Kefi Gold And Copper Share Discussion Threads

[robjm66] 27/4/2021 10:40

Think Harry did well shows the value of these webinars in fleshing out the details and general mood within the company when done right. (sorry for all the spelling mistakes).

[robjm66] 27/4/2021 10:38

Travel restrictions have not had a big impact yet…virtual meetings..relationships still string and lots of Due diligence..Harry waiting to be vaccinated…clear success of drilling in KSA buy back bigger share of KSA from ARTAR…no. KSA extremely prospective though plenty of opportunities but strong partner means kefi in good postion one third share of a gient pie rather than a bigger share of a smaller pie. Hawiah the smaller share will be bigger than the bigger share of TK.

Closing remarks testing but special time for company so hang in there things are turning for us.. shareholders derserve a break and stakeholders keen to succeed.

We will make it happen.

[shortarm] 27/4/2021 10:37

We are so close :-)Hang in there - we will make it happen x

[robjm66] 27/4/2021 10:31

Jibal quatman…Granting of licences delays…post problems no longer relevent for Hawiah…KSA needs money now as well politacl will is now there

Funding package end of June phase four will be covered.

Hawiah change of assumptions…you do not have to drill everything out to trigger development but can drill at the same time

Project big enough? Hawiah knocking on door..

Licenses slowly granted? Six projects sequencing cant comment on commercially sensitive and out of kefi hands

JQ licensing when? Believe dealt with by ARTAR but no details.

[belfastboyo] 27/4/2021 10:30

You must be confusing me with someone else...I have never stated how many shares I personally own here...only that I and a few others I know collectively I believe own c3%...moot point anyway...Unless he actually delivers TKGM funding it is all excuses and promissory notes again...deliver before June or he should go imho....I personally will not put up with any more Harry BS.

[tom barnaby] 27/4/2021 10:29

I dont know about taste it, but you can certainly smell it.

From a mile off too.

[robjm66] 27/4/2021 10:24

Frustration of shareholders at delays…Challenge of first mover and other challenges…Company has tenacity to deliver…rewards are exceptional..harry sepends most of his time in Ethiopa so close now you can taste it…

Funds raising wrapping up everything in one go both sides of red sea kefi and Ethiopia funding in Ethiopia and ARTAR and in Saudi

Kefi enough clout to get project off ground…highest risk capital already spent ny noventa and kefi tog et to thsi stage..next money for development…mining contractor putting in resources..banks serious about delivery..local investors money to deploy money sitting in their banks has to be used in country..syndicate works because they care about country

New timescales firm? Unless some major event or black swan even timecales reliable.

[katsy] 27/4/2021 10:23

Shortarm, I tell it how I see it, I no longer trust this man, I want out, I can't be more transparent than that! I want to sell my remaining load at 2p+, I noticed he closed his eyes with despare when the question of a fund raise was asked. £1m per month cash burn for a green field site doing nothing is alarming. Next RNS is fund raise

[mlangton1] 27/4/2021 10:22

Thanks very much for the updates Rob. Much appreciated.

[unionhall] 27/4/2021 10:17

Just an aside - but the lack of preparation for the webinar is distressing.


1/ They clearly hadn't done a two minute dry run to ensure everyone could see what was needed - hence the embarrassing fumbling at the beginning.

2/ Harry hadn't even done out a list of slide numbers for himself that he wished to address

3/ His phone went off twice.


Does not help in putting faith in him pulling together a big financing task.

[robjm66] 27/4/2021 10:16

Three steps in compensation and settle first resettleers comped in june second batch in july third batch just after wet season..

Plant and machinery schedule yes possible to do..
Government align start of project to create good publicity….yes (lol) they would be delighted to see that

[robjm66] 27/4/2021 10:13

What caused delay… core syndicate sign up delayed due to reasons presented earlier..formal delays..just lead up delayed not other schedules.

Inter crediting deed executed? People who call shots are senior lenders no debating what terms its the last thing that get sign any how.

[robjm66] 27/4/2021 10:09

Questions..

TK what are the next share price moving announcements….key steps on slide what happens in may and June…things happen de risk… fuller value..

Timetable thrown out by ethiopans ..only invited in march..
Other events to throw out schedule rains election? Election no..wet season not relevant for financing.
country starving to correct trading balance whoever is in power

[waltjabsco] 27/4/2021 10:06

Nice updates Rob, ta lots

[robjm66] 27/4/2021 10:05

Slide 18 foreign companies in Ethiopia..Newmont230;other companies Bisha mine..Harry heads of mining association in Ethiopia…slide 21 covid and security in TK…Covid not as big a problem as in other countries (average age 18) security basically says incidents elsewhere but not at sleepy TK but kefi taking precautions slide 35 mineral resource NPV sensitive to scaling up liable to increase.

End of presentation slide walkthrough.

[shortarm] 27/4/2021 09:59

Wonder if Katsy knows why he is here? Because I don't lol

[robjm66] 27/4/2021 09:58

June for Kefi and Government sign off neither going to sabotage their own project so May is the key month Katsy.

[robjm66] 27/4/2021 09:56

Targeting development in Hawiah after things settle down with TK…NPV numbers…other slides 13…senior management committee experienced..

[robjm66] 27/4/2021 09:54

Corporate development plan slide
Project robust mining fleet….May milestones…Exchange of letters…pull together everything…need formal credit approval. Government already spending…March ethiopain investor felt obligation to invite them will have to comitt in may like everyone else…kefi offtake need to go firm in may....May is key month should be a string of announcements June government and final sign off

[katsy] 27/4/2021 09:50

End of June, so no doubt we'll still be waiting for that RNS come 29th June.

[fairvalue] 27/4/2021 09:50

"end of June and the funds to flow thereafter"

[robjm66] 27/4/2021 09:49

Harry saying sorry about delay admits he thought things some things would be done by this webinar

[riotinted_specs] 27/4/2021 09:48

WOW what great news, looks like KEFI ownership is now 75% versus the previously and recently RNS declared 65%. If I have done my maths correctly - as a shareholder - this means we all own 15% more of the mine.

[robjm66] 27/4/2021 09:48

Harry talking about covid…Logistics challenging but done well..security been an issue nationally but not at TK site…Kefi elevated security achievement to keep things on track extra measures to protect coiuntries biggest export company

[robjm66] 27/4/2021 09:45

Discovery in KSA Maiden resource gets getting bigger and improved grades