Kefi Gold And Copper Share Discussion Threads

[joeblogg2] 18/8/2020 15:34

Day started out well, hopefully end better, Can't be long before someone commits funds here to get the mine going!!!

[riotinted_specs] 18/8/2020 15:31

5p for starters maybe not day 1

[mab] 18/8/2020 12:49

shortarm
noticed another share last week or so horizonte minerals that signed terms with big banks to go raise $350m over next 6 months to begin to finance a couple of $1.5 billion dollar nickel projects in brazil. 28y resource. just went up 30% on the day.

kefi being knocking on the 2p door for 1.5y now, so new highs should bring in some traders you would think. 4p area would be a good start for the long suffering shareholders :-)

[shortarm] 18/8/2020 12:39

What is everyone's guess for the percentage increase when the finance RNS lands?Minimum 50 with a max of? 120 maybe? (Same day as RNS that is)

[mab] 18/8/2020 12:36

Selling has dried up for now at these levels, just needs harry to drop a good RNS on hawaih to bring in some day traders to push it through the 2p resistence area.

think i heard harry say in last interview he's looking to get things signed off [term sheets] with the big banks and gold streamers/investors in early sept. needs to get finger out to get the major works kicking off in oct.

never been a more optimal time to get the show on the road with gold @ $2k

[shortarm] 18/8/2020 09:04

When that RNS showed I got all excited!

[scars] 18/8/2020 08:36

pog 2k again!

[scars] 18/8/2020 08:17

Nice start, now lets see if the elusive 2p can hold!

[jaylett] 18/8/2020 07:34

The Investment Strategist team at my place are long gold with a best case forecast on the upside of $2,350 within 12 months. Our multi-asset fund has been adding exposure on the back of that. Real rates hedge due to the risk of ongoing and dramatic fiscal stimulus and the possibly of a grim economic winter as Covid adds to pre-existing winter bugs to overwhelm health services.

I would imagine most IBs and investment houses are doing similar. The price is only going one way in the short to medium-term.

[sweetwaters] 18/8/2020 07:14

Gold showing some real strength. That was quite a pullback to test the nerve of holders.

Looks like holders with conviction underlying the recent rise. Speculative froth rinsed off, onwards through 2k again.

[robjm66] 17/8/2020 20:58

Yeah thats a real classic “puttin on the ritttzzzzzz”.

[topicel] 17/8/2020 20:30

As long as we don't go so far backwards that we get Young Frankenstein, eh Rob?!

Topicel

[robjm66] 17/8/2020 20:23

You could well be right Dozyduck probably we will know when the term sheets come out. It’s just with ANS it’s a bit like Jaws 2 “just when you thought it was safe to go back in the water” or further back when bride of Frankenstein came out you expected next son of Frankenstein, Daughter of Frankenstein, cousin twice removed of Frankenstein...

[dozyduck] 17/8/2020 19:54

I see bnobody has taken up my suggestion that Harry's latest hints re funding indicates a possible streaming or royalty deal to plug the ANS gap ! With gold stronger and stronger such funding becomes more feasible every day - even if a little more expensive. But makes the difference between the project happening - or stalling.

[scars] 17/8/2020 14:41

pog on a surge back up again, roll on septoct!

[robjm66] 17/8/2020 10:20

Ethiopian government have been supportive.Personally would prefer ANS not to pay up at all or if they do just a token amount that way kefi gets a greater share of TK.

ANS could very well be out anyway though they could be a source money in the future to do some kind of deal where the funds go towards other Ethiopian kefi areas.

[joeblogg2] 17/8/2020 09:44

HA realises shareholders angst and hopefully not long now!!

We have much to do to reward our shareholders for their confidence, support and patience for which we are deeply grateful and respectful. It gives me more than a little pleasure to be able to hold this meeting in Sydney, my hometown, and also to pay tribute to the large number of Australian shareholders we absorbed into KEFI from the previous owner of the Tulu Kapi Gold Project. Over US$60 million has so far been invested by our now-combined shareholders and it is great that the Project is finally coming to life after a fifteen year gestation period; and doing so at a very exciting time for the gold industry, the country of Ethiopia and for KEFI."

[jaylett] 17/8/2020 09:43

Can’t sit well with the Ethiopians?! It's the Ethiopians who won't pay up! We've been in this tinpot country for half a decade and we still don't have a penny of local funding to show for it. Oh but they've built a road apparently (that no one has ever seen).

Honestly it is a disaster of a jurisdiction. I have said it before, but I genuinely wouldn't be surprised to see actual gold out of Saudi before TK. Look back through the history of KEFI in Ethiopia and it really is a case-study for why small cap firms should avoid Africa like the plague. Yes; there's untapped resources, but there are also incredibly good reasons why it's untapped.

[robjm66] 16/8/2020 23:47

hxxps://tomluongo.me/2020/08/14/market-friday-end-comex-paper-gold/

[robjm66] 16/8/2020 11:25

hxxps://www.soundmoneydefense.org/news/2020/08/14/sound-money-caucus-capitol-hill-000275

[goatherd] 14/8/2020 12:44

Or possibly drilling at night?