Kefi Gold And Copper Share Discussion Threads

[goatherd] 05/8/2021 16:37

I find it extraordinary that so many people here, claiming to be long termers, are so prepared to knock Harry; apparently with no realisation of how much that puts off potential new traders (and encourages shorters). We need the new investors to get the price up.

So why do people think it is sensible to damage their own investments?

Is it altruism gone mad? I don't think so.

I think it is just a lack of thought.

[cutandpolished61] 05/8/2021 16:34

This is past V1 in my opinion and it has to take off. The Ethiopians can't burn their business card and afford another 10 year wait before the stuff comes out of the ground.

[cutandpolished61] 05/8/2021 16:29

I am absolute convinced that they have been given a choice. Otherwise there would be bloodshed. We don't hear any news about unrest in the mining location. Kefi has learnt. They tried 15 years ago to rush it in Slovakia. The locals sent Kefi packing.

[belfastboyo] 05/8/2021 16:23

each to his own Tops but the reality of the Kefi situation is you can chose to either (a) invest now at 1.8p OR (b)you wait till the funding deal is announced you will likely not be able to invest at less than 3p/4p....as I suspect on any RNS of a deal conclusion the share price will bounce super fast....yes the safe option is to wait until a deal is done but then you may miss out on any big bounce...it's really a risk/reward decision at the end of the day....personally if I did NOT feel a deal was going to happen here soon I would have sold out....as it happens I do think it is very likely and soon (gut call) so I'm happy to wait for the fireworks if I'm right....but as an LTI we have all had our fingers burned way too often by Harry/Kefi in the past so can't say I'm 100% certain but nor am I pessimistic...it is in everyone's interest to get this show on the road and the wait has been intolerable but surely "are we nearly there yet" LOL :)

[pennstreet] 05/8/2021 16:14

Entirely agree CAP61. Harry will pull this off

[katsy] 05/8/2021 16:13

Cutandpolished61 you think these 200 families were given a choice, we'll never know unless we speak to them, but throughout time and countries it's the locals who suffer the most and are the least to benefit.

[cutandpolished61] 05/8/2021 16:05

Tax, i agree, he doesn't come across as a great finisher but i can imagine he is a good negotiator. I wouldn't even know where to start to motivate 200 families to move and ask them not to forget the 2 cemeteries. But we don't know the the whole story, maybe 10% i reckon. Maybe it needed a guy like Harry to get us so far in the time it took. Perhaps with a hardliner in charge Kefi would be history already.

[scrappycat] 05/8/2021 15:31

For years, Harry seems to have considered it obligatory to seek funding from the EG/ANS. Finally, it seems, he has included the option to go elsewhere. Just dotting the I's and crossing the T's I suspect. But, of course, I am ever the optimist, and am convinced TKGM will open in the near future.

[shortarm] 05/8/2021 14:29

You know Tops, sometime you like your own stories too much :-P

[topicel] 05/8/2021 14:22

You mean Harry is pulling a fast one?

Surely not? Is it the only thing he is being sneaky about do you reckon Shortarm?!

We can't have a company saying one thing while doing and knowing about another, can we? ;)

Topicel

[rich1e] 05/8/2021 14:21

The mm's will be covering themselves. If they take on too much stock and the share price drops 50%, they lose money. If they sell stock that they don't have and the share price goes up 50%, they lose money. And so I'd say that they're working hard to match buyers and sellers as evenly as possible on low volume. If they march the share price up 10% they'll attract attention from punters who couldn't care less about the fundamentals. Start the ball rolling, selling stock they don't have and the worse case, for them, transpires. And it's 3p before they can start balancing their books, at a loss.

[shortarm] 05/8/2021 14:10

I imagine they already have people lined up for the higher positions! They are probably advertising to be politically correct............

[katsy] 05/8/2021 14:06

They advertised other jobs for the mine in Feb/Mar as well. Made no difference to whether the deal was signed or not.

[mlangton1] 05/8/2021 13:54

Reaction to what Shortarm?

[topicel] 05/8/2021 13:54

You got it Shortarm.

Job adverts are job adverts. They have yet to be applied for and most professional people realise how long it takes for candidates to be sifted, interviews arranged and travel to said appointments - and I doubt Zoom will do it - so the market will be looking at it as I do I suspect.

Great signal, means nothing unless the funding and terms are announced as agreed and we know who and what is involved and when it will actually start producing.

This is just a hint that we have a likely start in place, but so did all the other appointments on current gardening leave these last 18-plus months...

So why invest on job adverts that mean little more than continuing to get ready. These should all have been in place any way imho if we were as close as Harry had us believe "start in May", lol.

I certainly will not invest more here without an announced deal, so I guess that is the general consensus too.

Topicel

[shortarm] 05/8/2021 13:14

Well, I expected more of a reaction today if I'm honest! Maybe everyone is already loaded up and holding tight?

[goatherd] 05/8/2021 12:42

Scars, actually the buys have been at 1.844 - where did you get 1.85 from?

[scars] 05/8/2021 12:23

All recent buys on 1.85 could see another tick up soon.

[tim_the_trout2] 05/8/2021 10:09

Nice one Rob

Jobs also on hxxps://www.ethiojobs.net/search-results-jobs/?action=search&listing_type%5Bequal%5D=Job&keywords%5Ball_words%5D=tulu+kapi

TTT

[robjm66] 05/8/2021 09:48

Think with a lot of scepticism about probably better to let someone find the information than RNS it. If asked the company would probably say it is not rns able and it has already said that things remain on track.

[topicel] 05/8/2021 09:32

Bradley - and didn't the same Harry bleat on about Ausdrill being a significant partner, a cornerstone stakeholder and investor?!

Did they not tell me three years ago that they were unimpressed by the delays and how - as it stood then - they had lost 50% of their investment?

As the old Hollywood westerns used to have the American Indians say "Harry speaks with forked-tongue". I hate to say it, and so I am not relying on what he says about the new lot. I know what is involved with a tender and it will be a matter of still adjusting everything for months.

Anyway, didn't Harry also tell us for ages that works were underway and when pushed he explained he meant 'in Perth' and other modelling by Ausdrill and Lyco on desk top computers...

If it gets this to 5p I'm all for the job adverts and I realise they are not Ausdrill people ; AIM can smell the sizzle very easily and forget about the taste so maybe we get the only thing most should care about and that is a share bounce of significance.

I'm just super wary and want to hear about what we need and have been promised before any other deflected news as good as it seems. Why not RNSNON it? Why leave it to our super sleuth to find it? Why not 'promote it' on the website - or did they? Where are the photos of roads and pylons?

Mick1909 is right, we need tens of millions of volume here.

Topicel

[dicko80] 05/8/2021 09:32

Thanks Rob, great skills

[rich1e] 05/8/2021 09:16

Belfast makes a very good point, it would be easy to celebrate a penny rise here, a penny rise there. But 4p/5p is a 90 million mcap.