Kefi Gold And Copper Share Discussion Threads

[joeblogg2] 20/5/2020 12:53

All the more reason to get the mine up and running asap for EG to take advantage of revenue in these times!!!!

[mam fach] 20/5/2020 12:44

All very apt and factual comments.
Everyone has different view point, mainly depending on what price they bought at.
Rather comforting that price is holding at this level.
GLA

[asif12] 20/5/2020 12:38

And this is all based on current price of gold. By the time Saudi kicks in we don't what the price of Gold will be.

I adding as much as I can when funds become available.

[taxlosstone] 20/5/2020 12:33

I think he implied that it could be a 20 bagger rather than a hundred bagger.

[asif12] 20/5/2020 12:32

And what about dividends? They will be paying that as well at some point when all of this is up and running.

[digger2779] 20/5/2020 12:28

Cheers Shortarm.. that would be most acceptable if it happens in my lifetime 👌🤞😁

[shortarm] 20/5/2020 12:20

Doesn't include Saudi.Maybe Saudi will ten bag your ten bagger?

[digger2779] 20/5/2020 12:18

Ten bagger equates to 9p at current buy in levels.If you take into account the 17:1 consolidation then this is just over half a pee for us lucky nervous nellies/stale bulls.
Assuming this bagging will take place we all should have waited until now to buy in but had we had done so there probably wouldn't be a company as there would be no-one to milk. I'd have probably lost my money elsewhere so am hoping to he pulls this of soon.
Does the 10 bagger include Saudi as well? Not listened to podcast as I can't stand looking at the bloke anymore.

[scrappycat] 20/5/2020 12:00

Scars,

Viewed objectively, I find it difficult to envisage what he could truthfully say, other than what he did say. The Covid19 pandemic is playing havoc with the economies of the world, and this havoc is only likely to escalate as time passes. No country can be confident of its financial future, and unemployment will continue to rise enormously. Government revenues will decline markedly, and expenditure will increase drastically as funding is provided to the vast numbers of unemployed. It is quite possible that this is only the beginning. Until a vaccine is produced, and with no real treatment or cure in sight, the future looks pretty bleak.

The Ethiopian economy is not immune from this. Harry emphasised this, and other problems that had impinged on the project. However it does seem that TKGM offers a 'golden' opportunity for the EG to offset the damage caused by the Covid19 effects, and the EG will be well aware of this.

In this climate, pretty much anything any government/company says should be taken with a pinch of salt, through no fault of their own. Survival is the name of the game.

[sussexlibran] 20/5/2020 11:39

@scars - a VERY large pinch! I bought my first tranche at 3p old money - and then, Harry was saying the share price would get to a quid! So him harping on about a ten bagger is just the usual sales talk, trying to keep people interested. Money talks....and, as yet, there is none.

[the charmer] 20/5/2020 11:33

Spot on Welsh wizard

[mam fach] 20/5/2020 11:16

Might as well hang on to your shares now.
Not many have bought much below today's price.
GLA

[gdavies2] 20/5/2020 11:12

Turkey again. Hope it’s better than last time.

[scars] 20/5/2020 11:06

What he said was basically as expected, this is Harry, say one thing, what will actually happen and on what timescale... completely different. Large pinch of salt required!

[philby1] 20/5/2020 10:55

Overall very happy with the podcast. Good questioning from Rosie and I thought Harry came over very well with his responses. I've added a few more shares based on this.

[bostanli] 20/5/2020 10:50

Well I have been waiting this long so another month or so is no problem to me. :-)

Commencement of Drilling at Artvin Project, Turkey

AIM: KEFI

5 November 2009

KEFI Minerals, the AIM-quoted gold and copper exploration company with projects in Turkey and the Kingdom of Saudi Arabia, is pleased to announce that a drilling programme has commenced at the Artvin Project that is aimed at a very large geophysical anomaly that can be caused either by a porphyry copper-gold deposit, or a volcanic-hosted massive sulphide (“VHMS”) deposit.

The Artvin Project is a joint venture with Centerra Gold, who is currently funding exploration in order to earn up to 70% of the Artvin Project upon expenditure of US$6 million. KEFI Minerals is the manager of the joint venture.

The 1,200m drilling programme is planned to comprise four diamond drillholes at the Yanikli Prospect. The target is a strong induced polarisation (“IP”) chargeability anomaly with partly coincident anomalous levels of gold and base metals identified on surface. Previous diamond drilling by KEFI Minerals in late 2008, on the eastern margin of the chargeability anomaly, intersected gold and base-metals mineralisation, including 2m at 20.9g/t gold, 14m at 1.0g/t gold, 64m at 0.35% zinc and 44m at 0.57% zinc.

The Artvin Project is located in the Artvin Province of northeastern Turkey and comprises 15 tenements, which cover approximately 254km2 within the eastern portion of the Eastern Pontide Belt. The Eastern Pontide Belt is a major metallogenic province in the eastern Black Sea coastal region and is prospective for VHMS deposits, porphyry copper-gold deposits and epithermal gold-silver mineralisation.

KEFI Minerals’ Managing Director, Jeff Rayner, commented:

“Late last year, we received very encouraging results from the initial diamond drilling programme at Yanikli. The results of which suggest it could be a high-grade VHMS base-metals deposit or peripheral to a porphyry copper deposit. This prospect has all the characteristics of a significant mineralised system.

“We look forward to receiving the assay results from this follow-up programme after drilling is competed in December 2009.”

Enquiries

KEFI Minerals

Fox-Davies
Capital

WH Ireland

Bishopsgate
Communications

Jeffrey Rayner

Oliver Stansfield

Katy Mitchell

Maxine Barnes

[scrappycat] 20/5/2020 10:43

Not a scintillating performance, but was certainly adequate and improved as the interview progressed IMO. The content, I found to be very reassuring, removing any doubts that the mine will start full development in October. In himself, he seems confident that this is worth 10 bagger status just for TKGM, and that the prospects in SA will add to this hugely. A very promising future it seems, for those share holders that are prepared to wait a little longer.

[robjm66] 20/5/2020 10:25

Taxlosstone harry says he does not read the boards so we can be as mean as we like ;-)

[robjm66] 20/5/2020 10:24

Yes would be good to see Jeff Rayner give it would kill of some of the wilder conspiracy theories and show Kefi is not a one man band and behind all the BS and noise its all about the actual geo potential.

[scars] 20/5/2020 10:23

Roll on the 10 bagger!

[glennborthwick] 20/5/2020 10:21

agreed rob, he said he wouldn't be able to keep them from presenting the geology.

[bostanli] 20/5/2020 10:19

Nice to see Jeff Raynor give that update!

[taxlosstone] 20/5/2020 10:18

He is a very nice man & I hope all you naysayers are feeling thoroughly ashamed of yourselves. ;-)

[robjm66] 20/5/2020 10:16

Mentioned someone from the geo side doing a webinar which could add a bit of colour Glenborthwick.