Kefi Gold And Copper Share Discussion Threads

[belfastboyo] 19/2/2021 11:07

That would be illegal...any sensitive insider information needs to be disclosed via RNS....The company raised c£3m+ at the end of Nov and had at that time zero debt so I don't expect any placing of any sort before end March....or before funding for TKGM is closed...but pressure is on to close for sure before end March so share price can re rate to reflect this major development in value creation.

[rich1e] 19/2/2021 11:02

If this is a fourteen bagger from here, they can look after each other as much as they want.

[katsy] 19/2/2021 11:00

Of course this could be another GKP back in 2009, when they did a fund raise at 5p just to days before they announced they stuck oil and the share price hit 70p that day. SPIVS look after each other that way.

[kelotoni] 19/2/2021 10:57

We know the names of the 2 African Banks.
Trade and Development bank of East Africa and African Finance Corporation based in Nigeria.
Listen here from 18.59 hxxps://www.youtube.com/watch?v=RFZeg6tIuIk

[rich1e] 19/2/2021 10:56

Unless close to the finance deal means a couple of weeks after at 10p. What should he do before or after, decisions, decisions?

[katsy] 19/2/2021 10:48

If he does another placing now so close to his reported closure of the finance deal and especially as he did one late last year then that will show total and utter contempt for his share holders.

[sammy g] 19/2/2021 10:39

Does look like forward selling but doubt it actually is,more like some activity ahead of the new tax year which you see lots of on Aim.

[robjm66] 19/2/2021 10:34

Harry made clear any local investment (or not)would not be allowed to alter or slow down the timetable. Just does not make sense trumpeting any lack of local investment though think everyone here would be happy with a bigger slice of TK.

[taxlosstone] 19/2/2021 10:28

Love your positivity. Multiple missed guidance by you know who leaves me rather more sceptical, I am afraid. Goatie once said that no news is good news because they would have to announce any lender backouts. As I said at the time, only if you knew their identity. I wonder if the local investors time has run out or if they are in. Or worst of all, if they are still mulling in which case I suggest that we do not hold our collective breaths. :-(

[robjm66] 19/2/2021 10:21

Time for final closing still on track but would expect some news on TK and from Saudi before that, think a few people waiting on the side lines will get caught out by a rise in the share price before final closing.

[rich1e] 19/2/2021 10:04

Well he needs to learn to under promise and over deliver, rather than trotting out expectations and delivering nothing. And so if he wants to keep his cards close to his chest and then deliver finance signed off on Monday, I'm fine with that also.

[robjm66] 19/2/2021 10:01

Think the plan was to release a name or names over a month or coming weeks after his comment. Think Harry is just being cautious or over cautious wanted to or wants to release names close to or fairly close to the closing of finance.

Previously doubt the big beasts involved wanted their names released too much in advance of final closing plus you do not want to much of a gap between releasing names and final closing as you do not want the positive Impact on the share price to dissipate.

Ideally could do with some release of names and some positive Saudi news to drop a bit before TK news to boost the share price before the even bigger boost of TK breakthrough.

[taxlosstone] 19/2/2021 09:40

Harry said that lenders relaxed about being named. His decision not to announce. Why would he hold back?

[rich1e] 19/2/2021 09:25

It would be good to get the names of the finance partners on Monday. Give us a good start to next week.

[belfastboyo] 19/2/2021 08:40

No Harry has already stated in a number of webinars he will stand aside in 2 or 3 years as they move to production for more of an operational CEO type/miner...presume he will stay the course until retirement (unless pushed out due to failure to deliver the funding goods)...hope not...as a very LTI I want to see funding closed, Hawiah move to DFS & funding, Jibal Q to come on stream & a x10 to x20 reratr

[chopper harris1] 19/2/2021 08:29

If he doesn't deliver the "100% certain" TK funding by the end of March then there must be questions asked as to whether he should still be around by mid 2021, in my opinion.

[scars] 19/2/2021 08:24

Does anyone still think Harry will still be around in mid 2020's!

[katsy] 19/2/2021 08:24

Err when sells were 2.06 I tested the waters to find out what was going on. I could only get a quote to sell 100k at 1.91. So this tells me a seller is in town and has been for the last 2 days. Don't get me wrong I want more of these but I will wait for a lower price that will come.

[shortarm] 19/2/2021 08:21

Did you get out of the wrong side of the bed this morning fella?

[shortarm] 19/2/2021 08:20

Sells at 2.06 - this is all over the place!Something is going on but I've no idea what lol

[katsy] 19/2/2021 08:20

What does it matter what price gold and copper is at the moment if they are still 2 years away at a minimum from digging it out the ground.

[topicel] 19/2/2021 08:18

Maybe because we have to deliver on what is happening at TK for anyone to consider Hawiah or other Saudi prospects likely success stories?

Plus, despite forward pricing, the market will know we won't be digging up any copper until mid-2020s at the earliest, so pricing it in is doubly silly for now.

Adding 'copper' to our name is a signal but not an immediate one. We are still, first and foremost, a gold outfit that has promised a lot yet never delivered. In fact, we have only lost investors money and reduced our assets over the previous six years in Ethiopia...

It is some comfort to see the copper price rise, but it is gold we need to push up at the moment. I reckon the global central banks are back in control and all will co-ordinate something to counter the MMT pressures they've created which will keep gold in its current range.

There was a reason Harry selected $1700 as his cost base for NPV going forward.

Topicel

[shortarm] 19/2/2021 08:13

They wanted 2M of mine all day yesterday?

[katsy] 19/2/2021 08:12

Definitely a seller, the MM don't want any of my shares.