Kefi Gold And Copper Share Discussion Threads

[theaviator] 16/4/2021 15:55

We are open pit Rob so 2.1g/t should be more than economically viable it seems. I'll have another look back at estseons figures too. Breakeven around 1100usd/ounce?https://www.kitco.com/commentaries/2018-12-24/How-to-profit-from-low-grade-gold-mines-Part-1.html

[theaviator] 16/4/2021 15:15

Thanks so much Rob.Haha No am hanging onto those for now.

[robjm66] 16/4/2021 15:07

Based on 2014 data” Aviator and the the article was July 2015. Sprott was a big investor into Kirkland lake hxxps://www.fool.com/investing/2021/03/07/why-shares-of-kirkland-lake-gold-sank-15-in-februa/ still a argument that it is undervalued however..

market cap in the billions so not going to wake up one morning and find it has multi bagged. Number 4 is barrick...number 1 and 9 klondex mines was taken over by Hecla hxxps://www.miningglobal.com/automation-and-ai/hecla-mining-acquires-klondex-mines-dollar462-million Hecla market cap in billions I could go through the rest but suspect the story will be the same generally if it’s a really good mine the market and other miners will eventually recognise it so will be taken over and the market cap will reflect that so the trick would be to spot a mine or miner that has not been spotted yet.

If a mine has one of the highest grades in world likely it will be spotted early and the market cap will reflect that.

As for TK crunch the numbers and it will throw off a lot money add in hawiah and the Saudi prospects Kefi could join the billion Cap market club however think now it’s appeared on the radar of big companies it will be taken out before that at some stage.

Maybe you should sell all your digital currencies and put in a offer for the company now ;-)

[riotinted_specs] 16/4/2021 14:45

I was going to say KEFI has and always will be affected by the price of gold - naturally

[theaviator] 16/4/2021 14:36

Looks to me the gold price really is a big deal here. The increased tonnage needed would up capex considerably. Can't believe I missed this.

[sharenotes] 16/4/2021 14:33

Topicel,

The most realistic utterance Harry should have delivered is something like, “all seems to be progressing.” There are a myriad of ‘events’ that could happen that Harry is not in control of. I guess you can’t knock the guy’s optimism.

[theaviator] 16/4/2021 14:28

Rob am wondering have I overlooked something here massively. 2.1g/t surely isnt worth it?https://www.mining.com/the-worlds-highest-grade-gold-mines/

[topicel] 16/4/2021 14:24

Yes, thanks Scotty.

So if TW says that "Now I spoke to ‘arry and he says banks will sign off this month", we have to believe him too, no?

And that is a notifiable event for an RNS that is sufficiently 'binding' to put the rocket under the share price everyone is expecting at long, long, last?

As I said earlier, two weeks. Or is that not worthy of an RNS and isn't binding on anyone?

Topicel

[theaviator] 16/4/2021 14:16

Cheers Rob. Obv preferable of course. I know silver for example costs around 11 dollars an ounce to mine. Going to dig some more on this - appreciated.Kev, there aren't many old school around. The system is mainly automated these days but there is still some debauchery and manipulation that goes on for sure. A friend of mine a mm on NYSE. Nomads and influencers definitely filtrate the bbs. Sorry to disappoint but I'm not one of them. Tbh the biggest problem these days are leverage traders and the T brigade. Those the ones you mainly see appearing in various monkier disguises. Mostly compulsive gamblers.You know how to play it mate - I don't think you've many worries Kev. Good on you.

[philby1] 16/4/2021 14:11

Rio, just to correct you, JLP has gone from 2-16p in 12 months, not 4 months as you say. Still plenty of upside with JLP imo. My view is that you should be in both, I am.

[robjm66] 16/4/2021 14:05

Thanks Scotty.

[robjm66] 16/4/2021 14:05

Aviator hxxps://www.kefi-minerals.com/projects/ethiopia/tulu-kapi/dfs depends whether you use initial capex in or not. Also of course how the deal with the offtaker is structured some kind of moving average over the length of the contract or set more closer to the gold price when the deal is struck.

All things considered be nicer with a 1800 or 1900 dollar gold price than 1700 or 1600.

[cool hand kev] 16/4/2021 14:04

I'm of the opinion that MM's employ Rampers and derampers to talks share price up and down to generate extra business or am I just an Old cynic?

[danieldanrichardson] 16/4/2021 14:02

Blimey Rio, you're not the most pleasant individual.Well, after calling me a liar, may I invite you to PM me an email address where I can forward you a screenshot of my trading account. Average of 3.8 I think now on jubilee. However, I didn't come here to talk about that. I came here to enjoy this risky roll of the dice.

[scotty1] 16/4/2021 13:53

fwiw TW finishes of his article from today with :-

"It strikes that while Kefi is on track on the ground, in its documentation it is a bit behind schedule and after a long history of delays some folks have stopped believing Harry Adams. That is why the shares slipped on this news to c 1.9p. Now I spoke to ‘arry and he says banks will sign off this month and he will thus get all consents and all forms sorted by the end of May in time for the AGM.


Well I have waited long enough I can wait a bit more. I still have faith Harry will deliver and if so the shares will race. 65% ownership of Tulu Kapi has to be worth 6-9p per share depending on which gold price assumption one uses. Hawiah in Saudi is worth more. So when folks believe in Harry once again these shares will roof it. And that makes them, at this level, a very strong buy indeed."

[danieldanrichardson] 16/4/2021 13:49

Thanks Shares, best of luck to you also.

[theaviator] 16/4/2021 13:41

Behave Mr Moulin RougeHaha

[riotinted_specs] 16/4/2021 13:38

That was for new investors not does Jew. Apologies the j is close to the n on my phone keyboard

[estseon] 16/4/2021 13:15

goatie, you are becomming quite philosophical on this board.

There have been 2 USD price lows for gold at around $1680 around 8th March and 31st March. Both times the price bounced but this time the price has bounced higher. A repeat of June/July 2020 would be a fortuitous background for a funding news release.

[theaviator] 16/4/2021 13:08

Oops I've listed four times there. Must make me a pumper and dumper eh?? Amazing how wrong actually some are but heyho

[theaviator] 16/4/2021 13:05

Everyone has a different personality. Makes the world go round.