Kefi Gold And Copper Share Discussion Threads

[deanmatlazin] 16/10/2020 08:15

Next week will be a transformational news for KEFI. A very big hope that funding in place.

[banksy] 16/10/2020 08:14

If history anything to go by, any RNS will just be for a delay another delay in project financing coupled with some dubious raise to keep the lights on! Don't hold your breath

[rich1e] 15/10/2020 22:09

Your luck sounds about the same as mine Katsy.

[katsy] 15/10/2020 21:00

Arh these AIM stocks, you spend half your life waiting for that RNS and when it eventually arrives it's never quite what you expected. Well in my experience that really special one is rarely seen.

[lhoskins] 15/10/2020 18:49

RNS Can't be far away now.

[charles clore] 15/10/2020 18:40

Going nicely Mabel :)

[belfastboyo] 15/10/2020 18:34

More like buy the bar and throw a weeks free booze for all my family and mates if this goes the way I think it will ?

[theaviator] 15/10/2020 17:11

Pint of harp and a packet of dates please Laurence! ;)

[scotty1] 15/10/2020 16:20

Things are a picking up news on it's way ?

[mab] 15/10/2020 16:14

Ethiopia plans producing 137,000 kilograms of gold
October 15, 2020 NBE Ethiopia, gold mining, gold production, mines

The Ministry of Mines and Petroleum of Ethiopia has set a target to produce 137,000 kilograms of gold in the coming ten years attracting 500 new foreign direct investments and 1,000 local companies.

In addition, the country also aims to produce 10,000 kilograms of gold by artisan miners in ten years. This is indicated on Monday at the discussion the Ministry held with regional governments in Adama City of Oromia Region of Ethiopia. The country has also set a target to produce 100,000 tons of marble and 30,020 tons of other industrial minerals and 30,000 kilograms of minerals used for jewelries.

In the last three months, Ethiopia has earned $178 million from export of gold. During the meeting the participants mentioned contraband trade of gold and other previous minerals as major challenge the country is facing. The report of the Ministry shows that mining sector in Ethiopia, which is one of the top priority investment area sect by the government, is expected to create jobs for tens of thousands of Ethiopians if properly regulated and managed.

[mab] 15/10/2020 16:10

someone happy to snap up 1.8m shares @2.15 today £40k buy not too shabby single purchase for kefi

[mab] 15/10/2020 16:06

from lse board simms45
the 137k ounces over 10y is 4.4m troy ounces (oz t) in gold

"The Ministry of Mines and Petroleum of Ethiopia has set a target to produce 137,000 kilograms of gold in the coming ten years attracting 500 new foreign direct investments and 1,000 local companies."

"This is from monday during a meeting of the ministry of mines in Adama City of Oromia Region but news that i spotted today.

Interesting timing to be in Kefis neck of the woods in Oromia for a mining meeting and talking of job creation and gold mining targets?"

hxxps://newbusinessethiopia.com/mining/ethiopia-plans-producing-137000-kilograms-of-gold/

[belfastboyo] 15/10/2020 15:51

Agree aviator...I find it unbelievable that anyone with an ounce of common sense would be selling shares in Kefi atm...or whingeing...selling a massively undervalued asset at c2p within 2 weeks of a potentially game changing announcement seems nuts to me...and the past is a forgotten country...a company should be valued on the future value of its projected discounted cash flows...future being the key word

[charles clore] 15/10/2020 13:13

If the meeting is held in Sydney again then good luck!

[theaviator] 15/10/2020 12:05

Superb. That would be very handy and also in terms of timing!

[you for coffee] 15/10/2020 12:05

Got this off another Board

Goldman: "Next year, we expect the largest refined copper market deficit (412kt) in over 15 years due to current positive demand trends. As a result, we have recently raised our copper price forecasts to $7,000/7,250/7,500/t on a 3/6/12m basis"

[theaviator] 15/10/2020 12:04

Yeah and I'd have been out at first sign of BS. They get one chance with me. He knows though the opportunity is ripe now and I think it'll come. Just takes time to do these deals and covid plamdemic can't be helping. I truly hope you fervent LTHs get the deserved prize.

[you for coffee] 15/10/2020 12:00

Problem is Aviator some of us have been here 10 years and know all about the rubber stamp, but I remain optimistic, particularly in this environment!

[digger2779] 15/10/2020 11:44

Middle of October and zilch. Harry's most exciting 6 weeks of his life have passed I believe. Bet he's been partying every night and is too exhausted to pen an RNS or even hire a ghost writer.
I think he chose October as the clocks go back an hour which gives him an extra hour if needed. Sly old fox.
Never mind there's always another 6 weeks for some of us as long as we keep on breathing and take our meds.

[topicel] 15/10/2020 11:11

Why 2.09? I accept you are confident that Harry will deliver and there will be no 'delay', blimey how most here hope you and he are right this time...

Like I say, the mood music is in line with all the other deadlines. No inkling that anything is gaining momentum or actual supportive news that implies the financing (not the mining community) is as impressed with Harry and his negotiating skills; not any inkling that things are moving 'in preparation' on the ground.

These are basics in company management and PR and, like every time before, we are left with the same old 'suck it up' feeling as the deadline approaches. Or, as you so eloquently put it 'does sh*t happen?'?!

It seems you are making a binary bet, red or black, like so many have before. Will the wheel stop on our number this time??? Every reason to think so and plenty of experience that tells us otherwise.

Hey ho, back to sweeping leaves. Just last minute nerves that all the promise is gonna be met with another big raising and 'next quarter' for paperwork and final checks RNS instead of the real deal.

You'd think he'd manage a good faith payment out of these guys as what we are developing is just so enticing, wouldn't you? A bit like the Gov not putting any penalty clauses in the Test & Trace contracts ;)

£7k a day, why worry if that's the deal?!

Topicel

[robjm66] 15/10/2020 10:12

hxxps://stockhead.com.au/resources/explorers-podcast-megados-ethiopian-gold-push-set-to-light-up-the-asx/

hxxps://switzer.com.au/the-experts/tim-boreham/gold-threads-spinning-off/

[theaviator] 15/10/2020 10:05

Good man! :)