Kefi Gold And Copper Share Discussion Threads

[theaviator] 04/6/2023 20:42

One Mrs is two too many LOL

[robjm66] 04/6/2023 19:45

That's how it starts then you end up be called the loins of Longleat (not a spelling mistake) when you start collecting wives as well

[theaviator] 04/6/2023 19:12

Don't laugh. Bought two wild boar and a few deer LOL

[robjm66] 04/6/2023 13:48

One to one presentation my comments in brackets tried to cut most of the waffle so its less painful for people to go through.



Firstly TK deposit in the middle of the screen on that hill. A million ounce reserve and more underneath that. Corporate overview slide. Arabian shield area similar to parts of Australian geology. The company has reached three projects in a queue for development. TK JQ and Hawiah which already is bigger than the other two combined. Also a very strong pipeline behind these three projects (Saudi licence areas for exploration in double figures now).

TK alone net cash flows double the market cap of the company. Project overview slide. TK high recoverees on gold, open pit with underground to follow. Jibal Qutman very similar, Hawiah a open pit and underground proposition. Kefi a pioneer in Saudi and Ethiopia.

Current project status and milestones slide. In the first quarter we prepared TK for launch . A few things left to achieve that mostly have been achieved in second quarter and I am in Ethiopia try to finish off. We are on the cusp of launching this project we have a general meeting at the end of June to get authorities so we can finish off the last pieces of the capital the kefi component that will be tabled at the general meeting at the end of June (Harry means the AGM on the 30th of June the money raised is seen as part of the financing package to launch TK).

Mine development..stress tested slide (shareholder not the only ones who have been stress tested) How does kefi raise large amount of money..looked at by independent experts. Project status and Saudi 2023 plans slide. In both JQ and Hawiah going to be lots of progress updates as the get closer to financing.. last week we were I Saudi Arabia now in Ethiopia.

Current NPV slide (Harry makes hash of explaining this suggest people just study it themselves) upside ten fold as the company derisks.

Syndicate slide for both TK and Saudi. Kefi has an ambition to become a large mining company. Saudi bulk of money from Artar a large fortune 100 family office (very big company) and local sovereign fund bank (talking about SIDF loan the can lend upto 70 percent roughly of money needed) kefi only need to put up much less than ten percent of development capital.

Ethiopia side kefi, contractors, government, regional investors African banks trying to achieve the same kind of outcome. The structure is in place and parties are doing their job.

Companies in Arabian Nubian shield area slide. Newmont Barrick…things are taking of in both countries both deregulated and both pushing mining sector.

Slide on others in company (no PR or marketing expert).

Valuation slide comparison to other companies. (basically how Kefi is undervalued to what it should be)

To sum up we are in the front row in both countries with the financing assembled and now we just have to get on and do it.

Interviewer getting a sense that you are feeling robust not quite invincible. Kefi first mover advantage in Ethiopia delays but kefi ready to hit the reset button? (interviewer made a hash of question but think she is asking is kefi ready to go now.)

Harry reply (mostly waffles on about how mines cost money and take long time but company in position now)

Interviewer in terms of the finance you talk about Artar and regional banks but then you talk about ten percent does that have to come from shareholders? (I crunched the number once and it only a came to a couple of million easy achievable by getting a bank loan but lets see how Harry answers).

“Unless someone delivers me a counterfeit machine” (goes all around the houses but then does say kefi is putting up just a small fraction of the capital needed to go forward which is all he really had to say in the first place.)

Interviewer you did say the crowd has turned up you mentioned Newmont and so on would it make sense to have a joint venture with the big companies?

Harry yes and that will be done at the right time (reality is kefi will have to joint venture expand and do deal just because of the shear size of exploration portfolio) ..huge drilling programs funded by our joint venture partner.. “choices of success”.

Interviewer you also said there is a plethora of reporting milestones as you derisk the projects but will one of them be a listing of the business in the United Arab emirates (?!?!)

Harry perhaps we are looking to dual list kefi, there is a bit of an analysis going on, there is a bit of a boom going on in the middle east and we are looking in Saudi Arabia in particular also Dubai, in Saudi there is quite an air of excitement there are only two listed companies in this sector (in Saudi) the right answer to your question is yes we will dual list just timing.

Interviewer you are not here you are not going to be speaking to important people in Ethiopia can you give us a taste of what yo will be discussing?

Not really… barrelling down the pathway of clearing the last hurdles of the documentation as set out I the presentation and I was invited in to see some very senior government people.
--
Typical harry interview if you can get past his waffle and droning voice there are some nuggets there.

