We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kefi Gold And Copper Plc | LSE:KEFI | London | Ordinary Share | GB00BD8GP619 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.021 | -4.46% | 0.45 | 39,535,049 | 16:28:28 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.45 | 0.464 | 0.479 | 0.45 | 0.466 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Metal Mining Services | -7.9M | -0.0010 | -4.50 | 37.59M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:38:51 | O | 4,659 | 0.446 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 23/1/2025 | 16:15 | ALNC |  TRADING UPDATES: Kooth eyes top-end profit, while IQE sees sales beat |
| 23/1/2025 | 07:00 | UK RNS | Kefi Gold and Copper PLC GMCO - Saudi Exploration Enablement Program |
| 21/1/2025 | 07:00 | UK RNS | Kefi Gold and Copper PLC Legal Claims Against KEFI Dismissed |
| 17/1/2025 | 14:31 | ALNC | TRADING UPDATES: Angus Energy revenue up on higher winter gas prices |
| 16/1/2025 | 07:00 | UK RNS | Kefi Gold and Copper PLC Exploration Licence Awarded in Saudi Arabia |
| 07/1/2025 | 12:07 | ALNC | Kefi Gold & Copper says Tulu Kapi underway; updates on Saudi Arabia |
| 07/1/2025 | 07:00 | UK RNS | Kefi Gold and Copper PLC Company Update |
| 02/1/2025 | 07:00 | UK RNS | Kefi Gold and Copper PLC Result of GM |
| 31/12/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Total Voting Rights |
| 06/12/2024 | 07:00 | UK RNS | Kefi Gold and Copper PLC Notice of GM |
Kefi Gold And Copper (KEFI) Share Charts1 Year Kefi Gold And Copper Chart |
|
1 Month Kefi Gold And Copper Chart |
Intraday Kefi Gold And Copper Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 30/1/2025 | 22:22 | Is KEFI about to come good? | 7,254 |
| 30/1/2025 | 19:27 | Kefi Minerals 2020 and beyond | 29,736 |
| 21/1/2025 | 07:57 | Kefi yet another AIM listed fraud. | 386 |
| 04/12/2024 | 17:13 | KEFI the new cycle UP after the placing | 205 |
| 12/7/2024 | 20:23 | KEFI - The Pigaroo lost it's lipstick again | 9 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 16:46:45 | 0.45 | 4,659 | 20.78 | O |
| 16:46:45 | 0.45 | 2,497 | 11.14 | O |
| 16:38:53 | 0.46 | 4,000,000 | 18,224.00 | O |
| 16:35:02 | 0.45 | 1,213,946 | 5,462.76 | UT |
| 16:28:28 | 0.46 | 114,439 | 531.00 | O |
| Top Posts |
|---|
Posted at 30/1/2025 08:20 by Kefi Gold And Copper Daily Update Kefi Gold And Copper Plc is listed in the Metal Mining Services sector of the London Stock Exchange with ticker KEFI. The last closing price for Kefi Gold And Copper was 0.47p.Kefi Gold And Copper currently has 7,980,754,790 shares in issue. The market capitalisation of Kefi Gold And Copper is £35,913,397. Kefi Gold And Copper has a price to earnings ratio (PE ratio) of -4.50. This morning KEFI shares opened at 0.47p |
Posted at 22/1/2025 07:28 by robjm66 From Q & A section kefi webisteVarious questions regarding Tulu Kapi, Share Turnover and Executive Salaries Q. Why one year later after stating AFC country membership has been granted, is country membership for AFC still going through the approval/ratificatio A: Ministry has approved. Parliamentary ratification awaited AFC credit approval, issued December 2024. Q. Taking guidance from the Q&A reply on 24th May 2022 is it still a 24 month timeframe from mine construction to being fully operational or have you managed to shorten the timeframe? If it hasn’t been shortened, how will you, as suggested in presentations, get commissioning in second half of 2026 and a full year of operation in 2027? Can other works proceed whilst the Community is being moved? Will it take up to a year to move the community? A: Community resettlement starts at the beginning of Major Works. Commissioning starts before the end of Major Works which are designed to deliver full production. Q. What is the exact timetable for the resettlement of the local population at Tulu Kapi? A: A small area is resettled prior to Major Works. The rest are sequenced as appropriate within the Major Works. Q. Does Kefi anticipate receiving an extension to the 2035 license expiry date as potential further discoveries are made extending the life cycle of the mine beyond this expiry date? A: The Mining Licence contains the right to two 10-year extensions. Q. Harry mentioned in his interview with Proactive Investors that developing a series of projects in Ethiopia to follow on from Tulu Kapi is planned as it’s what fund managers who he has presented to want to see. Can he confirm that this will be funded at subsidiary/project level or via farm outs and the anticipated 80% holding in TKGM will not be reduced significantly? A: KEFI will maintain its stated focus on regional/subsidiary level funding. Q. Most current investors would like to hear that no further placings will be done before before funds flow from Tulu Kapi in 2027. Can Harry confirm that