Kefi Gold And Copper Share Discussion Threads

[richjj] 13/11/2020 18:45

Sounds plausible to me Rich1 as well...seems very possible from what they are telling us.

[rich1e] 13/11/2020 18:37

There are loyal supporters, and those who’ve backed Harry, only to find themselves continually on the wrong side of the argument and looking misguided, at the hands of those who’ve maybe learnt the lesson somewhat quicker. That in itself is a travesty, that those who call him out, continually get the upper hand. My hope is that Harry’s either learnt this for himself, or RAB, who with 12%, are going to feel equal disappointment are going to point him in the right direction.

The answer is to set achievable timescales, which is why I’m hoping that the current two month window might turn out to be a buffer for what might turn out to be a few weeks.

[richjj] 13/11/2020 18:25

Thanks very much taxlosstone.

I guess only following Kefi with investment since March this year I don’t have much history or views on Harry from those previous times. So perhaps naively , my support is based on the company’s output I have seen to date . Seems comprehensive and professionally put together but I admit it’s still more also a country risk bet not just Kefi.Additionally their dilution with the RAB money hurt me a lot no doubt with many others initially but that has since corrected itself therefore to me funding management is now key. Although I think positively RAB’s influence perhaps has been useful keeping an eye on things as doubt they would not invest unless they thought a decent return is possible. However I need to still wear that hard hat for the next few months.! cheers.

[taxlosstone] 13/11/2020 17:49

Rich, I fully understand. The reason I posted my comment was that we have some very loyal supporters of Harry on this thread. They dismiss missed timetables because although Harry gives expectations, hopes, guidance, aspirations, anticipations, declarations, probabilities, etc he can & does miss them all because he never makes promises, oaths or declares anything definitively at all. :-(

[topicel] 13/11/2020 16:37

Sky have been reporting on it today, interviewing a fellow from Amnesty.

It does appear the massacre was not the Government troops but quite how these things can be verified is nigh on impossible. Hopefully the rebels will slink off to Sudan too.

That it is all contained is the best we can expect so TK funders don't find excuses to delay, or worse, go back on their non-binding term sheets. Lol.

Topicel

[jaylett] 13/11/2020 16:11

"There remains some near term funding risk"

He should have saved his fingers and just typed that. The rest is waffle.

[richjj] 13/11/2020 15:11

I get your frustration taxlosstone all I was referring to was Kefi’s presentation in October which mentioned :-

“Q4-2020 Milestones: Tulu Kapi funding details confirmed by/for all consortium parties, Tulu Kapi district exploration licences granted, Hawiah deeper drilling to report orebody extensions”

...all they need to do is deliver which is taking time but then again these are emerging markets ..but I’m still hopeful.

[rich1e] 13/11/2020 14:15

Billion ftse listed industrials, I wouldn't be surprised at Centamin, we'll see.

[shortarm] 13/11/2020 14:07

Wasn't it described as a billion pound commodities company? :-)

[rich1e] 13/11/2020 12:10

As the last funding news took the share price from 2.2p to 3p in five minutes after the open, I would guess a 3p open on funding completion is a given.

[digger2779] 13/11/2020 11:55

We are in Q4 now not that it matters. To avoid any further disappointment we should use the Ethiopian calendar which is 7 years behind ours. So Xmas 2027 it is then guys if covid doesn't finish us off first.

[jlwilliams] 13/11/2020 11:39

I thought he changed it to Q4?

[mick1909] 13/11/2020 11:37

If it does this will go around the 5p mark probably after 2-3 days trading look at VOG trading near 7p from 2p

[rich1e] 13/11/2020 11:14

I'm going to say next week. I still think it'll be sooner rather than later.

[jaylett] 13/11/2020 11:08

He assured investors that full financial close would happen in October. Until we see cash in the bank, words aren't worth a monkey's toss with this company.

[belfastboyo] 13/11/2020 10:52

Yes Rich, as an LTI here I have been waiting forever it seems for final funding closure so a few more weeks is nothing really provided it happens of course....ultimately I keep the faith on the basis that gold/PGMs are only go much higher over the next few years & Kefis TKGM opportunity alone is likely worth c15p per share at $2k AU and 65% o/ship. And Hawiah and JQ are also huge assets that may soon be exploited

[richjj] 13/11/2020 10:12

Agreed. It’s a little unsettling that the finance is taking this long however unfortunately patience is still the name of the game as the company’s dynamics haven’t changed.

...funding , licences and update on Saudi drilling all promised for this year.

[rich1e] 13/11/2020 10:01

I was expecting news this week, on the assumption that something often promised for the end of October would more likely take an additional 2 weeks than 2 months.

[belfastboyo] 13/11/2020 09:46

Yes terrible waste of life. I truly hope and pray it finishes quickly with peace, security & the rule of law brought to the area.Security must come before prosperity.Different topic...Comex says gold is worth $1880...but try buying an ounce at less than $2,000...LOLKefi volumes tiny...everyone holding heir breath...come on Harry finally deliver for once

[robjm66] 13/11/2020 09:12

hxxps://www.amnesty.org/en/latest/news/2020/11/ethiopia-investigation-reveals-evidence-that-scores-of-civilians-were-killed-in-massacre-in-tigray-state/

Clear from original report rebels just targeted people from other ethnic groups hopefully it will shorten the whole conflict by rallying support behind the government.