Kefi Gold And Copper Share Discussion Threads

[master rsi] 10/4/2024 16:28

It seems the BIG investord found another £5,000 under the sofa and bought another 870K
a bit cheaper than the last one earlier

16:25:36 0.573 871,992

[master rsi] 10/4/2024 15:52

Someone is buying a large amount but decided to split it on lots of 870K, but every time has to pay more or fewer shares as is buying on a fixed amount £5,000 X 4 = £20,000 invested

15:46:12 0.572 874,126 15:47:16 0.573 871,99215:48:58 0.574 871,08015:49:40 0.574 871,080

[douglascomb] 10/4/2024 13:58

No problem. Let's hope we get this over the line very soon

[master rsi] 10/4/2024 13:50

Thanks Douglas
The link working

Kefi Gold and Copper PLC 10 January 2024 - voxmarkets

Significant Progress on Tulu Kapi Gold Project US$320 million Finance Package

KEFI Gold and Copper PLC (AIM: KEFI), an early mover and successful explorer in the highly prospective Arabian Nubian Shield, is pleased to announce that it has received confirmation of conditional final credit committee approval from the lead lender for its "shovel-ready" Ethiopian development project, the high-grade Tulu Kapi Gold Project (the "Project"). This followed the analogous approvals from other key syndicate members including lead contractors and lead equity parties, and the previously reported actions by the Government of Ethiopia ("Government") during 2023. Key Government actions include the previously negotiated and reported exemptions from foreign exchange restrictions, commitments to provide permanent security protection and the approval of additional protections for the lenders for the Project.

The receipt of these conditional approvals is testament to the collaborative and long-standing supportive attitude of Project syndicate parties. The entire US$320 million finance package is designed at the subsidiary level, with syndicate members who know the country and are keen to support in our tightly coordinated and safe manner.

KEFI is now mobilising into the field to prepare the community, so far having briefed church leaders and congregations, and distributed medical treatment for the victims of the recent malaria outbreak, via the Tulu Kapi Charitable Endowment. For good order, the introductory presentation made available to the community has been uploaded to the KEFI website and is accessible via the following link: hxxps://www.kefi-goldandcopper.com/expo-presentation/addis-adaba

In parallel with the social engagement programme, we are preparing detailed definitive documentation for signing between the Project syndicate financiers. Full Project launch, including funding drawdown, is on course for H1 2024, subject to the satisfaction of all the standard conditions precedent for a transaction of this type, independent confirmation that the Project is ready for launch from security and community standpoints, and final board approvals of all parties.

Speaking from the Future Minerals Forum in Saudi Arabia, where KEFI has been the technical partner in the highly successful Gold and Minerals SLA since 2008, Harry Anagnostaras-Adams, Executive Chairman of KEFI Gold and Copper, commented:

"The Ethiopian Government and the lead syndicate members of our high-grade Tulu Kapi Gold Project have been working hard to support our Project launch. The Government has recently made strong commitments including approving country membership (a set of protections for development finance institutions) for both of our Project lenders, deregulation of exchange controls and commitment to the preparation of security and our community. These Government initiatives have played a very important supportive role in allowing the Project to move forward.

"By the end of 2023, we had updated all independent technical due diligence and reaffirmed conditional approvals by all lead members of the Project syndicate, including conditional final credit committee approval of the lead lender. This has now given us the confidence to trigger preparations for Project launch, including progressing the approvals by the other syndicate members, preparing security and community, the readiness of which will be independently assessed, finalising legal documentation and the final board approvals for financial closing by all syndicate members.

"The targeted value-add from Project implementation is many times today's KEFI share price, as illustrated from the various industry-standard valuation benchmarks historically reported in our corporate presentations. KEFI believes these are realistic targets as we successfully implement KEFI's strictly risk-managed development plans, whilst also addressing our highly prospective exploration pipeline in both Ethiopia and Saudi Arabia."

