Kefi Gold And Copper Share Discussion Threads

[shortarm] 28/7/2020 13:19

Cyba, when this comes good I hope you go from being where you are now to being a happy individual..Much water under the bridge, just a little more to go....

[cybaajak] 28/7/2020 13:13

Let me peruse the list of criminal convictions of lying and/or people accused of directly misleading investors that have been successfully prosecuted.... O wait

[cybaajak] 28/7/2020 13:07

Adams has been a managerial and financial disaster for this. In 2016, at the crux of potential, has done nothing for this company other than to enrich himself, and delude investors. 4 years to achieve nothing but dilution to investors and enrichment to himself. Kick Adams, give him nothing, invite any unknown, with a mediocum of business sense and remove, for ever, the undeniability of market sentient in his lack of ability.

[shortarm] 28/7/2020 12:51

The board have spent more money on Kefi shares than they have received in remuneration........ Now that’s faith :-D

[scars] 28/7/2020 12:39

As many have said KEFI may develop a mine and the share price may one day represent the value that people are referring too, but not because H has done a good job for the company or share holders.

[shearluc] 28/7/2020 11:30

The frustration with the time being taken is understandable...We'd all like to be rich today!

But it's important to choose the right option, and with more than one financier involved there is probably quite a bit of spreadsheeting / modelling to be done. Every rise in the gold price puts us in a more powerful negotiating postion.

Patience...it will happen...browse the Porsche website while we are waiting!

[goatherd] 28/7/2020 11:28

It is a criminal offense to lie in a RNS.

Also what is said in a RNS is rigorously controlled by the NOMAD (nominated advisor).

[robjm66] 28/7/2020 11:16

"the 6km flat road on govt land into new host lands for resettlers is being bulldozed. the 27km new road to tk is surveyed in through land being expropriated as first step. and bridge components being fabricated"

[scrappycat] 28/7/2020 10:32

harrisun,

The initial Funding Agreement was with the old government. Following the coup, all had to be renegotiated, and shareholders informed of developments. No need to bother with a question in this regard IMHO.

[bobthetrader] 28/7/2020 10:03

I wouldn't read too much into the words used. At the end of the day I doubt Harry knows. As long as it is completed before the close.
You can ask the question on Thursday, reference to post 5158.

[neally99911] 28/7/2020 09:50

what do you guys make of the of the changing of the timing of project funding from "significantly ahead" finance close in october to just "ahead " ???

[neilng] 28/7/2020 09:41

WTF are you doing here?

[scrappycat] 28/7/2020 09:40

Will one of the detractors please enlighten me.

If funding had been provided earlier, what exactly would we have done with it. Until the preparatory infrastructure has been completed, what progress would have been made towards opening the mine. Without access roads, and enhanced electricity input, little could be achieved, and, like it or not, this is in the hands of the EG, and they have had much to cope with in recent times.

[harrisun] 28/7/2020 09:30

Which October? you must admit this funding has been rather a farce. Ethiopian government in full support, yet how long has this project been awaiting finance? There are only so many times you can sell the same thing.

If funding occurs then I'd expect a major rerating of Kefi

I'm in profit too, but that has little to do with the BoD's performance.

I'm looking for multiples of price if things really get going.

[scrappycat] 28/7/2020 09:27

Topicel,

As a long term holder, I am in profit. Are you?. I think not. To date, it seems my opinions work out more favourably than yours. Time will tell, and I would certainly have to eat humble pie if I am wrong. I trust you will do likewise, if the October deadline is met !!!!

[harrisun] 28/7/2020 09:25

Lost most BoD's especially mines, the only value they add is to themselves in remuneration whether in shares, options, pensions etc.

[topicel] 28/7/2020 09:21

Shortarm - true, but are you really saying Harry is managing the process well, and been adding much of worth?

Where's the bond? Where's the lots of investment options (2016 variety)? Where's the Lyco bond management team? What ever happened to the locals being moved in October 2016? Where is the three stooges who head ANS that are going to invest $3m themselves?

Where is ANS? Are the banks - finally named - in, out or shaking it all about ;) ?

All from Harry, off the top of my head. Like the handling of the pandemic, there are so many mistakes and wrong decisions that people simply forget about it all and move on.

That is why folk get the Donald, and now Boris. And we get Harry!

Topicel

[shortarm] 28/7/2020 09:05

So many naysayers - all looking good to me! Never invested in a mine that was on time yet!