in the event Saudi assets are sold for the valuation or more in the presentation ($80 an ounce) that, indeed, the Company does not anticipate any further placings before Tulu Kapi is operational with the proviso that it may keep that option open of the share price starts to reflect the NPV to a greater extent? A: That is the intention. Q. Kefi stated in the recent presentation: “up to US$30 million in the form of gold-linked preference shares of KEFI Minerals (Ethiopia) Limited expected to be issued as the Ethiopian Stock Exchange is launched (currently scheduled to be by the end of January)”. The Ethiopian Stock Exchange has launched - does this statement and timescale still apply? A: All this advancing as foreshadowed. Q. In the recent presentation Kefi stated that: “the remaining US$30 million is being finalised with certain Middle Eastern and other sectoral investors, as the Company looks to conclude the optimal financing scenario from interested parties.” If this is finalised as envisaged in the statement above will this result in a reduction of the % holding of Kefi in TKGM to say circa 70%? With the Govt. investing $20m for 10% and up to $30m for 10% being raised from gold-linked preference shares of KEFI Minerals (Ethiopia) Limited will this create a benchmark for the % that will be relinquished for “the remaining US$30 million being finalised with certain Middle Eastern and other sectoral investors"? A: Yes, now that banking has settled down adequately, we will run-to-ground several parallel streams of work to optimise the outcome for KEFI. Please note that it is proposed that the gold-linked preference shares have no rights of conversion into voting stock. Q: I read that Premier Miton is winding up its microcap fund. Also see that they were a recent KEFI investor. Does this have a serious impact on KEFI? A. No impact. If Miton did sell, its holding is less than a day's average turnover in KEFI shares. The wind-up of the small-cap fund specifically reflects the general malaise of UK small stocks - KEFI is one of the survivors where many have fallen. Q: KEFI shares turnover more than 100% per annum. You seem to deliberately attract share traders rather than long term institutional investors. A: The 100% turnover is healthy. Institutional investors will get involved as the company’s business grows and matures. We have in the meantime built a syndicate of large institutional financiers at the subsidiary level. Q. Please provide detail on executive salaries. A: We provide the following details in respect of the Executive Directors, whose remuneration is disclosed annually in statutory accounts. The Executive Chairman (EC)and Finance Director (FD) were founding directors in 2006, when KEFI was spun out of Atalaya Mining (then EMED) to separately focus on exploration in frontier markets. All their remuneration is detailed in the statutory accounts. Other personnel remuneration is subject to privacy. The EC and FD received nil remuneration from 2006 until 2013 and since then received an aggregate of £250K in cash per annum and £270K in shares pa at prevailing market prices. Approximately 75% of their aggregate remuneration was recharged to the operating joint ventures to compensate KEFI for services provided to partners. All pay rates are based on independent industry surveys. Policy, implementation and review are in accordance with the details set out in the statutory accounts. The pay rates and systems are also independently reviewed on behalf of the partners and financiers providing development capital. Posted 22 January 2025 |
Posted at 16/1/2025 08:31 by robjm66 Hawiah and the Al Godeyer VMS deposits already contain Mineral Resources equivalent to 2.5 million gold-equivalent ounces.Hawiah already ranks in the largest 10% of VMS deposits globally and the extension into Umm Al Hijlan is expected to further elevate its rank. "KEFI is continuing to progress the strategic review of its GMCO holding, which we are targeting to be resolved in tandem with the launch of Tulu Kapi. KEFI has made it clear that the priority for its capital is to now optimise shareholder value via majority-owned projects." will put up the ceos presentation again when it pops up. Pretty clear that kefi are batting their eyebrows at Ivanhoe who have looked at some of Kefis areas. Ivanhoe would be a good replacement for kefi as already on the ground and good Tech from their perspective Hawiah is big prospect today RNS just adds to that and Gold and minerals have a large exploration portfolio. I would not be surprised to find out later that they were already sniffing around before kefi decided to exit Saudi. |