[douglascomb] 10/4/2024 13:40

https://www.voxmarkets.co.uk/rns/announcement/38e6c4af-2623-4c6d-937b-561d7532bb18

[master rsi] 10/4/2024 13:40

KEFI tenement at Ethiopia
           

[master rsi] 10/4/2024 13:11

From the "UPS" thread Yesterday as the shares were selected for the April month..
Master RSI 9 Apr '24 - 13:51 - 166 of 191
UPS
KEFI 0.564p ( 0.55 v 0.578p )
Plenty of volume and in the rise after the drop after the placing at 0.60p last month. All the metals have been on the rise lately. Real prices sales at 0.551 and buys at 0.5629p.

[master rsi] 10/4/2024 13:07

Starting a new life in the charting front

[master rsi] 10/4/2024 13:00

KEFI is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield.

KEFI Gold and Copper is focused primarily on developing the advanced Tulu Kapi Gold Project in Ethiopia. Tulu Kapi has a Probable Ore Reserve of 1.05 million ounces and Mineral Resources totalling 1.7 million ounces. Planned gold production at Tulu Kapi is forecast to be 140,000 ounces per annum at an All-in Sustaining Cost of circa US$800-900/ounce over the initial seven years of mining the open pit.

KEFI has also been successful in Saudi Arabia where the Company has discovered and delineated gold resources at the Jibal Qutman Gold Project and copper-gold-zinc-silver resources at the Hawiah Copper-Zinc Project. Jibal Qutman and Hawiah are both being advanced towards development and KEFI is also exploring its large portfolio of Exploration Licences in Saudi Arabia.

Moving forward
The last placing @ 6p last 4 March was the reason for the stock to lose so much ground lately. Now after 1 month of some of the loose shares being absorbed the stock is bouncing back.
------------- Intraday ------------------------------- 2 months ---------------------------------- 2 years ---------------
------------------------ 6 months Candlestick chart with Indicators and 50/200 days MA------------------------

[timnicebutdim] 10/4/2024 11:01

I spy a new ISA purchase

[blue square] 10/4/2024 10:59

LoL, 'of' where I come from.

[monte1] 10/4/2024 10:55

‘have’ not ‘of’.

[blue square] 10/4/2024 10:50

Master RSI
Price 0.5749
Consideration £28,745
I should of spilt the buys up
I guess

[barry evans] 10/4/2024 10:49

I noted that the odious Simms character finally broke cover and pisted post up on Monday evening over there too, rob.

[robjm66] 10/4/2024 10:42

From lse thread

"Moving swiftly on, for what it's worth TW exchanged emails with HAA on Monday evening and, whilst he is not inside, he is completely relaxed about Kefi. He added that if there were any changes to the RNS released on 25th March (extract below) there would have to be an announcement and, as there hasn't been, then everything can be assumed to be on track:-

"I can also advise the Company has received confirmation from the co-lender Africa Finance Corporation ("AFC") that its approval processes are underway and progressing well for its-intended US$95 million investment, which would provide the balance of the required funding for Project launch”

[master rsi] 10/4/2024 10:35

Blue square

Oversize trades are delayed by 1 to 2 hours
Could I ask you how much did you pay?
Surely it was below £29K in total

[master rsi] 10/4/2024 10:25

Blue square

That's the way the way I like it
gone to 0.57p bid v 0.58p

song ... KC & The Sunshine Band - That's The Way (I Like It)

[blue square] 10/4/2024 10:23

I guess it will show up after
hours

[blue square] 10/4/2024 10:21

I just bought 5 million shares,
things seem to be improving in
oromia but who knows.

[master rsi] 10/4/2024 10:14

Slowly but surely is going to go further up
The least buy 1,75K

10:10:04 0.571 1,750,000

[master rsi] 10/4/2024 09:58

re - he knows that I know

Are you sure of a he?

[master rsi] 10/4/2024 09:50

Strange but true is going UP again 0.566 v 0.58p

Never mind the early UT at 0.55p showing on the Intraday chart

note : Kefi is an order book stock and always shows the last UT

[master rsi] 10/4/2024 09:40

jaylett

re - Just an idea

Just another negative post to add to your collection