Kefi Gold And Copper Share Discussion Threads

[theaviator] 24/8/2021 22:48

All you can do really in life is take people at their word. It's just sad that old fashioned values seem to be less and less and people's words seem to mean diddly squat these days. Such crookery about in the city these days which a crying shame. I just hope Mr Adams hasn't been leading us all down the garden path but we shall see...

[theaviator] 24/8/2021 22:46

Hey you two, no point bickering. I wouldn't worry about people talking the share down Goatie as these BBS really don't make a difference with that regard. Most investors don't even check them. I agree with BB, in that no point people hanging around that arent invested. For my sins I picked some more up the other month after selling a chunk. It seems like a bit of a binary play now in reality so all we can do is hope. I'd just like to see some proof of these statements they make as have seen it all before. Let's hope there is some light at the end of the long tunnel..

[topicel] 24/8/2021 21:22

Nobody in high finance is bothering with what you and I are saying, any more than Harry will take heed of our genuine concerns and doubts.

You have made a big timing error here just as I have and we, and others invested for far too long in Kefi, are simply expressing views that, any independent and sane commentator, would have to accept.

All your comments have been wrong and supportive. Mine have wavered because, quite evidently, the proof has not been in the pudding.

When it changes, then you or anyone else can say I was wrong. And maybe it will all have been worth it...there are plenty ahead of us in the queue for a slice, if it comes off, for as you well know PIs are last to benefit.

I hope you are right that it is as unlikely as the last consolidation and won't happen before funding is agreed. But you have much too much faith in the 37% who, for all we know, could be as sincere as ANS were. When will you accept Harry has been no judge, or if he is then he keeps making the same determinations with our money?

Do you have no point of reality but to blindly accept what you are told? I just wish it was over one way or the other and we can cease these ever decreasing circles and both slink off to where we came from...

Topicel

[goatherd] 24/8/2021 19:35

Tops,

You are at it again. Expressing your own feelings which are hostile to the shares you say you own (I do believe you! - some wouldn't) in a way that looks as if you are trying to talk the price down. (I don't actually believe you are).

It is clearly against your own interests. More importantly (to me) is that you are talking the value of my shares down. Even more importantly, if a placing does come (which I don't think it will, pre-finance) you are talking the number of shares that will have to be placed up - which is against ALL our interests.

[topicel] 24/8/2021 19:02

You and I have been highlighting these inconsistencies for so long it seems pointless to mention them Unionhall.

Nobody gets to ask the man a serious question on these, or if they do they get swept under the carpet.

Usually I'd have a go at the usual suspects here who say Harry is great etc., but what good is it? You've sold up I believe, and I've not added for so long my break even is ridiculous now and a huge consolidation is clearly the reason why this can't move higher.

Why, when folk look at the parlous state of our running finances, would anyone buy Kefi shares until that inevitable event devalues whatever happens with TK funding?

Topicel

[unionhall] 24/8/2021 17:25

"I'm going to say the week after next for signed finance, see what Harry says on Thursday..."

If finance sources for 37% of the funding (US$131m) have not even given internal provisional approval how could they possibly go through all the approval and legal requirements in two weeks?



"..Advanced conditional approvals, which have already been received, account for c.63% of the US$356 million aggregated funding sources and the remaining c.37% (c.US$131 million) is expected to come from existing identified parties working alongside those who have already resolved their conditional approval. All parties have agreed to enter into binding documentation at the same time...."

[robjm66] 24/8/2021 16:48

If you get signing in October likely to have some news leak before that looking at recent events. As for bonus it’s for getting TK over the line and the first twenty million received in funds so no way harry going to leave things to the last minute if he can avoid it. Going to have the Ethiopians pushing all the time to get things done anyway especially as now they seem to have gotten the deal they want.

[donegal1997] 24/8/2021 16:39

Agreed, important to get questions in, at least the tough questions do get asked at these webinars, presentation tomorrow will just be a rehash of previous ones with a few different figures imho.

[digger2779] 24/8/2021 16:32

I should have stayed on La Playa.
Trouble is when Harry speaks the share price is adversely affected. He has more or less said no "funding" until October ( probably end of) so what's the point of holding out till then if you bought in lower? I think this was planned all along and we are looking at Xmas so he can partake in his tiny bonus. Santa should take the bonus off him for being naughty but that wont happen will it.
Time to send in a few questions methinks.

[donegal1997] 24/8/2021 16:16

Think the placing before financing is pure BS but we could see close to 1.5x if market pull back occurs in September as many expect. I hope that Thursday is the last time we hear Harry speak until it's done.

[mick1909] 24/8/2021 16:02

Fair point i should have called katsy out too for saying it must be a low placing which implies its going to happen too

[rich1e] 24/8/2021 15:58

In fairness Mick, some seem able to say that it is going to happen without knowing for sure. My view, if the share price has got the possibility of one day making 10p a share (maybe a bit low), and Harry goes wild and doubles the shares circulation (maybe a bit extreme), then that's still 5p a share, considerably higher than now. So I'll leave the speculation to punters

[amanitaangelicus] 24/8/2021 15:57

I thought you had a gd rns the another day? Must have bn an rns from the Order of the Royal Shaft?

[mick1909] 24/8/2021 15:42

You cant state its not going to happen as no one on this BB knows for sure Lets see what kind of information is in this presentation tomorrow for thursdays webinar

[pennstreet] 24/8/2021 14:31

You've shown your true colours Katsy! You want in cheaper hence the rubbish about a placing. It ain't going to happen

[theaviator] 24/8/2021 14:24

All I want to see are some agreements in writing otherwise ol Arry could be suffering with D Sefton syndrome??!

[rich1e] 24/8/2021 14:08

There are a few nominee's accounts, that I'm not familiar with, on the capital structure. Holding a sizeable % between them

[belfastboyo] 24/8/2021 14:07

Thought you'd sold and moved on?? Why are you still posting your great thoughts on this BB?

[scars] 24/8/2021 14:07

Leeky! Definitely!

[katsy] 24/8/2021 14:03

The placing price must be really low.

[pjj71] 24/8/2021 13:56

same old merry go round with this one...

Ethiopian wallets remain tightly closed.. more jam tomorrow rns's thrown to the market... confetti placing arrives to power said merry go round... this time next year rodney

[robjm66] 24/8/2021 13:29

EG part of the consortium and are going to put more money for a slightly increased share by the looks of it kinda contradicts your previous post.

[rich1e] 24/8/2021 13:20

I'm going to say the week after next for signed finance, see what Harry says on Thursday

[whu0319] 24/8/2021 13:17

Man : "Off-site infrastructure construction programmes are continuing for road and electricity connections." this is EG govt'd money, not paid by Kefi !!!

[delta0091] 24/8/2021 13:11

april 2020

Timetable: The Directors of TKGM and KEFI have resolved that, notwithstanding COVID-19, to remain focused on using every reasonable effort to preserve the overall scheduled target of starting full gold production at Tulu Kapi in 2022 and remain focused on full financial close of the Project funding in October 2020. Off-site infrastructure construction programmes are continuing for road and electricity connections.




if they've failed to 'resolve' the above commitments, why reward them if they dont materialise ?