Kefi Gold And Copper Share Discussion Threads

[estseon] 11/1/2021 18:01

Gold has a longer track record than Bitcoins.

[mick1909] 11/1/2021 15:50

Too early to say if bitcoin bubble has burst as the charts had it overbought RSI at 90 so people selling taking profits Not traded myself

[1deedee] 11/1/2021 15:47

Well said Belfast 41 I'm staying put,that bitcoin bubble started to burst today, billions wiped off of crypto

[belfastboyo] 11/1/2021 12:27

As a long suffering LTI I still believe that Kefi has a potential huge ROI at these prices & is a very asymmetric bet imho...downside to current share price appears limited...as valuation to any asset comparative at c40m is tiny. we all hope funding will happen in Q1 & the upside if it does is potentially huge with NPV for TKGM 65% share alone is c280m+ (at $2k AU) not including license areas, Hawiah, JQ and the massive potential there...Can't believe it has taken this long but patience needed I'm afraid.

[nico2020] 11/1/2021 11:47

Hi All, All things in Africa takes a lot longer than in any of the developed countries especially dealing with African goverments. As someone that has recently moved from the UK to South Africa it do frustrate me the Africa concept of time. I think the reason why Harry is not giving any updates on the funding is he does not have any news, as it will be with the EG.

[robjm66] 11/1/2021 11:46

Mesb48 well I am not a expert but think I have had a fairly good handle on what happened in Tigray certainly better than a lot of the talking heads in the media that got it totally wrong.

News a bit restricted coming out of Tigray but I could have put up “The final hours of Ethiopia’s TPLF” piece but A had doubts over the accuracy of some of the information considering its source and B seemed a bit off, seeming to celebrate people getting killed.

Since then especially during the last week been several different reports of TPLF leaders being killed or arrested. Looks to me that the guerrilla war scenario in Tigray has not materialized and the leaders are gradually being run down and either killed or arrested.

Still getting accounts of sporadic fighting but government forces deliberately either took or isolated towns and cities to get to the centre of the opposition means a quicker end to the main conflict but going to mean weeks of mopping up.

Government trying to keep a tight rein on news probably for several reasons one bit embarrassed that they had help from Eritrea, two initial stages when the government forces were sucker punched were probably a lot more bloody than they are letting on, three do not want to give the oxygen of publicity to the opposition.

Hardily a peep out of the opposition as leaders either dead arrested or on the run.

[scrappycat] 11/1/2021 11:44

I remain silent for as long as I wish to remain silent You are entitled to your thoughts on that matter of course, but I wish you would apply those same thoughts of yours to yourself more often. You are well known for your verbosity, and your, apparently, drug inspired ramblings. Just my opinion, of course.

[scrappycat] 11/1/2021 11:44

duplicate erased

[jlwilliams] 11/1/2021 11:34

We all know how long legal stuff takes, lawyers move at a snail's pace... and here we probably have several sets of them involved. Papers sitting in intrays, being perused and amended slightly every now and again, sent around the circle, back to the intray......

[topicel] 11/1/2021 11:32

Scappycat - it was better when you were silent.

I would have eaten my own hand long ago if that was your meaning as our so-called 'feeder' has not been providing anything by way of sustenance since I've been here.

Unless you count paper shares to nosh on?

Topicel

[topicel] 11/1/2021 11:27

mesb48 - you might be right, but we have been told for over three years that the Ethiopians are all for getting this mine up and running.

As for the others, they might be finding out what all the others have done in the past - and obviously what we don't know about - such as Standard and Odey and prospective bond issuers and Lycopodium's investment arm, ANS, among many - that something is rotten in the State of Denmark.

All the points you raise have been said before since 2017. There are only two factors that remain constant; the mine project and the man in charge.

Oh, to hell with it, IHWT. And the same value remains in the ground as has always been there. :)

Topicel

[scrappycat] 11/1/2021 11:21

Topicel,

Just out of curiosity, at what point would you have bitten/will bite, the hand that proposes to feed you?

[topicel] 11/1/2021 11:10

"Now you try to beat the resolution of the pandemic."

Blimey Est., don't give him that long!


As for Neilng, I liked his exact words:

"she is always nearly right"... a very precise order.

Topicel

[scrappycat] 11/1/2021 11:07

mesb48,

IMHO, you are right of course, but many on here don't want to know that, and don't want to read it. They want to have a good moan irrespective. In effect, the EG has controlled funding since the initiation of the agreement many years ago. The delays should be attributed to them, but they have had considerable difficulty on the political front. To my recollection, Harry has never made specific and explicit promises on dates - only demarked periods or events in terms of planned or anticipated etc. That these anticipated events have not occurred within the panned timescales is not within his control, but that of the EG.

[bluesbeater] 11/1/2021 11:01

Who exactly are we waiting on? I thought due diligence was complete and the funds would follow.

[mesb48] 11/1/2021 10:45

I agree with Belfast that patience is required. I really don’t understand some of the recent posts, and why there is so little discussion now of the political situation in Ethiopia and the conflict which to my understanding is not wholly resolved. My hypothesis is that the local due diligence is basically done, how long can it take. I don’t see the major hold up to be with local investors on the basis that if they don’t want to invest in their own country then things really are bad. But for the “£1bn global industrial company” and any other external investors I can see selling an investment into Ethiopia right now to its shareholders to be a lot more tricky until things are clearer politically, and their decision making process is unlikely to be clear cut or simple. Basically as much as I’d like to see the TK funding resolved, I don’t see it likely to be in Kefi’s control right now – Harry lost whatever control he had through previous delays. So my decision to add after the October announcement but before the conflict kicked off was unfortunate, but for those holding now it seems a straight choice between believing in the story long term or not. Hanging on previous indications about how many weeks TK funding thing will take to finalise, or which quarter it will get finalised in, is in my view oversimplifying the situation.

[estseon] 11/1/2021 10:34

neiling: the first law of marriage is that the woman is always right. The second law of marriage is that the man is always wrong for being right.

[topicel] 11/1/2021 10:23

A good moan helps many in times of stress though HB2.

Are we not all moaning about something rather a lot these days? If we weren't we'd be in a right two and eight mental state.

We've been chewing over Harry's twists and turns for more years than I care to recall and you're right it has all been unhelpful and, sadly, economically damaging too!

We need a few more IWHT's to counteract it all. ;)

Topicel

[neilng] 11/1/2021 09:47

Not what the wife says HB and she is always nearly right (and a Kefi holder for 9 years in her ISA, I will tell her about it eventually).

[belfastboyo] 11/1/2021 09:29

lol ? Yes a good moan is all we have left

[belfastboyo] 11/1/2021 09:28

Jaylett is correct...the RNS of 11th Dec states "we are on track for the principal outstanding Ethiopian project financing related matters to be completed in the coming weeks, with financial closing & the start of development planned for Q1 2021"...Coming weeks is non specific and planned is just that (not guaranteed)...patience is required I'm afraid but the fundamentals have not changed

[taxlosstone] 11/1/2021 09:24

I cannot go out for a meal. I cannot go to the shops. I cannot go to the cinema. I cannot play golf (never could, some would say) :-( I cannot go on holiday. Now HB is encouraging me to stop one of the few pleasures left to me. ;-)Despite that .... In Hairy We Trust.