Kefi Gold And Copper Share Discussion Threads

[robjm66] 11/9/2020 12:05

They were not so much retracted as paused JL Harry expects other areas to be awarded.

“G&M also has a large portfolio of Exploration Licence Applications in Saudi Arabia that are prospective for both gold and copper-gold mineralisation”;

hxxps://www.kefi-minerals.com/files/reports/kefi-2019-annual-report-final.pdf

“We have registered applications for exploration of other areas selected from our proprietary database, aggregating more than 1,000 square kilometres in Saudi Arabia.”

[jlwilliams] 11/9/2020 11:54

how many other concessions Kefi might be able to get their hands on - do we still have the licences for about 23 areas in KSA, or were they retracted with JQ?

[robjm66] 11/9/2020 11:47

From lse kefi board
Simms45 
Posts: 884
Price: 2.41
No Opinion
Hawiah PEA Next Week?Today 11:16
Harry has repeatedly said the PEA for Hawiah will be released in September and given there is a good chance he will have a RNS for TK at the end of September or early October potentially the Hawiah RNS might come out next week? Harry has repeatedly said they have barely drilled this but he suggests it will be a multiple of the TK resource in time as they have not drilled at depth yet or far along strike.

The massive Copper/Gold find in Saudi might just keep on growing and growing like GGP has managed to pull off. Given Saudi are offering 75% mine finance at low interest and our partner is the Al Rashid family who have concessions all over Saudia Arabia if Harry can pull this off then you can imagine how many other concessions Kefi might be able to get their hands on. i have a feeling Kefi has a very long way to go and mix in very influential circles so i think Kefi is not a one trick pony but could grow substantially once we get TK and Hawiah under our belts.

[robjm66] 11/9/2020 11:36

Kefi gold copper and moon dust?



"Companies would be paid 20 per cent up front..Companies will have to collect Moon 'dirt' or rocks from any location on the lunar surface, although they won't have to return them to Earth."

What's not to like?

[scars] 11/9/2020 09:10

Just trying to tempt some sellers IMO

[bashmore] 11/9/2020 09:06

With the spread that you could land a plane on it would be tricky taking profit intraday.

Looks to me like a healthy pullback

[soilderboy] 11/9/2020 07:54

Day traders.

[bejubiant] 11/9/2020 01:54

Easwarareddy... my birthday mid October, so here's to you having a GREAT day, and me having an even LARGER one!!!!!

[easwarareddy] 10/9/2020 23:34

I want the 5p plus now though! Lol. Friday tomorrow... no one wants to be out on a Friday. My birthday next week.... so come on sp!

[robjm66] 10/9/2020 23:26

Been strongly rising for months Easwarareddy and that's before what should be transformative news.

[theaviator] 10/9/2020 23:16

Easwaeareddy , Don't sweat the dailies. Just focus on that funding.... PMA.... It'll happen :)

[easwarareddy] 10/9/2020 21:04

Why do we lose any gain made during the day everyday. Wouldn't mind nice steady risers

[1deedee] 10/9/2020 18:04

I don't mind a little retrace in share price at all as long as the upward trend continues to be honest let's face who would be selling right now just day trading really now I feel they're going to regret it soon

[riotinted_specs] 10/9/2020 15:50

That was the FED and now Bank of Canada. Missed a couple of words

[riotinted_specs] 10/9/2020 15:50

Hey Scars, let us not forget the small matter of $10 TRILLION of QE and money printing. The Fed and yesterday committed to keeping interest rates low until 2023. Hello gold. I said $2020 in 2020 and that was a conservative estimate which I think we will bust through. And I think a prediction of $3030 in 2021 is equally conservative.

[riotinted_specs] 10/9/2020 15:44

Yeah, maybe it was the 2 million shares later on that was holding the share price back. Don't know the board just looked funny. Was it you Scotty

[1deedee] 10/9/2020 15:16

World War 3: China sends ‘aggressive217; orders to India as countries risk all out war

[1deedee] 10/9/2020 15:14

Let's not forget China and India over Kashmir that could explode any moment

[livewireplus] 10/9/2020 14:13

I would think that China & North Korea may also be able to add to world turmoil in the medium term... ?

[scotty1] 10/9/2020 14:10

You sure it was a sell rose as it's from y'day at around 16.50pm when the offer was 2.52p at close and the trade was at 2.54p

[scars] 10/9/2020 14:08

POG heading back North IMO....

Trump stating may not recognise defeat...
Brexit talks on the edge with international law breaking...
Oh and Covis-19

Interesting times ahead

[riotinted_specs] 10/9/2020 13:47

And there is is somebody closing a near 11 million share position sell into a rising price. Anybody here? I doubt it, certainly not an LTI, not now as Saudi news and TK financial closure is imminent. Maybe it's Spreadex. I mean their may be a short spiked 10% gold correction. I personally do not think gold miners will be particularly adversely affected given we have all yet to see the full upside of gold prices going up. Gold mining stocks have gone up 34% compared to the 58% rise. Typically that should be more like 134% and much more for junior miners. I will not be caught out with a potential short gold price correction not worth the risk. Would buy the dips though. Should be up, up and away for the foreseeable future - particularly is theirs is a spike down in gold.

[riotinted_specs] 10/9/2020 13:02

Despite all the blue and red ink on the trades. I see very few sales. It is an illusion the small buys are at a higher price blue and the more sizeable buys are at a lower price often showing in red. Maybe just a few sales in total this morning and that is it. I wonder if we will see after hours somebody closing a large position. If that is not the case then this has to pop up.

[riotinted_specs] 10/9/2020 12:58

Good note Edgain. You mention you would like to see JQ developed sooner rather than later due to the current gold price. If it were strictly down to the gold price, I would prefer if we wait as I see gold rising - and substantially - for a very, very long time. Regardless, I too would like to see JQ development start as soon as possible because we have thousands upon thousands of square kilometres of pegging rights in both the Saudi and Ethiopian jurisdictions. And JQ development is but one small yet important step and enabler for KEFI to continue our journey. There is gold in them their prominent hills lined through a shiny deeply incised valleys containing metasediments and metavolcanic rocks. And there is a hell of a lot of copper and gold in that them there ridge - with pegging rights beyond the VMS finding. We do not even know how long that big mattress shaped mineralised nugget goes on for.

[edgein] 10/9/2020 12:24

Any optional equity element for JQ would be pretty small, here's a snippet from the KEFI website:

"Combined with the potential for development loans for up to 75% of capex requirements, it may be possible for KEFI to fund its share of the equity portion for less than $5 million in equity."

It may or may not be developed before first production from TK, given the small DEVEX and the current gold price I'd prefer if it were before 2022.

Regards,
Ed.