Kefi Gold And Copper Share Discussion Threads

[1deedee] 04/5/2021 15:04

Which is pretty good timing considering what's going to happen

[1deedee] 04/5/2021 15:03

I know I keep on about gold but it's doing really rather well today, should be $1,800 in a minute.

[scrappycat] 04/5/2021 13:41

If Harry has lined up all the ducks, and finally gets them quacking, I couldn't really care less how much he benefits from it. With all the shares in circulation, he, and his family, own but a relatively small percentage. In any event, if he gets very rich from it, I, and my family, will also reap handsome rewards.

[robjm66] 04/5/2021 13:34

Well you could argue that harry has tried every option till he found a mix that worked so full marks for tenacity.

As for gold its price being a lot higher has maybe opened up option's that were not there before.

Also has been good progress in the KSA that might be being overlooked now but will not be overlooked forever especially with the high copper price.

[shortarm] 04/5/2021 13:28

Can somebody put Cyba back in his box?Nice of him to pop out to educate us about the error of our ways though!Maybe we should all sell as well? :-)

[cybaajak] 04/5/2021 13:23

...progress..1. 2017/18 was a Bond fm Zurich Bond Market2. 2019/20 was a 'creditable group of Ethiopian Bankers & associates'3. 2020/21 is a "better" group of wealthy individuals who belueve in Adams dream.(Footnote of sceptiscism.. where does he find them..)And since 2017 the same progress has been dilution from 240m shares (AFTER a 17 for 1 reduction) to 2.1 billion shares.. So progress = no gold just bigger promises.

[robjm66] 04/5/2021 13:07

Cybaajak Think people are happy (or happier) for big rewards if progress is being made and it looks like it is.

With the options "This is the first such allocation since 1 February 2018" The Company’s practice over many years was to make an annual allocation of options at the end of each calendar year. However, allocations in recent years were deferred pending the announcement that the project financing was proceeding for the Company’s Tulu Kapi Gold Project.

This suggests that TK will get over the line so shareholders will be deliriously happy when that happens though of course the people with those options will make out like bandits at the exercise price.

Harry said he has put more money in than he has taken out others have taken shares rather than wages or deferred wages in the expectation that TK will get over the line and Kefi will thrive.

Personally when this gets over the line and kefi thrives it will be life changing money for me not yacht and buying a mansion money but then I get sea sick and cleaning all those rooms would be a hassle so happy to leave the yacht and mansion money to others.

[bradley12] 04/5/2021 12:52

BB i suppose it is dependant on how much of our recent spending is to be included in the $70million "Prior Investment"?

[cybaajak] 04/5/2021 12:46

@ Robb. Thank you. I think.As for the other naysayers.. ask yourself this..At the Yearly Report, usually delivered mid june, has he EVER failed to award himself, his cronys, friends, relations, business associates, whatever, large sums of shares for their 'outstanding services to furthering his aims' ?The answer is no.To do so with such regularity AND retain populism with PI's, to be so profligate AND NOT garner investor wrath, it becomes routine to fleece said investors with dilution BEFORE said Annual Report. He has even warned people by claiming £1m a month in expenses, without having the millions to back up any forthcoming delays.

[robjm66] 04/5/2021 12:21

Got to be the only post from Cybaajak with "enthusiasm" in it :-)

[belfastboyo] 04/5/2021 12:19

Correct....amounts owed by Group companies was £13.7m 2019 as per company accounts 2019 Kefi Plc is still owed by KME & TKGM some £5.8m GBP repayable on demand...£7m+ of the amounts given was deemed (2019) "irrecoverable" (not sure if some of this can be redefined as "recoverable" at some point with asset revaluation?)...but yes Kefi Plc is owed £millions of course if and when that would be paid back is unknown at this point but presumably on final closure of TKGM funding some or all of this debt may be repaid to Plc??

[bradley12] 04/5/2021 11:57

Hopefully not Cybaajak!

Q. Harry stated that KEFI was spending circa a million pounds a month currently on all fronts, I remember a few months back it was stated that TKGM was going to reimburse kefi for a percentage of the costs incurred when the new money came in. Is this still the case or have plans changed?

A. It is correct that KEFI is refunded some pre-drawdown costs incurred on behalf of TKGM.

or at least a minimal amount?

[shortarm] 04/5/2021 11:51

And on top of that - the sky is falling in!!200k sells - oh no, massive institution is letting go!!!! ID 10 T

[pennstreet] 04/5/2021 11:50

In your dreams, Cybaajak!

[richsmithsmith] 04/5/2021 11:49

New telegram group has been set upKefi Minerals 2021https://t.me/Kefi_Minerals2021

[cybaajak] 04/5/2021 11:43

Yearly report from the fatman due in 6-7 weeks from last years accounts. Takes him that long to hide his 'Consultancy Fees' in companies that dissolve 5/6 days into a new year.Too many big sells 200k+ slipping through un-noticed against Private Investor enthusiasm, so expect a fund raise to water down yur investment within the next 2 weeks, as he can't have bad news mingling with his upbeat, but ultimately disappointing, declaration at the Yearly Report that "things are progressing".

[1deedee] 04/5/2021 11:28

Nice little tick up

[1deedee] 04/5/2021 09:27

The world risks “running out of copper” amid growing demand for the metal, paving the way for a spike in prices just as the global economic reopening gets under way, according to commodity strategists at Bank of America.

Inventories, measured in metric tons, now stand at levels seen 15 years ago, “implying that stocks cover just 3.3 weeks of demand,” the strategists said in a BofA Global Research note dated April 30. The bank’s strategists said prices could jump to $13,000 a metric ton (or $5.89 a pound) in the coming months and are forecasting copper market deficits amid further drops in inventory this year and in 2022. We've got a lot of that stuff and we're finding more at better grades ;-)

[neilng] 04/5/2021 00:00

A commodities supercycle is set to make a generation of investors richhttps://www.telegraph.co.uk/business/2021/05/03/commodities-supercycle-set-make-generation-investors-rich/?WT.mc_id=tmgliveapp_androidshare_AxFnmpC7wbDl

[atticusfinch1] 03/5/2021 20:39

Indeed great find Rich, looks like many things pointing positively in the right direction, including Topicel's pole.

[1deedee] 03/5/2021 19:48

Nice find Rich gold looking good as well :_)

[cool hand kev] 03/5/2021 15:26

Great 👍 Sounds promising, thanks 🙏
So is this going to be Government funded?

[you for coffee] 03/5/2021 13:33

Yes a great find
Thanks