Kefi Gold And Copper Share Discussion Threads

[scrappycat] 23/9/2020 12:46

Trying to get the best deal for shareholders?

[digger2779] 23/9/2020 12:32

rob - Cheers ....oversubscribed and here we are scrabbling around to get initial funding. What is Harry doing?

[robjm66] 23/9/2020 12:07

smallcaps.com.au/megado-gold-early-close-ipo-strong-demand/

Ethiopia-focused explorer Megado Gold has closed a $6 million initial public offering (IPO) launched earlier this month following strong support from the global investment community.

Managed by Canaccord Genuity (Australia), the IPO offered 25 million ordinary shares at $0.20 each to raise a minimum $5 million and was able to take $1 million in oversubscriptions.

It was significantly oversubscribed....

...Ethiopia hosts a number of major gold interests including MIDROC Gold’s 3-million-ounce Lega Dembi and Sakaro mines, KEFI Minerals’ 1.7Moz Tulu Kapi deposit and Allied Gold Corp’s 1.5Moz Dish Mountain deposit.

My post 6058 for some detail but shows there is appetite for investment into Ethiopian mining with over subscription and early closing.

[theaviator] 23/9/2020 09:59

Lol Hopefully ;) It always tickles me when they talk about LTHs on these bbs.. because they are usually involuntarily. I did sift through Kefi back to the early days though and can see why many bought. Was certainly a great story. Am also not immune to the odd disaster - a couple of oilies. We do our level best not to be though. Right enough from me. Let's see what the next few weeks have in store.

[scotty1] 23/9/2020 09:52

I agree his targets on KEFI are on the conservative side,having said that i believe he as also tipped this on HSR (which i no longer subscribe to so not 100% sure)which is supposed to be for short term gains.Notice i did say "supposed to be" 😜

[theaviator] 23/9/2020 09:46

100% and I've also listened to Tom being knocked by others and said nothing. He gets alot of bad press which is probably only because of jealousy and competition. Personally though I believe his targets should be much higher. ;)

[bashmore] 23/9/2020 09:44

Don't know if anyone followed GGP success via Telegram. But KEFI has a new group started from T212. Anyone in?
hxxps://t.me/joinchat/R97PAB0GYRkQwJXXQ-YeMQ

[scotty1] 23/9/2020 09:40

Aviator as there is no obligation to follow TW,but one should listen to all points of view when investing/trading providing the views are all informative and valid.

[christopher logsdon] 23/9/2020 09:36

There is no way we can possibly know is there?

[theaviator] 23/9/2020 09:33

Capitalism not communism. Nobody obliged to follow.

[theaviator] 23/9/2020 09:32

Not at all. For calling shares right NOT for subscriptions. All for free with me.

[scotty1] 23/9/2020 09:26

Hmmm aviator pot and kettle come to mind

Theaviator - 22 Sep 2020 - 22:57:59 - 6282 of 6290

People follow me Rio for a reason. I make money.

[theaviator] 23/9/2020 09:19

And who is TW?! (I know who actually but..) Who cares. Never invest on what others do or think. Ever wonder WHY he has a paid membership website btw? Lol How much skin does he really have in? Reserving judgement but point is it makes no difference what someone else thinks. Neil Woodford proved that! Sheep mentality isn't a good model with investing. Make own decisions based on your own belief based on research. Many of us believe funding is about to drop and Kapi will be catapulted into the book of Ethiopian history. We shall see how soon but at over1ml ounces it's exciting at the least...

[scotty1] 23/9/2020 08:58

You may call it subtle ramping but at least he puts forward a good case for his ramblings unlike most on these bbs 😜

[scotty1] 23/9/2020 08:55

uknighted not losing on his first batch bought his second batch a few weeks ago at the 2.02p range if i recall correctly.

[uknighted] 23/9/2020 08:45

If I was being cynical I would think that TW is currently losing on this investment hence the subtle ramping.

[estseon] 23/9/2020 08:32

Thanks, scotty1

Note from the Interims that JQ's mining application might become unclogged soon. Kefi's contribution to the equity, assuming that they can get 75% debt funding from the Saudis, will be of the order of $3m. The gold produced by JQ might fund the equity required for the Hawiah mine so, once JQ can be brought on-stream, there's a chance that much (or all - depending upon rate of production at JQ) of the capital required for the Saudi exploration and mine development will be self-funded.

[theaviator] 22/9/2020 23:05

Charmer, my sincere apologies I speed read and didn't research you enough which rare of me. ATVB

[theaviator] 22/9/2020 22:57

People follow me Rio for a reason. I make money. I make alot of it and I say it how it is. I also call out idiots. Now let's be civil..Rock on Kefi. The journey is just starting...

[theaviator] 22/9/2020 22:56

I also dont do business with people who speak in riddles to be clear! Let him speak clearly and so you are very aware, his mate Yorgi lost people thousands and one investor I know hundreds of on Icon. So leave it there please.If you don't like my abrasiveness then so be it. That's how I get things done. You may think differently if you actually met me for a pint but that's up to you. I care less Rio. Truly. Best

[theaviator] 22/9/2020 22:52

If only you knew. Lol Good evening Rio!

[theaviator] 22/9/2020 22:51

For the record I think Harry is a different beast from the Emed days that were clearly incredibly frustrating for him also from the coverups in the early Kefi days. I also say bottom drawer because I think realistically this is the start of Kefi and one that will make many v wealthy and I will be sticking these in bottom drawer for retirement.