and into production. It's all guess work and ego blustering with little or no substance. I'm not a Harry fan and never have been, I'm sure he must have a character but shows little to really gets your attention or full confidence, but as he said, he, other board members and corporations have over 15%, no one has sold any shares and his point about the board members is a valid one. No one with their credentials would be involved if it was not going to happen.I see he is preparing for his next role should Kefi fail, the next Buddha, too much fine dinning on his meaguer salary.

[robjm66] 13/3/2020 12:42

Thanks christy41.

[jaylett] 13/3/2020 10:54

We definitely could have done with that Harry in the webinar. More relaxed, more confident, more CEO-like.

[mronions] 13/3/2020 10:26

I am a shareholder again ...

[christy41] 13/3/2020 09:48

From Assay TV.

[robjm66] 12/3/2020 17:20

You have a point Topical think some of the world leaders are still in denial a rate cut is not going to hold the virus back. Still think Trump will get re elected though as Joe Biden is such a weak candidate and Trump can say there was nothing anyone could have done about the virus.

Be interesting if Joe Biden has Hillary as his running mate.

[topicel] 12/3/2020 16:17

We're used to sitting it out. We have an expertise beyond parallel!

What I don't quite understand is why if the markets can suspend individual shares (and the DOW at 7% loss for 15 mins) the global stock exchange shouldn't just be suspended until it is considered save to come out from our caves?

They bailed the bankers before, so freeze all listed investments and decide to allocate the long-mentioned but never tried helicopter money to those with real need. Freezing all repayments too and make the banks wait for their money for once.

One month, two, three, whatever it takes our good friends Sunak and Lagarde have said, channeling their inner Draghi and his bazooka, or was that the one before at the ECB?

They have the capacity in times of war and, the way this is going it is a war now.

One good thing is Trump won't get re-elected on this carnage.

Topicel

[space_bob] 12/3/2020 15:47

Thing is Greatland Gold is up 9% today just on finding gold! Even bought some PRU shares earlier because I thought they were a bargain and wouldn't drop much more - immediately dropped another 10%. I think I'm jinxed so the good news for you is I'm out of Kefi.
I'm mostly in cash at the moment, but if there's a bounce tomorrow I think I'll sell everything and sit this out for a while. Looks like quarantine, school closures etc are coming to UK and US and every announcement will bring another big fall.