Posted at 17/12/2024 07:04 by dudishes robjm66 or is it 55?I stand corrected, yes Tom discussed the numerous emails he was getting, other than that, no info wrt share price. The share price was dropping, how could he support? As usual, you can read the headlines but not the content. Maybe you can explain why TW ramped it a 6 and now lucky to get 5 or even 4? Your dosh! |
Posted at 12/12/2024 08:41 by barry evans chopper harris1 12 Dec '24 - 08:39 - 29628 of 29628 0 0 0The contempt displayed by Adams towards KEFI shareholders is really quite outrageous. That another share consolidation has been subtly (or not) thrown into the equation is really quite disgraceful and very worrying. It suggests to me that this funding farce is likely to continue indefinitely to the detriment of shareholders and the benefit of all those connected with the company who are receiving remuneration for their roles. For those who were not around when the last share consolidation took place: the share price at the time was around 0.003p and there were fewer shares in issue than now. Immediately after the 1:17 consolidation, the share price stood at just under 5p and there were (roughly) 400 million shares in issue. Now, several years later, with the TK project still not finalised and the interest in the Saudi assets severely diluted, the shares in issue are around the 7 to 8 billion mark and the share price sits around the 0.005p level. Another share consolidation should be completely ruled out until TK funding is unequivocally finalised and the project up and running. In my opinion, it’s chiefly management’s fault that we now have all these billions of shares in issue, mainly through their greed and mismanagement. They should live with this mess until they finally sort it out. Consolidation through strength, not desperation. |
Posted at 12/12/2024 08:39 by chopper harris1 The contempt displayed by Adams towards KEFI shareholders is really quite outrageous.That another share consolidation has been subtly (or not) thrown into the equation is really quite disgraceful and very worrying. It suggests to me that this funding farce is likely to continue indefinitely to the detriment of shareholders and the benefit of all those connected with the company who are receiving remuneration for their roles. For those who were not around when the last share consolidation took place: the share price at the time was around 0.003p and there were fewer shares in issue than now. Immediately after the 1:17 consolidation, the share price stood at just under 5p and there were (roughly) 400 million shares in issue. Now, several years later, with the TK project still not finalised and the interest in the Saudi assets severely diluted, the shares in issue are around the 7 to 8 billion mark and the share price sits around the 0.005p level. Another share consolidation should be completely ruled out until TK funding is unequivocally finalised and the project up and running. In my opinion, it’s chiefly management’s fault that we now have all these billions of shares in issue, mainly through their greed and mismanagement. They should live with this mess until they finally sort it out. Consolidation through strength, not desperation. |
Posted at 09/12/2024 08:44 by dudishes robjm66,The share price report title refers to the Syrian uprising not kefi. wrt kefi, he refers to the kefi Q&A reports objections to the Report written by Ashenafi Endale of "The Report". I'm not sure he has read it, as apart from the warnings by Oromia admin demands of finance "Put Up or Shut up", in both Nov 2021 and again in Jan 2022 (not sure confirmed), the remainder of the report is from kefi announcements (Security & delays etc...). So exactly what is the kefi Q & A quote referring to? An attempt to deflect whilst sweating on the fund raise perhaps? Maybe you being keen, have a chat with Takele Uma, re Oromia administration demands, he will know all about it. At 0.49P, 0.55p raise, ideal! |
Posted at 07/12/2024 16:17 by tuna hunter Sources told The Reporter the Oromia regional administration has issued a final warning to the mining company, instructing it to fulfill capital requirements and resume activities at its site in Wollega.thereporterethiopia. KEFI Gold opts to dilute shares in light of Oromia admin demands By Ashenafi Endale December 7, 2024 Company awarded Konso concession despite lack of progress in Tulu Kapi KEFI Gold and Copper has diluted its shares in a bid to raise funds to address outstanding payables. Sources told The Reporter the Oromia regional administration has issued a final warning to the mining company, instructing it to fulfill capital requirements and resume activities at its site in Wollega. KEFI has initiated the issuance of 1.9 billion additional shares on the London Stock Exchange through the dilution of seven billion existing ordinary shares, and the company’s directors are urging shareholders to vote in favor of the move during their upcoming