Kefi Gold And Copper Share Discussion Threads

[tim_the_trout2] 21/5/2020 19:07

Thanks for the waffles Tops, good news indeed.
The webinar was quite vacuous, you didn't miss anything.
We're all having weird hallucinations about the Kefi share price.

TTT

[unionhall] 21/5/2020 19:02

Hi topicel, I haven't been logging in recently and so was not aware of your family difficulties. My best wishes for a good recovery....

[1deedee] 21/5/2020 18:37

Sorry shortarm had a few beers

[outlawinvestor] 21/5/2020 18:35

@Rob, +1 multiple times for your live reporting, thanks.

[topicel] 21/5/2020 18:23

Thanks Rob, and for your updates yesterday on the webinar. First time I haven't listened in for years, which tells a story in itself, whatever spiel Harry came out with this time...

As you all know, my 'disinterest' and lack of pithy posting (ok, long-winded rantings) recently has been because our Marc has been laid very, very low by Covid-19 since entering ICU and sedation on April 3rd. Well, miracles continue because he has been moved to his own room on another ward at Guildford Royal Surrey, the Compton.

It is some team there, for those who fancy googling it. Basically complete rehab and recovery for RTA's, transplants and, of course, now CV-19. All mixed too, so he'll have a high old time getting to know them as, from Monday, he has been able to walk a few feet (zimmer aided) and even speak a little on ipad chats etc. He didn't reckon much to the pureed food, but even that might change as the trachy came out yesterday too!

Apparently he has had some weird hallucinations (also usual it seems) and keeps asking why the clock always says the same!? I recall my old Mum had a stroke in 1970 and telling the time was an issue in recovery, so maybe mini-strokes happened to add to the kidney failure, heart attack and all the rest of it.

Did I say before that all here should remain 'alert'? No packed beaches for moi and the better half...

Just wanted to waffle. Now, that Harry geezer, is he gonna be a diamond at last?

Topicel

[robjm66] 21/5/2020 17:56

1deedee think most of the news will drop next month for kefi though I could be wrong. Meanwhile though expect gold price to go higher and the gold mining sector to get more interest and investors. Think it already happening to an extent which is why kefis price was lifting pre the placement arrangement and it likely to only accelerate as people look for a new home for their money as other sectors are hit.

[shortarm] 21/5/2020 17:44

Surely if you had no words you'd just shut up and wait for the gold to flow?

[1deedee] 21/5/2020 17:29

I also see someone paid 51 pence for 55 shares good luck to him he's definitely going to double his money :-)

[1deedee] 21/5/2020 17:27

Large purchases yes I see them

[the charmer] 21/5/2020 17:07

Sage advice.

[scrappycat] 21/5/2020 16:51

deedee,

Whatever ANS does, it is my understanding that the EG have effectively guaranteed full funding will be in place to ensure the mine development starts in October 2020. Someone recognises the potential, for large purchases entered after the closing bell.

[1deedee] 21/5/2020 16:48

This is from a chap called Simms a knew investor too kefi should expect a lot more new investors coming on board in the next coming weeks good luck everyone that's me done

[1deedee] 21/5/2020 16:45

Love it when a CEO says "Its a 10 bagger" just for Tulu Kapi and double again for the Hawiah project. Given the investment to date of $50m on Tulu Kapi this is a project to watch as there is huge upside given the pitiful £13m valuation.

[1deedee] 21/5/2020 16:43

i was reading a recent share price Angel report and in terms of enterprise value per ounce of gold resources classed as measured
and or indicated KEFI was the lowest of any gold company in the AIM market. i cant actually see but the exact value as it was so low but it looks about $20/resource ounce in the ground. That is ridiculously low compared to its peers and it looks KEFI are close to the mine build starting. I understand some delays due to ANS but in this bull market it cant be hard to find a new partner but expectation ANS will come through. By comparison another gold miner i invest in Condor Gold ranks 6th at US$36.51/resource oz. i have been looking through the boards and watched the webinar today but also interested to get any overview from long term holders. KEFI does seem a company under the radar and CEO seems pretty straightforward. from the other site

[1deedee] 21/5/2020 13:20

Just added again as well fully funded until funding this will certainly double in price if not triple on news no ramping intended just my thoughts

[bluesbeater] 21/5/2020 13:09

More an incorrigible optimist than gullible in my book. If I wasn't guilty of the same I would have sold long ago. Just added a few more... My umpteenth purchase...

[goatherd] 21/5/2020 10:38

estseon,

Yes, I suppose it was. I am very sorry, I did not mean it that way.

"If you have the time and inclination" was more what I meant.

Incidentally Harry is NOT my hero. He has made expensive mistakes (especially in funding arrangements) BUT I am not sure he had any options.

I think his main fault is that he may be a bit gullible - he appears to believe what people tell him; or perhaps he is just not a very good judge of character.

[bostanli] 21/5/2020 08:31

I do,much appreciated and also agree with Tax, keep it up est!!

[taxlosstone] 21/5/2020 08:15

I think that most on this board really appreciate your input, estseon. I know I do. One thing about goatie is he's normally scrupulously polite. I think that he just felt that he was possibly putting you to trouble. Guess he'll be able to explain his thoughts better than me.

[estseon] 21/5/2020 08:06

goatherd,

that's a rather sneering request - "if you can be bothered"

An NPV is a discounted cash flow. Initial costs are accumulated until time 0, the time when revenues begin to flow, and the projected stream of revenues and costs are then discounted back to that time, the NPV being the excess of the DCF over the accumulated costs at time 0.

HAA is always making these throwaway remarks, like the one in December 2013 about commencement of production in 2016.

Your idol does not define cash flows in that throwaway remark. He does not give the slightest clue of the cost of what may be a 3-stage mine development, nor of the period over which the 10m tonnes of ore will be mined.

If you want to place some kind of value on his throwaway figure, think of an appropriate "value in the ground". So, for instance, 10m tonnes @ 2% at, say. $1,000/t metal works out at about 2.8p/share.

What used to be a company-maker has suffered from the savage dilution that resulted from the failure of the Company to even properly fund the work needed on the unfunded TK project up until 2016, the original commencement of production target. He saw a candy in the store, wanted it regardless and he has left a trail of sweet wrappers ever since whilst he tries to find the sugar candy hidden inside. And, as he peels off the wrappers and casts them aside, the sought after candy shrinks in size.