Kefi Gold And Copper Share Discussion Threads

[theaviator] 29/9/2021 16:46

Phil no chance. This is going well below 1p. Don't touch it with a 40 foot Sir right now.

[theaviator] 29/9/2021 16:44

Never read such a BS blatant RNS blaming "security concerns during preparations for the expected October 2021 launch"Never was funding in place imho. It is time to oust Adams now.

[theaviator] 29/9/2021 16:40

Aooooch. Now do we see how dangerous the rampers are? Point made!

[oilisgold] 29/9/2021 16:37

They will take it down sub 0.5p again.

[rich1e] 29/9/2021 15:55

I bow to your judgement fevertree, I saw over on lse, that you were a fund manager in the city. Who did you work for? Genuine question

[fevertreeman] 29/9/2021 15:51

As Katsy pointede out nothing has changed about the dreadful Adma or Pinocchio as he should be called.....as I said yesterday ahead of today's omnishambles, he has absolutely stiffed shareholders,been consistently slippery with the truth, missed deadlines he set over not months but years, all the while paying himself ridiculously well and trying to make sure he takes cash not shares as any bonus.

I predict:

1. If the financing does come it isnt till 2022 as the 'security' issue has absolutely nailed any hope of the 30+ pc coming on board the financing syndicate.

2. A rights issue as he is running out of cash (look at what the auditors flagged about running out of cash in July)
3. Saudia Arabia gets hyped to Kingdom come...and possibly
4. The Ethiopians pulling out red card and removing his license

But unlikely

5. Adams resigns as this is too lucrative a gig to give up, and such is the dreadful governance who's going to push him?

[mlangton1] 29/9/2021 14:43

Sharenotes LOL

[delta0091] 29/9/2021 14:19

Aug Kefi Minerals 2020 and beyond - KEFI

Q and A section Kefi website.

Would you please provide some insight into recent media reporting on Ethiopia?
Q: We are seeing daily press reports about Ethiopia, about Tigray and about the banking system. I am sure the Company has much better insight than most. So would the company please comment about the situation, the main issues as it sees them and the impact on KEFI and its project Tulu Kapi?

A: There are many issues swirling around and we do not claim to be political analysts. But we volunteer a few comments because much of the media coverage is quite shallow and even hysterical. And obviously some of it, in effect, similar to sponsored PR. We hope our few comments assist shareholders to see better understand current events in Ethiopia:

Tigray conflict:

There is the Federal Government and there the Regions, of which Tigray is one Region with about 5% of Ethiopia's population
There is the military and also various arms of the various police forces
The communications fed through the media are often “posturing via the media
The attack last November on the Federal military base in Tigray Region obviously unleashed a series of actions and reactions which everyone we deal with wants to end
Our prognosis is that the tensions will abate soon, for a number of important reasons, mostly to do with Ethiopians of all backgrounds wanting it to
Be that as it may, KEFI and TKGM are apolitical, operate far away from the conflict areas and focus first and foremost on our local communities and honouring our commitments to Ethiopia

[donegal1997] 29/9/2021 13:31

There's only one question we need answered, the cash balance and how the cash balance will be positive in the next month or 2

[sharenotes] 29/9/2021 13:21

Mick, I think Harry wanted to get the good news out first!

[mick1909] 29/9/2021 13:14

Whats peoples views on the financials tomorrow?

[philjeans] 29/9/2021 13:13

Easy money - always BUY the dips!

[robjm66] 29/9/2021 13:03

Interview retweated by Addis standard rather than the RNS

[shortarm] 29/9/2021 12:59

Wow, nearly 3% traded. Naff all in other words! Harry and the contractors own 6% and RAB capital own 12 percent.....Mainly traders playing today I guess....

[monte1] 29/9/2021 12:42

#16009

Only for ensuring compliance with disclosure requirements in accordance with AIM rules.

Anyway #16005 ?

[delta0091] 29/9/2021 12:40

no doubt the truth will be exposed in one of the Ethiopian press outlets, soon enough.

[pennstreet] 29/9/2021 12:39

With all the energy expended so far by bankers , backers, the government etcthere's no way TK will fail.

[tom barnaby] 29/9/2021 12:39

16009

Are you seriously suggesting that an RNS that has sunk the share price passed under 'arrys radar?

[goatherd] 29/9/2021 12:37

Tom,

As you know perfectly well (well, you should anyway) all RNSs are signed off by the NOMAD.

[delta0091] 29/9/2021 12:35

" remains optimistic that the development phase of the Tulu Kapi Gold Project in Ethiopia"


as opposed to 'confident'.


TK is over.