general assembly slated to take place on January 2, 2025. KEFI has issued 1.9 billion firm placing, conditional placing, conditional subscription, conditional remuneration, and retail shares. A statement released this week indicates the company has requested admission for the shares at the London Stock Exchange. KEFI is looking to raise 10.1 million pounds in capital net proceeds from the issuance, while its market value stands at 43 million pounds, according to the latest reports. The firm looks to use 4.6 million pounds of the total cash proceeds to settle outstanding liabilities. “Participants in the Firm Placing, the Conditional Placing and the Conditional Remuneration Issue have elected to convert certain outstanding liabilities payable by the Company into new Ordinary Shares. A total of 828 million Ordinary Shares, will be issued to extinguish approximately £4.6 million of the Company’s outstanding liabilities. With the participation in the Retail Offer, the Company will raise approximately £6.0 million in cash (before expenses) as a result of the Capital Raise,” reads the statement issued this week. The funds will also be used to complete the launch of its Tulu Kapi Project in western Oromia, according to the statement. It also indicates hopes for the issuance of “a number of exploration license applications in Ethiopia.” The firm will resort to seek funding from “alternative sources” if shareholders opt not to approve the issuance of shares, according to the statement. “However, there is no guarantee that such an increased amount of additional funding could be obtained in the requisite time frame or at all. If the Resolutions are not approved at the General Meeting, and no alternative funding can be raised, the Company’s ability to operate as a going concern may be put at risk,” stated Harry Anagnostaras-Adams, KEFI’s executive chairman, in a circular addressed to shareholders on December 9, 2024. The company expects to launch major works on its Tulu Kapi Project in early 2025, depending on the “satisfaction of the outstanding conditions precedent that are typical for a transaction of this nature,” according to the document. Despite having secured a concession for a major gold mining operation in Wollega a decade ago, KEFI has been unable to execute the project due to security concerns and a lack of finances. Sources told The Reporter the Oromia regional administration has written a final warning notice to the company’s executives, instructing them to fulfill capital requirements and resume activities. The notice is a follow up to another warning issued by the Ministry of Mines back in November 2021. “The Ministry reviewed [KEFI’s] letter that outlined causes of the non-performance of Tulu Kapi Gold Mine and noted your strong assurance that you will secure the required financing by January 2022. Although the Ministry does not accept the occurrence of the said events or that they excuse performance even if they did, we have agreed to give your company one last opportunity to cure the non-performance on or before 31 January 2022 by procuring the necessary finances and performing the obligations that have become overdue,” reads the notice signed by former Minister of Mines Takele Uma. A KEFI report dated June 30, 2024, indicates the firm’s parent company incurred losses of close to 6.1 million pounds over the fiscal year, in addition to a 3.4 million pound loss the year before. “As of that date, the Group’s liabilities exceeded its current assets. As stated in this note events or conditions, along with other matters as set forth in this note, indicate that a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern,” reads the report. It also indicates KEFI owes its Saudi-based partner Abdul Rahman Saad Al-Rashid and Sons Company Limited (ARTAR) over five million pounds. KEFI Gold and Copper Plc acquired the Tulu Kapi Gold Project from Nyota Minerals Limited in 2014. The project is owned by Tulu Kapi Gold Mines Share Company Limited (TKGM). KEFI owns 95 percent of TKGM while the Ethiopian government owns the remaining five percent with the option to earn an additional USD 20 million in shares through the installation of power infrastructure and a road at the mining site. The company claims to have spent approximately USD 50 million on its Tulu Kapi endeavor so far. Before selling it to KEFI in 2014, Nyota conducted explorations at Tulu Kapi, including a 16,000 meter shaft drilled in late 2012. But KEFI says the drill missed the cut-off. KEFI is also eyeing additional concessions in Ethiopia. It has lodged requests for concessions for lithium, tantalum, and rare earth metals in Guji, Oromia, as well as in Konso, which is located in the recently-established Southern Ethiopia region. The license application for the 39 square kilometer Guji site