Kefi Gold And Copper Share Discussion Threads

[pensionplanner] 26/5/2021 09:26

Topical. No if the EG did remove licenses and cite Harry or lack of progression/finance deal etc., he would be in deep doo dah and possibly personal liability, but still think the rabbit is in the hat ready to come out.

[topicel] 26/5/2021 08:57

PP - under cover of the EG 'warning' explanation RNS our Harry could say he did deliver some promised updates within his ramblings.

It is all in the eye of the beholder. Many here can cut endless slack....

For fellow forecasters, sun is out here today, btw. ;)

Topicel

[rich1e] 26/5/2021 08:51

Volumes are pitiful with such ground breaking news on the horizon. The agm will be interesting will be interesting one way or another.

[pensionplanner] 26/5/2021 08:27

One way or another 'the chickens will come home to roost at Kefi'. Either Harry will prove to be a hero or a zero.

Silence from the company about promised updates is a concern, but as above we'll soon all know beyond any doubt.

[pennstreet] 26/5/2021 08:16

Where are those incremental updates !!

[estseon] 26/5/2021 07:26

Spot price for gold now over $1900.

[riotinted_specs] 25/5/2021 22:18

Well I will say one thing for certain some sort of news is going to drop any day now and I wouldn't want to be out doing some sort of swing trade. Because that is when you get caught with your PANTS DOWN

[unionhall] 25/5/2021 18:47

If there is an AGM to be held in June........

........ the Notice of AGM and the 2020 Annual report will need to be issued to shareholders by Tuesday, June 8th (approx), in order to allow the requisite 21 days before the AGM.

So not long to go to see if this time the timelines can be adhered to.

[estseon] 25/5/2021 17:33

If gold breaks "19k", everyone will have a good day.

The politicians might be happier if the project could be said to be funded (all but - subject to AGM etc) early next week so that they have something to trumpet before the polls.

[scrappycat] 25/5/2021 16:17

twg,

Fair enough. Good luck in whatever you choose.

[tivoliworldgaming] 25/5/2021 16:06

I came into KEFI, because of the information here that the license will be completed as soon as the payment has gone through. Hopefully any risks if they ever happen like the government pulling the rug will happen many months or years from now.
I seen JLP, but my high risk appetite is only for MTL. I could live or die by the sword with that share, but I not willing to do that for any other share.
However, I do realize that JLP is virtually risk free.

[scrappycat] 25/5/2021 15:58

twg,

Reads like a very good self assessment, although the contemplation of putting all your money into MTL sounds very high risk indeed. You should look at JLP. Not a gold miner, but is a veritable money printing machine. No debt, and is one of the world leaders in its field - the green tinged reprocessing of mine tailings for various metals. Potentiality, a huge market for its expertise. Virtually no risk imho

[tivoliworldgaming] 25/5/2021 15:37

Giving that I am such a huge bull about the gold price. The less risky thing would be for me to just sell up all my stocks and put the whole lot into MTL.

MTL is a simple stock that is bust if gold just stays at 1700 or lower and never goes up again, or pays off its debts in under 2 years if gold keeps around the same or better, and then you left with a company that makes around 15m a quarter profit that is then debt free.

However I am just too worried ones like KEFI will deliver pretty soon, and I miss out on the extra gains.
Patience is not an issue. It is worrying about ones that do not give me a certain successful future is the problem. By nature I am just too greedy to not be in this type of stock.

[scrappycat] 25/5/2021 15:29

twg.

Maybe, but at some point, it is incumbent on the company to start making money. Even for an AIM stock, this is somewhat dragging its heels. I have been involved with Kefi, and AIM stocks, for many years though, and my patience is eternal with those great assets in tow.

[taxlosstone] 25/5/2021 15:24

tivoli:

It's not just the LTH's running out of patience. The EG seem to have lost their sense of humour too when it comes to Kefi & it's impression of an arthritic slug. :-(
They have the power to end our interest entirely in Ethiopia.

[tivoliworldgaming] 25/5/2021 15:19

Not with gold up 14.5 points. Imagine the price of gold by the time KEFI get into action. Maybe the trouble is you are all running out of patience having been here for over ten years.

[taxlosstone] 25/5/2021 15:12

tivoli: "Bring on the delays I say"

Please tell me that you're joking.

[tivoliworldgaming] 25/5/2021 15:09

Bring on the delays I say since gold will be worth a lot more by the time they get the funding.

[belfastboyo] 25/5/2021 13:00

Well he/BOD are running out of time to deliver as stated in the last RNS & webinar etc...I always felt dubious about the concept of announcing partial agreements on funding in May as presumably they are all tied together to a final closing of all legal terms etc. but if they are going to deliver before end June with an AGM sign off then I figure papers need to go out no later than 10th June...time will tell

[sussexlibran1] 25/5/2021 12:36

@topicel - me too. When Harry says expect various announcements through May with funding news, it means expect NO news in May at all. His nose must be 10ft long by now. Fund raise in 3...2...1...

[topicel] 25/5/2021 12:33

Aaagh, Annie...

I forecast no progress with funding in May. I don't know about the sun.

I have not yet been wrong with my previsions de Kefi...often wrong about the weather.

Topicel