Maybe AI should do them or you can get them overhauled in a different voice Yoda or Clint Eastwood Kinda of "do you feel lucky punk" well invest in kefi "Do or do not. There is no try".

...(dramatic pause)

[robjm66] 04/6/2023 13:46

Ok will try that Digger.

[digger2779] 04/6/2023 12:19

robjm - 2165 - that sometimes happens when you copy and paste something you have already posted elsewhere. Happened to me so after pasting I just added a couple of full stops and it got accepted.

[robjm66] 04/6/2023 12:15

Well they can just read it here lol.

[robjm66] 04/6/2023 11:48

Tried to post the above on the other thread but getting error statement unsure why.

[robjm66] 04/6/2023 11:44

One to one presentation my comments in brackets tried to cut most of the waffle so its less painful for people to go through.



Firstly TK deposit in the middle of the screen on that hill. A million ounce reserve and more underneath that. Corporate overview slide. Arabian shield area similar to parts of Australian geology. The company has reached three projects in a queue for development. TK JQ and Hawiah which already is bigger than the other two combined. Also a very strong pipeline behind these three projects (Saudi licence areas for exploration in double figures now).

TK alone net cash flows double the market cap of the company. Project overview slide. TK high recoverees on gold, open pit with underground to follow. Jibal Qutman very similar, Hawiah a open pit and underground proposition. Kefi a pioneer in Saudi and Ethiopia.

Current project status and milestones slide. In the first quarter we prepared TK for launch . A few things left to achieve that mostly have been achieved in second quarter and I am in Ethiopia try to finish off. We are on the cusp of launching this project we have a general meeting at the end of June to get authorities so we can finish off the last pieces of the capital the kefi component that will be tabled at the general meeting at the end of June (Harry means the AGM on the 30th of June the money raised is seen as part of the financing package to launch TK).

Mine development..stress tested slide (shareholder not the only ones who have been stress tested) How does kefi raise large amount of money..looked at by independent experts. Project status and Saudi 2023 plans slide. In both JQ and Hawiah going to be lots of progress updates as the get closer to financing.. last week we were I Saudi Arabia now in Ethiopia.

Current NPV slide (Harry makes hash of explaining this suggest people just study it themselves) upside ten fold as the company derisks.

Syndicate slide for both TK and Saudi. Kefi has an ambition to become a large mining company. Saudi bulk of money from Artar a large fortune 100 family office (very big company) and local sovereign fund bank (talking about SIDF loan the can lend upto 70 percent roughly of money needed) kefi only need to put up much less than ten percent of development capital.

Ethiopia side kefi, contractors, government, regional investors African banks trying to achieve the same kind of outcome. The structure is in place and parties are doing their job.

Companies in Arabian Nubian shield area slide. Newmont Barrick…things are taking of in both countries both deregulated and both pushing mining sector.

Slide on others in company (no PR or marketing expert).

Valuation slide comparison to other companies. (basically how Kefi is undervalued to what it should be)

To sum up we are in the front row in both countries with the financing assembled and now we just have to get on and do it.

Interviewer getting a sense that you are feeling robust not quite invincible. Kefi first mover advantage in Ethiopia delays but kefi ready to hit the reset button? (interviewer made a hash of question but think she is asking is kefi ready to go now.)

Harry reply (mostly waffles on about how mines cost money and take long time but company in position now)

Interviewer in terms of the finance you talk about Artar and regional banks but then you talk about ten percent does that have to come from shareholders? (I crunched the number once and it only a came to a couple of million easy achievable by getting a bank loan but lets see how Harry answers).

“Unless someone delivers me a counterfeit machine” (goes all around the houses but then does say kefi is putting up just a small fraction of the capital needed to go forward which is all he really had to say in the first place.)

Interviewer you did say the crowd has turned up you mentioned Newmont and so on would it make sense to have a joint venture with the big companies?

Harry yes and that will be done at the right time (reality is kefi will have to joint venture expand and do deal just because of the shear size of exploration portfolio) ..huge drilling programs funded by our joint venture partner.. “choices of success”.

Interviewer you also said there is a plethora of reporting milestones as you derisk the projects but will one of them be a listing of the business in the United Arab emirates (?!?!)

Harry perhaps we are looking to dual list kefi, there is a bit of an analysis going on, there is a bit of a boom going on in the middle east and we are looking in Saudi Arabia in particular also Dubai, in Saudi there is quite an air of excitement there are only two listed companies in this sector (in Saudi) the right answer to your question is yes we will dual list just timing.

Interviewer you are not here you are not going to be speaking to important people in Ethiopia can you give us a taste of what yo will be discussing?

Not really… barrelling down the pathway of clearing the last hurdles of the documentation as set out I the presentation and I was invited in to see some very senior government people.
--
Typical harry interview if you can get past his waffle and droning voice there are some nuggets there.