is pending, according to the Ministry of Mines online portal. However, KEFI was granted a concession to mine on 22 square kilometers in Konso just two weeks ago. The license is set to expire in 2027. “KEFI is pleased to report that the Company’s wholly-owned Ethiopian holding company KEFI Minerals has been awarded the Konso Critical Metals Area (‘Konso Project’) exploration license by the Ethiopian Ministry of Mines,” reads the company statement released on Friday. The Konso site, located near Arba Minch, was previously explored by the state-run Ethiopian Geological Survey and Brazilian mining giant Vale prior to the company’s exit in 2012. The site holds nickel, cobalt, platinum, tantalum, and lithium deposits. KEFI’s statement likens the Konso site to the Kenticha, which has “historically produced tantalum/lithium with internationally marketable specific product characteristics and which has significant remaining resources, but whose continued development progress has been stalled due to ongoing negotiations over development and exploration rights.” A few weeks ago, Ali Hussein, the general manager of the Kenticha Mining Plc joint venture, was taken into police custody on suspicions of fraud and embezzlement related to the lucrative mining site. Anagnostaras-Adams is upbeat about the company’s prospects in Konso. “We intend to progress exploration and, in due course, to establish focused regional alliances to pursue the cherry-picked critical metals opportunities wherever warranted,” reads his statement. However, KEFI’s track record in Tulu Kapi has raised eyebrows among observers and officials. “KEFI is acquiring different licenses without progressing on its existing license. Its aim is to continue raising funds abroad by painting a picture in investors’ minds, as if the company is operating several with licenses at the same time. The company also often uses security threats as an excuse for its non-performance, while the major problem is its lack of finance,” said an official who spoke to The Reporter on condition of anonymity. |
Posted at 05/12/2024 09:55 by chopper harris1 Well, I’m an idiot, I’ll admit, as I’ve actually averaged-down again. Not through any great optimism but in the more desperate hope that something, anything, might just push the share price closer to a penny, at which point I can finally get out of this shambles with a small profit.Regards the court case: surely a company is legally bound to report any event which can materially affect it and its share price to its shareholders and the wider public? |
Posted at 04/12/2024 16:34 by taxlosstone Is the following scenario at all possible?Harry goes around touting Kefi to all & sundry, including some institutions. He tells them that Kefi's due for a significant rerate when the funding is confirmed, which is imminent. He advises them to buy Kefi in the open market. This would have the effect of supporting the share price. They say that they'd much rather buy them at a deep discount, but understand that current shareholders might not appreciate further dilution. Harry asks them how much they have to invest & they shouldn't worry about current shareholders, because he never has. Also, directors can then be remunerated with even cheaper shares than in the market, because of the discount. I can't think of another reason for raising cash on what is apparently the eve of the funding agreement being ratified (unless it isn't). 😱 Whaddya reckon? |
Posted at 04/12/2024 07:05 by bostanli RNSExploration Licence Awarded to KEFI in Ethiopia for Critical Metals KEFI Executive Chairman, Harry Anagnostaras-Adams, commented: "We report today the first of a number of opportunities we plan to pursue via our Ethiopian holding company KEFI Minerals Ethiopia Limited, KME. We intend to progress exploration and, in due course, to establish focused regional alliances to pursue the cherry-picked critical metals opportunities wherever warranted. "The regional exploration team has been busy quietly building our pipeline over the past few years under Dr Kebede Belete, who was instrumental in the discovery and progression of the high-grade Tulu Kapi Gold Project - KEFI's flagship project. "Our portfolio of assets in Ethiopia is now expected to grow and we look forward to providing further updates on this and our expected Ethiopian Stock Exchange listing of KME securities, which is designed to unlock additional subsidiary funding sources from qualified investors in Ethiopia who KEFI continues to develop relationships with. These funding strategies, as with those already being successfully applied for our flagship Tulu Kapi Gold Project, are designed to enable KEFI to maximise local alliancing whilst minimisng financial reliance on the plc level." |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
