Kefi Gold And Copper Share Discussion Threads

[estseon] 13/5/2024 10:48

:-) Thanks, jaylett, I look forward to the strange green light becoming emitted by my holding.

[katsy] 13/5/2024 10:11

Three ramping RNS's in 6 days, so I agree with you II, something bad is in the offering. Three RNS's that is all blah... and says nothing he hasn't said before in the previous 10 years.

[robjm66] 13/5/2024 08:54

Good one Jaylett hopefully we can make "astronomical" amount of money.

[nick2412] 13/5/2024 08:44

HAA also attending this '121 Mining Investment' London event 15th % 16th May:-

[rainyrain] 13/5/2024 08:36

Final approval blah blah blah blah project launch blah blah blah final approval blah blah blah project launch blah blah blah final approval blah blah blah project launch blah blah blah final approval blah blah blah project launch blah blah blah

Is it me or is this about the jist of all update RNS's over the past year or so?

[robjm66] 13/5/2024 08:29

INVESTOR BRIEFINGS AND WEBINAR

Institutional investor relations advisers 3PPB (contact details shown below) have commenced arranging briefings for institutional investors on request.

Research group Orior Capital is today publishing a research report on KEFI, which will be accessible from the KEFI website.

The quarterly open-forum webinar for all investors will be at 3pm London time, on Wednesday 22 May 2024. Details of these two events will be announced in due course, encouraging the submission of questions before and during the webinar.
---
Maybe they are expecting news on TK before the Webinar would harry really miss the opportunity by having one before a breakthrough?

[nick2412] 13/5/2024 08:09

"all syndicate parties have now either confirmed final (conditional) approval or that they target providing their approval this month; and corporate activity is increasing in the Arabian-Nubian Shield and KEFI has received expressions of interest from other parties to potentially participate should the opportunity arise in Ethiopia, either at Tulu Kapi or in other growth opportunities being considered."

Reiteration of the farm out prospect.

[blue square] 13/5/2024 08:01

Abiy visiting wellega,was a big deal,
he rarely visits, the fact 50 000
Oromos came out in support is also
a big deal.
This is and always was about safety,
OLA members are surrendering on mass,
I no longer believe they will disrupt
the mine build

[robjm66] 13/5/2024 07:54

KEFI now targets an elevated beneficial interest in TKGM of 80%. This was made possible by the change in the permissible capital ratio agreed with the Ethiopian central bank, combined with the lowering of the weighted average cost of debt finance by virtue of attracting more ERN demand as a result of the central bank approval of our exemptions from exchange and capital controls. A consequence of these refinements is the improvement in the estimated IRR for the investors of share capital into TKGM (KEFI and the Government);

[shortarm] 13/5/2024 07:48

I do not believe that you have a humble opinion- please just use IMOGood lad :-)

[rainyrain] 13/5/2024 07:35

Oh right so other better run and more successful companies are building mines in Ethiopia, the Prime Minister visited the area - but didn't visit site - and "conditional" approvals may be signed in may.

Imho no money will be transferred in may. Or Imho this calendar year. I say that based on the construction money was maybe, supposedly, and could have come in calendar years 2022 and 2023 , so there's a chance imho it wont come in 2024 or indeed 2025 I reckon. Probably not 2026 either. All imho DYOR!

[bostanli] 13/5/2024 07:18

Great quarterly update!!

[douglascomb] 13/5/2024 07:05

Another great RNS troops. Come on Kefi

[goatherd] 12/5/2024 15:45

estseon,

Do you not think that some of Kefi'a track record in Saudi Arabia is due to ARTAR knowing how to get access to the American and French contractor's drilling results?

And I don't think any earlier (of that sort) was done in Ethiopia?

[estseon] 12/5/2024 15:21

Agree, Nick, but also re "other growth opportunities..." Kefi has a track record of successful exploration of VMS deposits in the ANS. A company interested in farming into TK might also be interested in forming a JV to explore and develop VMS deposits, exploiting Kefi's know how.

[dudishes] 11/5/2024 14:27

Rob, correct. At 0.62 I got caught short.

Previous shorts of 0.8 & 0.7 were closed in April at 0.56.

Win some etc...

Re 5246, It would seem sensible to farm out and concentrate upon Saudi, where policing

etc...is more secure.

Naturally, there are the usual hints/prospects as usual.

[nick2412] 11/5/2024 14:09

I think there will almost certainly be a farm out of Tulu Kapi with Kefi retaining a majority stake. HAA didn't put this sentence in the recent update without good reason:-

"KEFI has received expressions of interest from other parties to potentially participate should the opportunity arise in Ethiopia, either at Tulu Kapi or in other growth opportunities being considered."


The unexpected but welcomed increase to an 80% stake in TK allows Kefi to relinquish around 25% post-funding formal sign-off. What would Kefi get for a 25% farm-out? Tom W didn't specify a % but suggested a farm-out would bring in a "massive, massive amount."

If that happens (and I hope it does) it would mean an end to placings and accelerate and expand Saudi prospects.

If HAA moves on these "expressions of interest" (as I think he will) and the funding sign-off is followed by an RNS that says Kefi is in talks to farm out x % then I think that would trigger a second significant re-rating - the funding sign-off being the first.

I suspect talks may have already taken place with a provisional informal understanding to go ahead and ready to be advanced once funding is signed off. The section in the RNS about interested parties wasn't just meaningless padding.

[christopher logsdon] 11/5/2024 11:13

That would be nice, but I'm fortunately unable to at the moment have a lot of stock under Water

[robjm66] 11/5/2024 09:17

Christopher Personally will try to top up before a deal then at some point might look at the silver market more and just use kefi as a safe place to park money between trades.

Sentiment here has been totally dire for years but what should save things is the fundamentals of kefi prospects, the metal markets and kefi Geo team all subjects that hardily get discussed most of the time.

Apart from what I hope to get out of it will, i be happiest when the majority of people have made money here.

[estseon] 11/5/2024 09:14

Allied Gold Corporation's Kurmuk mine is comparable to TK and that company is my favourite candidate for a JV with Kefi.

[christopher logsdon] 11/5/2024 08:22

Rob, my friend, I'll have a sigh of relief when I break even at 2p, I would love to see this rocket just on sentiment alone as I'm sure we all would fingers crossed

[robjm66] 11/5/2024 08:09

(news round up second story)

KEFI Gold expects financial approvals for Tulu Kapi this month…

KEGI added that dedicated policing has been formed for permanent presence around Tulu Kapi and the other strategic mining projects, reporting to the Prime Ministry to ensure safe working conditions for the community.

“reporting to the Prime Ministry” This is getting pushed through at the highest level.




(Smart move by the Chinese swoop in when project looks in trouble then bide there time till things calm down)





MITHRA Metals, a prominent private investment firm based in the UAE, recently announced a strategic move that underscores its dedication to fostering global partnerships in the mining industry.

The firm has acquired 240,000 shares of ANS Exploration, headquartered in Toronto, Canada. This significant investment is in line with MITHRA Metals’ strategic outlook in identifying and engaging with promising mining companies worldwide, it said in a recent statement.

ANS Exploration will play a key role in MITHRA Metals’ portfolio, as it owns a 95 per cent stake in Altau Resources, which in turn owns a 100 per cent interest in the Daro and Zager licences, strategically located in the Arabian-Nubian Shield in Ethiopia.