Kefi Gold And Copper Share Discussion Threads

[theaviator] 16/10/2020 14:36

Katsy, when I called ICON a disaster and that the chart had broken down at .30 on that BB it was ALL on a chart. Just saying. The same went for Ascent resources. Charts work on anything. You will always find some kind of a clue if look hard enough at them if there is any kind of liquidity. Kefi isn't illiquid. I'm trying to be helpful mate. Get yourself in here before you jumping to try and catch the kite!

[robjm66] 16/10/2020 14:17

hxxp://www.xinhuanet.com/english/africa/2020-10/16/c_139445391.htm

“According to Hailu, amid the growing foreign direct investment from China and elsewhere, the East African country is becoming a "very important" destination for foreign investors.

A number of companies are coming from Asia, North America, and also China and others, including from Australia and Europe. Most of the investors are coming from China. This is because Ethiopia has very huge investment potential," Hailu told Xinhua.

Courtesy to Ethiopia's positive investment climate, Hailu cited a recent report from the United Nations Conference on Trade and Development (UNCTAD), which ranked Ethiopia first in the Eastern Africa region in terms of attracting foreign direct investment, while the country is also placed fifth in the African continent, next to South Africa, Egypt, Congo, and Morocco.

According to Hailu, one of the main reasons why most foreign companies prefer to invest in Ethiopia is that the country has "very conducive economic factors."
Noting the East African country is one of the fastest-growing economies in the world, Hailu also stressed that "we have very favorable market factors" coupled with the country's well-developed infrastructure, which is very important to engage in investment projects."

hxxps://africabusinesscommunities.com/news/dfc-invests-$1.55-million-in-ethiopias-tulu-moye-geothermal-power-plant-project/

U.S. International Development Finance Corporation (DFC) has committed $1.55 million in technical development for the Tulu Moye Geothermal Power Plant Project in Ethiopia.

[peverill] 16/10/2020 14:02

Most exciting 6 Weeks in Kefi history,well 4 week in and to press the most nail biting in their history not at all exciting.

[deanmatlazin] 16/10/2020 13:56

A reminder. Next 2 weeks we shall get the news about funding.

The Ethiopian Govt announced in March the postponement of the August election due COVID-19. The Tulu Kapi Gold Mines Consortium is preoccupied with health and safety and not with election politics. Some mine development projects in other countries have been suspended due to COVID-19. But be that as it may, the scheduled closing of project finance in October 2020 is based on the consortium’s judgement that the project will proceed without further delay. Our management, banks and contractors are familiar with projects internationally and are well-placed to proceed if health and safety are kept under control as has been the case to date and as the prognosis appears today.

Posted 12 May 2020

Q: I noted from a couple of recent interviews and presentations that the funding piece is moving along well. Should we expect the senior debt and project equity pieces to be announced and / or closed at the same time, suggested to be October, or will they run independent in closing to one another?

A: The foreshadowed sequence is for:

- September to be for finalisation of project level equity or offtake-linked subordinated debt with those parties and with the banks providing the senior debt; and

- October to be for confirmation by the Government and the equity/debt providers of all details at regulatory and board-levels so we can mobilise funds and people.

The completion of any material step is announceable when it does not compromise commercial negotiations (ie compromise shareholders’ interests) and when the relevaant counterparties confirm.

Posted 07 September 2020

[theaviator] 16/10/2020 13:52

You sounding a bit desperate bud. Katsy, I'm just tearing up my charts and going to light a bonfire. (Not!)LolI suggest....reading......WD Gann...;)

[theaviator] 16/10/2020 13:48

I'm saying nothing here and biting my tongue but I am having a bit of a giggle....LOLLLLLLLLLLL

[goatherd] 16/10/2020 12:32

Katsy,

True. What charts do do is say what a lot of investors are thinking. I believe they are largely an opinion measuring device.

Not that I think they are much use for small stocks - although it might be different when turnover is high?

[katsy] 16/10/2020 12:09

All these charts and TA count for nothing unless Harry is true to his word and delivers.

[riotinted_specs] 16/10/2020 11:28

Another WOW moment from yet another world class, credible and respected mining chartist. https://twitter.com/northst18363337/status/1315061573837357056?s=21

[riotinted_specs] 16/10/2020 11:24

for those that are curious here is a link to a world renowned chartist reviewing KEFI. And I quote "WOW!" KEFI and UFO are by far the most bullish charts out of all of the UK mining stocks he reviewed. hxxps://youtu.be/rbqw9wd6i0o?t=548

[topicel] 16/10/2020 11:02

If the timing could get any better then I'm not sure when!

The stimulus package will arrive and the AIM tiddlers will benefit like they did in 2009/10 when, basically, almost any oiler, miner or small cap would shoot up on any old news, or none at all!

The cyclical bull for the junior markets is waking up, snorting and about to stamp its feet before charging ahead, and as was observed all tiddlers are surging this morning in the light of the Russell 2000 in the States bucking the downward trend of the DOW, S&P and Nasdaq...

What a nice time to be announcing a gold mine. Harry, you have no excuses now mate.

Edit - interesting post about UFO Lhoskins. Missed the twitter chart implying 1.72p and see it has left that behind this morning too and sits at 2.5p or so. More importantly that was from 0.1p in the Spring, so what, a 25-bagger in six months???!!!

It is even outdoing EUA. If my arithmetic is up to it a 25-bag here would take us from 0.6p to 15p, and many a happy LTH.

AIM is primed; Kefi is primed; what could go wrong???

Topicel

[edgein] 16/10/2020 11:01

Rio,

Great post, spot on fella!

Nice to see some speculators and price action before the potential news.

Regards,
Ed.

[mustafa15a] 16/10/2020 10:50

Go kefi go

[digger2779] 16/10/2020 10:47

Looks like yesterday's whingeing is starting to pay off lol. I'll have another whinge later on if I see a pullback.

[lhoskins] 16/10/2020 10:24

Incase anyone missed this video a few weeks back. We've seen what happened to UFO over the last few days. Could be the same here with a bit of luck.

[lhoskins] 16/10/2020 10:22

https://twitter.com/badcharts1/status/1316797354733981697?s=19

[belfastboyo] 16/10/2020 09:40

Imho anyone selling Kefi at these ludicrous prices (valuation) is not being at all logical. There are only really 2 scenarios that will be announced on/before 26th Oct. One - the funding is completed and we are moving to build and production of a mine that (with underground) will produce c200k ounces gold valued at x10 current market cap (ignoring Saudi assets) OR two - slightly delayed but srltilk going ahead within months

[philby1] 16/10/2020 09:35

On one of the TW interviews Harry said that the intention was for him to be in Ethiopia 'early October' so he should be there now. ;)

[deanmatlazin] 16/10/2020 09:32

News any time now. Funding in place..this will over shoot 4p in no time

[pennstreet] 16/10/2020 09:32

Looking like people are expecting news next week?

[you for coffee] 16/10/2020 09:31

Seems like all the aim resource companies are going up at the moment!!

[shortarm] 16/10/2020 09:29

Taking off now.... Harry in Ethiopia yet?

[matthew stone] 16/10/2020 08:16

something brewing? Can sell at 2.21 - well above actual spread?

[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