Maybe AI should do them or you can get them overhauled in a different voice Yoda or Clint Eastwood Kinda of "do you feel lucky punk" well invest in kefi "Do or do not. There is no try".

[katsy] 04/6/2023 10:16

TA hurry up and get your farm going.

[xb6] 03/6/2023 19:02

digger, I take your points raised and I sympathise to some extent, however you will find every single mining junior that has progressed to monetize assets has to go through exact same process. What makes Kefi special is that it has been done in a way to preserve a healthy project percentage and very low debt level.The share of revenues they should be raking in near term on TK are incredible for a sub 30m market cap company and that is where the focus is. 4p is not out the question here just on Tula Kapi 😄 then the other assets come into play for which early investors could get somewhat a free ride. Around every five years you get one or two small miners make the bigtime and IMO Kefi is now one to do that.

[digger2779] 03/6/2023 11:18

XB6 - "5+ baggers are very rare indeed these days". Yes they are but not as rare as over 95% of share price destruction which has happened more than once here even after the 17 for 1 consolidation. One of my buys in October 21 is already down 62% which was achieved in 18 months! Earlier buys are in the 95+% club and pre consolidated ones almost defy the laws of calculus.
Each time I have bought in Harry comes along with his confetti machine despite all the positive rhetoric. When is a funding not a funding? When Harry sells us the "umbrella" concept.
For a company that has done sweet fanny adams in terms of actual mining (pun intended) for over 12 years apart from raise money it ought to move into the finance sector under the guise of fund management or mismanagement.
Of course Johnny come latelys may benefit here but I wouldn't be too sure about that because at some point, us average downers thought we were onto a sure fire winner within the next few months that have dragged on into years.
The worst thing about it for me is the time I have wasted here not the money anymore. Although, I could've had a blast using it on fast cars and even faster women instead of believing the words coming out of the mouth of some pompous overweight boring excuse for a human being that is creaming in the money at the expense of others.
Anyone going to the AGM in sunny Cyprus?

[xb6] 03/6/2023 09:15

It is going to be a very exciting few weeks ahead here for sure and i predict there will be a fair bit of FOMO kicking in for those that have been on the sidelines watching. Revenues at TK alone should be enough to move this above 3.5p on the sign off Rns but it could go far higher initially as the stampede of buyers begins.

Harry has been getting stick for delays with this,but in reality because this will be the first major mining deal in the country the govt and regulators involved have been making sure the deal is seen as the "gold standard" that will set the basis of future deals involving major mining players.In recent times there have been a host of the biggest mining companies in the world that are now in the country and thats why the process is now being speeded up orbeit right at the end of the process.Having these major players now in country is a huge deal for Ethiopia and an even bigger deal for Kefi.Is quite remarkable that a company the size of Kefi is leading the way in this new gold territory and i predict that some of those huge miners that are entering the country will also look to do deals with Kefi in Saudi also.There is nothing like first hand experience in the mining world and in my opinion Kefi will be viewed by those bigger companies as a solid partner to deal with on future projects.

5+ baggers are very rare indeed these days,but with Kefi we can see that as a very real probability in the very near future.

[robjm66] 02/6/2023 21:23

Well it was better than the car crash one are few bits in it of interest that are new like considering listing in in the middle east but maybe not Saudi and mention of a future possible ties and joint ventures in Saudi and a big meeting in Ethiopia.

The thing is we know harry and his take it or leave it presentation style and we know kefi so can spot anything new but is it the kind of presentation that would bring in new investor's?

[bostanli] 02/6/2023 20:56

Hi Rob, I thought it was one of his better presentations, what did you think?
And like a lot here, not happy with the big drop in share price, but given me a chance of buying at this level 2 lots @ 0.63 yesterday, hopefully now onwards and upwards

[robjm66] 02/6/2023 20:29

(gold and China)

[robjm66] 02/6/2023 16:22

kefi presentation proactive

[monte1] 02/6/2023 15:58

Need to try a bit harder XB6 and FX Analyst, barely a ripple on the price. Have ye considered trying a free forum variation on the old Nigerian Prince wheeze at all?

[theaviator] 02/6/2023 15:51

Check out gold Ozzie xauaud

[xb6] 02/6/2023 15:45

Tell you what also,for a share that has just conducted a fundraise there is remarkably few shares around at published ask,for example if you want 10m you have to pay 0.712p and 15m 0.783p,tells a story ! would not be suprised to see this back around pre-placing level next week and looking to progress further.

[xb6] 02/6/2023 15:08

FX, I will take a look :---)))