Kefi Gold And Copper Share Discussion Threads

[robjm66] 02/4/2024 09:40

The news that you have a big drill joking apart it look like the deposit goes a lot deeper than was previously drilled.

Hawiah’s Exploration Potential The Hawiah massive sulphide deposit remains open along strike and down-plunge, with the deepest mineralised intercept of 590 metres below surface.

"(linkedin GMCO) “This has involved technically challenging drilling of deeper holes at the Crossroads area of the deposit, including HWD_222 which reached end of hole at 1,000m!” 1,000 seems a suspiciously round number so could even open below that just makes sense to get more drill holes between 590 metres and 1000 metres rather than go deeper.

[barry evans] 02/4/2024 09:30

That has never stopped the avatar before.



robjm66
Member since: 30 Oct 2002

8822 Posts

[theaviator] 02/4/2024 09:28

Point is the news is irrelevant really.

[robjm66] 02/4/2024 09:13

Not going to drill that deep in one hit Avaitor or keep drilling if the deposit fizzles out as it costs and its the sub contractor for the joint venture that is doing the drilling com/

The other factor is would the Joint venture have put this online unless they expected good results from the grades and other drill holes.

[robjm66] 02/4/2024 08:15

Peter Schiff gold

[robjm66] 01/4/2024 22:38

"The remaining $20m of the financing had been allocated to specific parties, and was expected to be finalised and structured over the coming months, subject to the completion of standard procedural conditions precedent.

It said those conditions included the Ethiopian government's formalisation of the agreement details reached and the compensation packages for households being resettled, in accordance with the requirements of the law and World Bank IFC performance standards."

Question 20

If you did not know the basics of the project (including post launch) maybe you should have not gone short Dud it would have saved you panicking now.

[dudishes] 01/4/2024 19:32

Have emailed Tom W wrg the same subject. I'll make it legal.

To where are you proposing to move, 350 residents on the Island?

Currently, they are saying "No" as not sure of recompence or where to live.

Their object, stay put, nothing gained apart from disruption to lives.

Tom told me that 2.2M worth of gold had been sold? I cannot find in accounts?

Check holdings, AA peanuts, seems maybe ditching on the the new boy and his outfit!

Some have been totally done here, but who?

[dudishes] 01/4/2024 18:39

I got grief from Tom W, he quoted some £2.5M from gold sales or something.

Can one enlighten me, £2.5M sales?

[theaviator] 01/4/2024 18:38

I have a big drill and can drill a big hole too. Would you invest guys?Unfortunately at this stage I can't tell you exactly the gold in the hole I drilled pmslFolk are sooo stupid! Would be different if it was a drill hole showing a bonanza. Also one hole isn't anything. Needs to be taken over a large cross section lol

[dudishes] 01/4/2024 18:34

WD rain. to be fair, twice the size of beach huts but easily moved.

robj may like to drown out posters that negate the wishes of kefi, but us with

telecoms have direct access to the Island?

Currently, there is no offer of recompence, if so prove it ROBJ?

Currently, their wish is not to move at all! Where too?

Communication is par the course eh?

Robj and Goaty done. Ramp along, just no idea!

[theaviator] 01/4/2024 18:24

Gold and Minerals Ltd is Kefi's setup company. Quite clear they are pumping it. It is not some other company the post is from Kefi LOLLL

[1_dma] 01/4/2024 18:19

Absolutely brilliant guys i cannot wait for market open tomorrow :-))

[rainyrain] 01/4/2024 18:19

Dudishes, thanks. I was trying to get my head around what these new houses will look like and "beach huts" has solved the problem.

I stayed on a remote Thai island once and a snake was in the roof of my beach hut. A Burmese guy ate it for lunch.

[xb6] 01/4/2024 17:53

We can safely say we are in for a good week or two :-) IMO there will be many folks on sidelines looking to get in here under 1p levels and holders looking for top-ups as we approach that key EVENT.

[robjm66] 01/4/2024 17:53

Crossroads Lode: 1.1km long, with an average width of 5m with the widest intersection being 10m true width; and 
Crossroads Extension Lode: 0.7km long at surface, with a total plunging strike length of mineralisation to 1.3km to surface. The average width of 4.2m with the widest intersection being 13m true width. This lode has been explored to a maximum vertical depth of 500m where 6.2m of massive sulphide was intersected at 2.9% zinc and 0.79g/t gold. 

hxxps://www.kefi-goldandcopper.com/files/announcements/kefi-positive-pfs-for-hawiah-28june23.pdf

Whilst mineralisation is continuous across the 4.5Km strike length, three distinct massive sulphide ‘lodes’ have been delineated, representing areas of greater sulphide thickness. The polymetallic
massive sulphide mineralisation comprises copper, gold, zinc and silver with intercepts of up to 5% copper equivalent.

