Kefi Gold And Copper Share Discussion Threads

[mesb48] 03/6/2021 23:03

taxlosstone - I’m at 90% probability, time’s up, but feel there’ll be a decent size rights issue alongside to complete the package - especially if Harry wants funds also to move Saudi further forward. But even without Saudi, I think there probably has to be a funding shortfall now to plug amongst the consortium or everything would likely have been announced by now.

[pensionplanner] 03/6/2021 17:42

Years or not he has rather overpromised and under delivered. Is all that about to change. Hope so.

[scrappycat] 03/6/2021 16:22

unionhall,

You appear to have forgotten the years prior to the pandemic.

[unionhall] 03/6/2021 16:16

What aggro has come their way ?

A few anonymous people on Bulletin boards ?

AGM's where no(few) private investors can attend ?

Quarterly's where questions have to be submitted in writing ?

They have lived a charmed life - far away from Aggro.

[scrappycat] 03/6/2021 16:05

I guess Harry & co are quite sensitive on that, given the aggro that has come their way over the years. If, as I surmise, it is pending, then it will not be that long before completion. The market seems to demand certainty, so I can well understand any reticence on Kefi's part.

[matthew stone] 03/6/2021 15:55

That all makes perfect sense, but why not reassure the market that things are still proceeding as planned? This radio silence is causing uncertainty and a declining share price, which just serves to increase the amount of additional shares required to complete our share of the funding.

[scrappycat] 03/6/2021 15:17

I have said my piece on how I view this share on many occasions (as Topicel, to his apparent chagrin, can vouch). Had the funding failed, we would have been informed. Ergo, it is still in play. However it cannot be notified as completed until contracts have been exchanged. It cannot, however be finalised until the additional shares required are approved via an AGM or EGM. It is not unreasonable, imo, to take the view that completion is pending. Of course, I could be wrong. If I am, it would seem to have taken an inordinate period of time to say no deal.

[mustafa15a] 03/6/2021 14:04

I would like to extend my gratitude to all the sellers if this afternoon, thanks to you I have picked up another big batch under 1.8p.....cheers

[donegal1997] 03/6/2021 13:26

I'm about 70% as well but it should never have gotten to this stage. Something has to give especially with the elections coming up on the 21st, it's in everyone's interests to get the funding done you would think.

[jlwilliams] 03/6/2021 13:14

by 10 June - 20%
anytime 2021 - 80%

[belfastboyo] 03/6/2021 13:13

I would agree with you taxloss....70% to 80% it will likely happen before end June...but it's Harry and Kefi so I cant realistically go higher than that atm....

[charles clore] 03/6/2021 13:03

50% certain.

[taxlosstone] 03/6/2021 12:53

Sorry, should have made that clear. In time for end June total completion of deals.

[katsy] 03/6/2021 12:49

I'm about just 25% it will be completed in June. I feel another 3 month delay is in the offering.

[jlwilliams] 03/6/2021 12:42

taxlosstone - do you mean by the 10 June deadline, or any time?

[taxlosstone] 03/6/2021 12:38

Anyone fancy a little game while we are waiting? It will all be guesswork but it will possibly show how shareholders on here are feeling, hopefully without the anger. :-)

If 0% is totally convinced that funding of TK will not be achieved by Kefi & 100% is totally convinced that funding will be achieved by Kefi, where are you at the moment?

I will start the ball rolling. I am 70% sure that funding will be achieved by Kefi. I could give a rationale for that but I will not at this stage. Please feel free to give a rationale if you want to.

[megordon] 03/6/2021 11:01

Nice top up of 250k, hopefully a good price but time will tell.
GLA

[goatherd] 03/6/2021 10:20

I wonder what the chances of a mid-day RNS are. Any comments?

Personally I think it unlikely, but possible. Unlikely because announcements are probably scheduled by all parties to the agreement.

[scrappycat] 03/6/2021 09:24

PP,

I hope they are too busy sorting out the funding, rather than dealing with PI emails at this time. If funding proves successful, I guess your questions will become somewhat redundant.

[pensionplanner] 03/6/2021 09:11

Mustafa. I can understand that. At times of concern I'm sure everyone has dark thoughts to go with the undoubted potential of Kefi. Its a wait and see scenario really. That's always going to germinate concern, conspiracy theory and conspiracy fact, but the prize is still worth the punt in my opinion.

Disappointed not to get a reply from Kefi in 2 weeks though.

[mustafa15a] 03/6/2021 08:50

Wise words pensioner....I got sick of negative nelly that's all.....I have well over 100,000 pounds invested in this baby and I know how big its going to be.....these testing times are the best for shaking off weak hands

[pensionplanner] 03/6/2021 08:05

Mustafa

A completely ridiculous philosophy of investment is the comment to the effect that if you don't like something in a company then sell out.

That is not how change is effected.

I'm a holder in Kefi and I buy on the potential and the assets, but also on the information conveyed through RNS and company spokespersons.

Now if any of that information proves to be false, I and every other holder has the right, indeed the obligation to do something about it, to change it, as after all shareholders own the companies they invest in, so its not helpful to the company to just run away.

Running away gives carte blanche for smaller companies to become the pariah of investments, which weakens every small company and stifles investment.

For the record I'm still waiting for confirmation via email that Kefi have never received any warnings previously, either oral or in writing and an RNS basically with the copout 'not aware' is not good enough. Either there has been or there hasn't.

It should not be difficult to answer such questions without obfuscation.

We must admit that the only channel of communication is via the companies we own, and on occasions in some companies that has proved to be unreliable.

Walking away is not the best policy in my opinion. Challenging is not disloyalty, just as challenging posts are on occasions helpful.

I for one do not know what the situation is with Kefi other than the information we have been given over a substantial timeframe, but where I'm afraid I can understand some querying it after so many missed targets, and with the recent comment about licensing issues, where in the main we have only the one source notifying shareholders of the progress, and where sometimes and not aimed at Kefi, those sources can prove to be economical with the truth.

Investing for my part means taking part, not putting money in and letting go, as that is more akin to gambling.

[howling] 03/6/2021 07:31

.
Edna and I are designing a new superhero costume for Harry. Mainly copper&gold colour and a touch of green. It repells bad juju and completes every mission.No cape !
.
DYOR