Kefi Gold And Copper Share Discussion Threads

[mick1909] 12/5/2021 07:37

Isn't a concern with cryptos being that if a password is lost then the contents of the wallet is lost is this a big reason which will hold it off from being mainstream?Also with technology improving constantly the concern is the market has new and improved cryptos too choose from? or can existing cryptos just do updates to keep up pace?

[atticusfinch1] 12/5/2021 07:34

I'm using mining investments as a hedge again mining... KEFI usually goes the other way to commodities and the sector... :)

[alrotuwa] 12/5/2021 06:21

I wasn't going to chip in as the chat wasn't strictly Kefi but... I'm using crypto as a hedge against mining investments.

[theaviator] 11/5/2021 21:46

Worth a punt no? Lol ;)

[theaviator] 11/5/2021 21:42

I guess folk just sick and getting wise to the corruption Estseon. Biggest corruption - Wall St. The Fed are also a private institution.Think of crypto as internet 2.0 because that's what it is in effect.. Best performing asset historically is Bitcoin. Hard to deny yet peeps will just keep watching it go up and up and up. Sure it will crash like anything but will be a million a coin within 10 years imho

[theaviator] 11/5/2021 21:38

Fear not though Risi is busy promoting Britcoin lol

[estseon] 11/5/2021 19:46

It is said in some quarters that cryptos are becoming a threat to central bank dominance over currencies and are also seen as vehicles for money laundering. Whether these rumours are correct or not, there is a danger that the central banks could agree a strategy to stamp them out. There are less risky investments. It is also possible that governments will legislate to make it unlawful to buy goods and services using cryptos.

[robjm66] 11/5/2021 15:42

hxxps:// www.bloombergquint.com/global-economics/gold-holds-near-three-month-high-as-inflation-fed-in-focus doubt fed can raise interest rates and anyway probably the only way they can get rid of debt is inflate it away.

Biden trying to disprove the old saying that money does not grow on trees well it worked for Zimbabwe.

[cool hand kev] 11/5/2021 15:33

Are MM’s trying to shake out weak holders ?

[mick1909] 11/5/2021 15:12

Where do you see cryptos going just out of interest?

[estseon] 11/5/2021 15:10

Lockdown gamblers are likely to be quite nervous people. The longer term prospects for the precious metals look good and the miners will provide a geared return.

Biden is hiding the US under a thick blanket of dollar bills from shore to shore. When their Covid risk diminishes as ours has done (you will soon be able to give Nicola a big hug if you want to), the US economy should pick up and then we will find out if it will rocket. If it does....what will the Fed do to suppress inflationary pressures (assuming that it will want to, which is not a given by any means).

The central banks are in charge and they have got used to solving problems by printing money. Their pronouncements can shake the equity markets. Their actions directly affect the bond markets. Sooner or later, an increasing number of investors will invest in precious metals to some degree at least to gain some security. Neither the bullion banks nor the futures market will be able to hold back that tide.

[shortarm] 11/5/2021 14:25

I see the general market is making nervous people nervous again :-)

[shortarm] 11/5/2021 14:10

Abroad lol :-D

[katsy] 11/5/2021 13:57

Where's that?

[shortarm] 11/5/2021 13:47

Not my choice! They're not allowed to serve alcohol in public places at the moment!

[katsy] 11/5/2021 13:23

Shortarm just go and have your pint, remember covid has an all age IFR of .14% (John P A Ioannidis Publication: Bulletin of the World Health Organization peer-reviewed, accepted and edited) and if you're that scared take Ivermectin (Prophylaxis and early and late stage treatment, 88% effective) vit D C and Zinc. All perfectly safe. I can give you a mountain of stuff about the experimental gene therapy that is still in phase 3 study until April 2023 offline if you PM me.

[shortarm] 11/5/2021 13:05

I do like a freshly poured outdoor beer! Unfortunately I'm not in the IK and this place is miles behind on vaccinations etc :-(

[estseon] 11/5/2021 08:37

Well, at least it is now more certain that we will be able to go to a pub and get smashed to celebrate when the funding is finally announced.

[robjm66] 11/5/2021 08:25

Think the company has dropped clues “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.”

Also “and product offtake-linked subordinated finance (for working capital and for a
standby)”̶1;a standby facility has now been included in the finance plan to provide additional headroom”̶1;and Harry’s mention of “Funds raising? wrapping up everything in one go both sides of red sea kefi and Ethiopia funding in Ethiopia and ARTAR and in Saudi””Funding package end of June phase four will be covered.”

So plans are in place to reduce dilution though maybe the message has not cut through with investors maybe due to a mix of the company not talking about it all the time investors being bitten in the past and some investors simply not paying enough attention.

With Saudi phase four will be covered and kefi already said not every bit of Hawiah needs or will be dug up just enough to “trigger development” once its shown to be viable.

With Ethiopia most of it maybe all will be covered by the TK deal. All does depend on TK deal but that looks on track.

[scars] 11/5/2021 08:04

Copper and gold both on a positive run, hence the share price following the trend. Any positive news would be a big boost.

[rich1e] 11/5/2021 06:39

I’m not suggesting that Harry should excel himself with a free hand to double the shares in issue from this point onwards. Only that a conservative 4 or 5 bagger reflects the risks being taken. An adviser might suggest an investment, not without risk, that might grow 2% a year and yield 3%. So, I suppose that you asses your own risk tolerance and take your choice.

[rich1e] 11/5/2021 06:15

I appreciate the effect that previous fundraisings have had on long term holders, and I appreciate that things could have been handled a lot better. That said fundraising is unfortunately part and parcel of investing in companies with no earnings. There are always risks and fundraisings aren’t enjoyable, but my view if Rio’s prediction of 40p a share was to be doubly over optimistic, then that’s 20p. And if Harry was to further double the shares in issue, then that becomes 10p, and that’s still five times the current share price I suppose the good thing is, that a few investors seem to be gaining awareness to their own tolerance to risk and that’s not a bad thing.

[bahamarama] 11/5/2021 00:35

As long as you know the square root..??!!!