Hawiah’s Exploration Potential The Hawiah massive sulphide deposit remains open along strike and down-plunge, with the deepest mineralised intercept of 590 metres below surface.

(Today linkedin GMCO) “This has involved technically challenging drilling of deeper holes at the Crossroads area of the deposit, including HWD_222 which reached end of hole at 1,000m!” Doubt they were drilling that deep just for the fun of it.

[dudishes] 01/4/2024 17:53

blue square, more likely.

£25K eh?

Short pp, I'm just ahead of the 25K that pearl jam will invest.

At 1hr after mid day UK time, I will bet that his £25k is on a losing streak.

[1deedee] 01/4/2024 17:28

Dudishes you better have a stop lost on your short cuz this is gonna fly;-)

[robjm66] 01/4/2024 17:18

Nice finds guys.

[xb6] 01/4/2024 17:14

Standby for a juicy update on Saudi - check this out from a short while ago



H t t ps://www.linkedin.com/posts/gmco-ltd_gmco-mineralexploration-miningindustry-activity-7180446393751257088-D8iV?utm_source=share&utm_medium=member_desktop

[robjm66] 01/4/2024 16:46

The Mopani deal finalised at the end of March marks a new force sweeping through the global mining sector. Gulf nations, hungry to diversify their economies beyond fossil fuels, are redirecting petrodollars to secure copper, nickel and other minerals used in power transmission lines, electric cars and renewable power. Beyond the UAE, chief among them is Saudi Arabia which wants mining to contribute $75bn to its economy by 2035, up from $17bn. Oman has started construction of what could be the world’s largest green steel plant that plans to use iron ore from Cameroon, while the Qatar Investment Authority, the gas-rich state’s sovereign wealth fund, is now Glencore’s second-biggest shareholder.

The region has huge potential to create a major mining industry,” says Tom Harley, managing director of Dragoman, a mining advisory working with Gulf nations. “The Saudis are so palpably ambitious: even if they achieve 60 per cent of what they are after, then it will be enormous.” For resource-rich nations in Africa, Asia and Latin America, the entrance of these middle powers into the critical minerals battleground is a welcome alternative to decades of exploitative arrangements underpinned by either western colonialism or Chinese debt.

Despite this, Washington has welcomed the Gulf’s expanding role in mining for helping to break Beijing’s monopoly over processing critical minerals. The US has been actively brokering Saudi, Emirati and Qatari investment in riskier jurisdictions, such as the Democratic Republic of Congo, where western companies struggle to enter, in order to keep China out, according to executives from mining companies and trading houses, as well as a senior US government official.

“The Middle East is looking to diversify and has a war chest,” says Richard Blunt, partner at Baker McKenzie, the law firm that represented Zambia on the IRH deal. “They’ve got this massive advantage as they can do government-to-government deals and have patient capital yet come without the diplomatic pinch involved in choosing between Chinese and western investors.” Under Crown Prince Mohammed bin Salman’s “Vision 2030” to modernise Saudi Arabia’s economy, mining and minerals processing are earmarked to become the third industrial “pillar” next to oil and gas and petrochemicals.

In Zambia, as well as its Mopani mine, IRH has announced plans to bid for a stake in the Lubambe copper mine, owned by China’s JCHX Mining. IRH intends to take a controlling stake in Konkola Copper Mines, which the government handed back to India’s Vedanta in September, according to people familiar with IRH’s strategy. Vedanta says that it wants to remain majority owner but would be open to selling a 20 per cent stake.

[robjm66] 01/4/2024 16:41

Also the villagers will be compensated with what for them life changing money and the land is technically not owned by the villagers.

[dudishes] 01/4/2024 16:00

Rainy,

From what I have seen, and to be fair to kefi, seems just rather large beach huts?

Just need one to object?

[dudishes] 01/4/2024 15:56

!deedee, Aye, but your guys forgot their shovels!

[1deedee] 01/4/2024 14:29

. Nice to see gold at all-time high.

[1deedee] 01/4/2024 14:26

Quite an interesting article happy Easter