Kefi Gold And Copper Share Discussion Threads

[markb125] 21/8/2020 15:30

Yes
Hawiah is located in Saudi Arabia’s Wadi Bidah Mineral District which is a 120-kilometre-long copper-gold-zinc VMS belt where over 24 VMS occurrences were defined by the US Geological Survey and French Geological Survey over many years of research

I believe KEFI have more than one target in this district!

KEFI Minerals in the Kingdom of Saudi Arabia
In 2009, KEFI formed G&M in Saudi Arabia with local Saudi partner, Abdul Rahman Saad Al Rashid & Sons Company Limited ("ARTAR"), to explore for gold and associated metals in the Arabian-Nubian Shield. KEFI has a 40% interest in G&M and is the operating partner.
ARTAR, on behalf of G&M, holds over 20 EL applications. ELs are renewable for up to three years and bestow the exclusive right to explore and to obtain a 30-year exploitation (mining) lease within the area.

[shortarm] 21/8/2020 15:07

VMS - they're just big big big :-)

[bostanli] 21/8/2020 14:29

Directors talk interview garbled but good, new presentation good,get funding in place that would be better than good, if I can add to my pot that would be also good, good luck everyone 😁

[mab] 21/8/2020 14:07

Harry in interview sais hawaih could be 2,3,4 times bigger than initial maiden resource. Sounds like an absolute monster!

[robjm66] 21/8/2020 12:08

hxxps://www.shareprophets.com/views/50737/kefi-the-start-of-a-transformational-two-months-when-shares-could-double-stance-pt-upgrade-on-news-from-saudi (no I do not have access to full article).

[digger2779] 21/8/2020 11:47

Lets hope the Saudi's have bought a rubber stamp this time round.

[bluesbeater] 21/8/2020 11:02

The 3 year chart gives a good perspective, having cleared 2p bigger rises are in the offing and the combination of funding and Saudi developments appear to be finally coming together.

[markb125] 21/8/2020 09:37

Tops absolutely we have all been waiting for the real value of KEFI and it’s in SA for sure so all the newbies have been hot under the collar focus on TK sure we need this to be funded. But I have never lost faith in where KEFI is going !

[topicel] 21/8/2020 09:27

Wasn't it always?

TK was never more than a glint in Harry's eye while we waited on the Saudis and their moves towards mining...

Still, people forget I suppose that basic truth. He clearly has either decided TK is a done deal or we should all just forget about it. H wants, and probably always wanted 'H' to make his name!

Topicel

[philby1] 21/8/2020 08:47

Great interview. Harry says that Hawiah is going to get bigger and could possibly be 2,3 or 4 times the size of Tuli Kapi depending on further drilling.:)

[shortarm] 21/8/2020 08:14

Dude, funding is imminently imminent - right around the corner. It actually is this time :-D

[peverill] 21/8/2020 07:18

Another one!!!,more in their interest to sort this funding than patting themselves on the back.

[richsmithsmith] 21/8/2020 07:12

New company presentation.https://www.kefi-minerals.com/news/presentations/2020/investor-presentation-august-2020

[robjm66] 20/8/2020 17:17

Topical Seems kefi are steadily more certain that JQ will come back but the most likely time I think kefi or harry said was January when KSA make a round of decisions over licence areas. From the response to a question I asked in the online Q and A session harry expects other licences as well in the future.

Would have a fraction of the hassle with JQ that we have had with TK the operation would be a lot simpler as would the financing with kefi being a smaller partner and the SIDF loan option.

[topicel] 20/8/2020 16:35

That is interesting about JQ Rob.

You believe that it really can be a fast track to production whatever additional - heaven forbid - TK delays might occur?

I guess it brings in funds and is, almost, ready to go in months?

Topicel

[robjm66] 20/8/2020 16:15

Yes Edgein do not understand people selling now but then I am more of an investor than a trader (at least that’s the theory) when JQ pops out of limbo think you will have a lot of people kicking themselves as then they are not going to be able to get in at such a low price.

[edgein] 20/8/2020 14:28

Rob,

Yes it remains oversold on TK alone. As HAA said 10p at $2000/oz and 20p/share at $3000/oz for TK alone. That was understandable when Saudi didn't have any mining laws (assets on hold) and Ethiopia kept popping in and out of state of emergency. This one was only for those that saw the long term value of TK and believed they would eventually have something potentially world class in Saudi and didn't mind high risk.

Even though the share price has yet to catch up things are gradually changing. The days of those death spirals are hopefully a thing of the past, although there are likely to be some equity placings at some point in the future. But currently KEFI is well positioned to take advantage of the current gold price, its a good time to be negotiating the last parts of the asset level equity funding. If they manage to keep up to 70% of TK it'll get a thumbs up from most holders I'd imagine.

Regards,
Ed.

[scars] 20/8/2020 14:16

2.09 on the Offer, small steps but in the right direction.

Every day a step closer to H's "promised" October financing!

[robjm66] 20/8/2020 14:15

Joking aside “Mkt Cap is c.US$30/oz gold-equivalent for KEFI’s share of JORC Resources at 3 projects” three projects and look at slide 26 for all the licences applied for.

[edgein] 20/8/2020 13:50

Digger,

I only held EUA on and off over 4 years, but look at their long term chart. Dilution, yes like all AIM companies that was part and parcel, only difference is there was much more dilution at EUA (currently billions of shares in issue), I guess they probably had less than 100m on initial listing. I think they had around 600-700m in issue when they brought Sinosteel in around 2016.

HAA has diluted himself too don't forget. I think that folks can count themselves lucky that KEFI managed to get financing at all. Through the financial crash and over the last 15-20 years many little small cap miners went out of business, likewise in the oil and gas sector. So you'll find these companies will take what they need to take rather than go insolvent.

Luckily though HAA has brought KEFI this far and may well be on the verge of securing the remaining stages of financing TK to first production.

Goat I agree, it'll be great if they can multiply the tonnage at Hawiah over the next year or two but the near term (18-24 months) driving factor for KEFI will be getting TK and JQ to production. The sooner they can get either of these fully funded and in construction the better given the current gold price.

Regards,
Ed.

[jlwilliams] 20/8/2020 13:50

goatherd, thanks, and yes, also I didnt know what you meant by substantial. ha ha. i'll be happy if my sipp value goes from virtually nothing to a level where I can take drawdown, afford to pay the income tax on it.....and make life in my 70s a bit more comfortable. One thing about having a lot of shares, every penny increase is very nice!

[robjm66] 20/8/2020 13:49

hxxps://www.kefi-minerals.com/files/presentations/kefi-corporate-presentation-20aug20-final.pdf