Kefi Gold And Copper Share Discussion Threads

[tintin27] 06/9/2021 19:22

looks like we maybe looking at a ceasefire/peace treaty soon.

[...]

[belfastboyo] 06/9/2021 18:58

Buyers smelling a bargain I'mGuessing...should funding closure of TKGM $376m actually happen and be announced it will likely levitate into multiples of current share price I think...but then again it's Kefi and I have been here since Nyota and felt the past 10 years of broken promises...but still I'm feeling more confident by the day that it could well happen shortly...still it could be 6 weeks of waiting though...don't think much will happen to share price until a deal is done (or not)Meanwhile we await Hawiah drilling update which in itself could be magical ?

[amanitaangelicus] 06/9/2021 16:09

Belfast ... wo, something.s happening. GL fella ...not holding, but have done in the past. It ground me down ...

[pennstreet] 06/9/2021 15:37

Has the rerate begun?

[mick1909] 06/9/2021 14:33

This does move quick anyway

[mick1909] 06/9/2021 14:32

Mining sector in general is dominanting the leaders board today

[mick1909] 06/9/2021 14:30

Still small volume to be any leaksprice of gold might be inciting some investors back??

[shortarm] 06/9/2021 14:28

Much higher volume than lately! Leaky leaky?

[matthew stone] 06/9/2021 14:18

Bit more interest today - someone's been buying regularly in c300k blocks...

[digger2779] 06/9/2021 11:18

cutandpolished614 Sep '21 - 12:21 - 15646 of 15673

So no progress report on funding as per that post. Seems like a significant turn of events instead of the usual flannel.

[mick1909] 06/9/2021 10:49

Can get a quote to sell 2 mil 1.497p going to take gold price to spike for the short term movement to get going

[rich1e] 06/9/2021 09:51

If funding is to be completed, I'm expecting volumes and the share price to increase in the days prior. There will probably be further updates leading up for one thing, even without I'd expect leaks to push the share price upwards.

[mick1909] 06/9/2021 09:36

The logical step to take would be is to wait for funding RNS then jump on board as the rise would most likely to be over 3 or 4 trading days you'll miss the most bags e.g share price goes from say 2p to 3.5p-4p then upto 6p-8p so thats 2 or 3 bags for pre funding investing to just having 1 bag to when the funding RNS confirmed if its delayed then the share price will drop so not exposed to that either Thats why the share price is languishing as i think alot of people waiting on the sidelines as its a safer way of investing

[belfastboyo] 06/9/2021 09:21

Tiny volumes but more sellers than buyers is all it is telling us...it's really a very simple binary judgement...either you feel that the funding closure won't ever happen or will take forever...in which case I can understand why someone might sell...OR you believe it will happen and soon in which case you will have the opportunity to x2 x3 or x4 your returns (as mr market reflects a new reality)...the choice is yours

[shortarm] 06/9/2021 09:00

Such massive volume too! Lol :-D

[amanitaangelicus] 06/9/2021 08:50

Slip sliding away ... so shouldn't be falling ...what aren't they telling us?

[belfastboyo] 06/9/2021 07:57

After so many false promises and false dawns I'm more optimistic now than ever that it's going to happen very, very soon...in which case the share price will massively re rate to much more realistic valuation...given they are finalising a 376m funding package and we have billions of USD assets/reserves in the ground across both Ethiopia and KSA I'm hopeful a 4p, 5p or 6p valuation on closure..fingers and toes crossed of course as Harry's track record on delivering to past promises is appalling...so DYOR

[rich1e] 05/9/2021 19:13

A good repost yesterday 15646, from cutandpolished, of a top post from SB_1964 on lse, sharing their experience. I would agree that we’re in for a cracking October and year end, in general, I’d say

[theaviator] 05/9/2021 18:43

https://ibb.co/gmvKTJ0That's charted from 1998. I can't believe how those lines have played looking at it. So you see the possibility there for 2700 white line. Question is this current 886 retracement test if can beat it and close above from the move last year. If not, that sets up that v strong possibility to go back to the 1000k level, so for me it's all in that close. Maybe I'll hang on a bit longer but definitely some off the table between 2 & 2.2k...Interesting as hadn't stuck those lines on but they have played well it seems...

[theaviator] 05/9/2021 18:11

I bought my physical gold at 900 an ounce (based on chart) and also some at 1300 and 1700 so gold is nearly done for me. Anything near 2000 I'm out. Was silly not to take it last year really but didn think it would push a little higher. The truth is that I see it back down testing 1000 Estseon where I'd definitely rebuy and the cycle has been is pretty clear for me. Without going into detail as many will think I'm a certified nutcase, (probably am but that's okay lol) it's natal chart on top astrologically doesn't look so strong. With the introduction of Neptune later this month this will be interesting in general markets. Hence I mentioned 25th. Let's see... LolI will rebuy indices from 17 downwards on Shiller if and only if there is decent convergence. There isn't the same demand for gold imho. The start of the digital age upon us and imvho effecting things greatly. As for comex.... Well.... Lol

[estseon] 05/9/2021 15:25

Thanks, aviator. If there is a crash, the Dow and Nasdaq are likely to be over-sold (this is where the chartists will provide some pretty valuable guidance on timing). So, I reckon, buy those indices and watch the pricing of gold miner ETFs. Their pricing is likely to precede the pricing of the metal (it seems to have done so previously). Take a return on them then look at the metal keeping an eye on the Au/Ag multiple because silver often time lags gold. Run an accumulator bet on that sequence. Kefi has huge gearing to the price of gold and, looking to the future, its copper will provide a sound base for its valuation.

[theaviator] 05/9/2021 11:55

As always interesting views and facts there Estseon. I managed to get some physical silver there towards the end of the week. When it will rise is hard to say but long term should be decent. Seems physical liquidity is back. Couldn't get any for ages. Huge problem with ETFs which I just don't agree with... Ratio back to 75-1 so decent I think. Of course there's is always the exchange rate risk as well with a devalued dollar..

[estseon] 05/9/2021 10:54

aviator

Mobius now suggests that investors should hold 10% in their portfolio in gold.

Assume the total amount of gold mined to date and in prospect of 200,000 tonnes: total value about $12trn.

The value of US bond and equity markets? $60trn? So US investors should hold 50% of the entire global reserve of gold? The global bond market per the ICMA was nearly $130trn 12 months ago.

Much of the global gold supply is locked up in jewellery and central bank reserves. Some in industrial applications (though relatively little).

The point being, at this price, there is insufficient gold available for even US investors to take the advice of that investment guru.

The global supply of gold has changed little in decades and we are emerging from a decade of stalled exploration and development. The market capitalisations of the bond and equity markets have mushroomed, however. The price of gold is currently at around the 2011 peak.

If the bond and equity markets crash, gold should look more stable priced at around this level. If just the equity markets crash, we could see gold higher if a wider-spread hedging policy is adopted by investors. Initially, in a crash, gold will take a hit as investors rush for cash. Gold seems to recover andappreciate in price after a crisis rather than in a crisis.

An increasing number of analysts are saying that the equity bull market has reached the 'manic' stage and are drawing parallels with the 'dot.com' burst.

The next few months might see changes to employment levels and economic outlook because of tailing off of government pandemic support for employers. And there are inflationary pressures.

We will also see an EU partially stalled (politically) because of the German and French elections.

The markets could be a bruising place to be for the next 6 months or so and the fundamentals appear to be different from those of prior crises.

A crash could provide a good buying opportunity, particularly in the gold miners. The professional investors appear to be preparing for turbulance. but it won't happen until the New York cabbies take fright.

[robjm66] 05/9/2021 09:06

Looks like the rebels have suffered some reverses bbc a bit late recognising the rebels have stalled. How big any the reverses are should become evident over the next few days to a week as takes time to cut through the conflicting claims of both sides.



In the past two weeks the army and its allies appear to have stalled the Tigrayan forces and even pushed them back and regained control of some strategic areas.

hxxps://borkena.com/2021/09/04/tplf-three-divisions-forces-entirely-annihilated-general-bacha-debele/