Share Name Share Symbol Market Type Share ISIN Share Description
Kefi Minerals LSE:KEFI London Ordinary Share GB00BD8GP619 ORD 1.7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.40p +14.81% 3.10p 3.00p 3.20p 3.15p 2.90p 2.90p 1,143,587 11:33:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.2 -0.0 - 10.31

Kefi Minerals Share Discussion Threads

Showing 65001 to 65025 of 65025 messages
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DateSubjectAuthorDiscuss
16/1/2018
11:48
Lol Richsmithsmith - if you say so. I, like many others here, are too busy holding our breath like a whale at these depths to get too excited just yet... But I might exhale if we get back into the 4s as pronto as we fell from there. And still no indication who grabbed the Lanstead shares? Someone manueovering to make an approach for the whole shooting match perhaps on the QT? Topicel
topicel
16/1/2018
11:44
4p today would convince me there is insider info. Hoping...
andysand
16/1/2018
11:36
Interesting flood of buys and couple of chunky orders on the buy side sitting there.
aim0raider
16/1/2018
11:36
It's on its way Andy
richsmithsmith
16/1/2018
11:32
If this gets up to 3p to sell, then I think we have seen the bottom for good. It should also leap back up to 5p pretty quickly. I am sure we will all breathe a sigh of relief if I am right.
andysand
15/1/2018
17:02
And long may it continue. It certainly can’t do any harm in helping to get the last of the funding sorted out. Hopefully we will hear something positive soon.
gibrewog
15/1/2018
13:51
POG marches on
digger2779
14/1/2018
16:49
Without understanding how the financing of the $20m residual funding will be done, it's a blind guess and in my view the share price will be discounted by the HA factor. HA should recognise his own statements and commitments are discounted, some of this is as a result of matters beyond his control and yet a lot of it is down to his own communication style and some critical moments of poor judgement. Notwithstanding the setbacks and communication faux pas' the company is where it is and HA is left it seems on his own to provide the market Communications & Commitments. uummmm to maximise shareholders returns Kefi needs an independent director to standby HA's commitments or (a suggestion) they put in place a TK CEO, a well regarded CEO who has brought a development project to pouring gold and clearly articulate the subcontract terms in the market update. ...and I still want to see an update from H, I think that will capture the imagination and drive a bid for the share price and also reduce dilution to get TK 'off the ground'.
sweetwaters
14/1/2018
16:26
Guys. A bit more info... hxxps://www.thereporterethiopia.com/article/mining-expo-be-held-addis-ababa Gla!
the charmer
13/1/2018
18:46
Whilst I cannot second-guess what value the market will ascribe to Kefi following announcement of successful placing of the bonds, my spreadsheet suggests a fair value for the pit at commencement of production of 20p/share based on $1300 price of gold and assuming that Kefi has to raise the whole of the residual capital through a share issue priced at 7.5p. However, the capacity of the plant has been upgraded so that it could process the oxide ore that could be mined from Guji-Komto. As it is assumed that nothing will be raised from a JV partner, Kefi's interest in that, after the 5% government carried interest, would be 95% and the additional production suggested in the presentations would bump up the fair value to possibly 35p. With those figures in prospect, a price rise after successful placing of the funding bonds to in excess of the placing price that I have assumed should be in prospect. It's a bit difficult to see why the market would value Kefi at less than 15p/share assuming that the outlook for the price of gold remains bullish and above $1300. If the price rise would support an issue price of 10p, the target figures for fair value are a bit higher. But that should be worst-case scenario where Kefi has to throw more shares at the market to fund the residual balance.
estseon
13/1/2018
16:49
Helpful thoughts, thank you. I have been a holder (and buyer) since 2011. It has been quite a journey. Given its twists and turns, I think I will quietly refrain from any commitments to consume millinery.
aircomm
13/1/2018
16:05
aircomm impossible to say re level of uplift until funding of the $20m is disclosed,and whether it involves dilution at parent level (which the BOD are apparently trying to avoid for obvious reasons). yout figures of 6 and 8p above equate to mkt cap of approx £20m and £27m if no dilution at all. current surge in pound/dollar puts the above at $27m and 37m respectively. i guess all you can do is compare to current NPV projections for open pit (jorced),open pit plus u/g (not fully jorced) and pit plus u/g plus satellites (partly jorced). open pit NPV is approx $116m (before debt) at start of construction (Nov 17 presentation) and $295m (before debt) at start of production - open pit only and POG at $1250/oz the figures for pit plus u/g plus satellites are not declared but a doubling only of the total eventual jorced gold from the 1m oz in the open pit should be expected. obviously the NPVs at $1400 POG (possible in 2018) would be considerably higher. nothing included for KSA. how much the market 'discounts' the value of KEFI from these NPVs,after funding,is anyones guess,but the stalwarts are here mainly because of this massive discrepancy between current value and potential NPV. your share price figures above would not surprise me,but frankly,neither would double or more of those figures sometime in 2018 HB
hairyback2
13/1/2018
15:58
I look forward to finding out which scenario plays out. Most of us here are long term so would hold until production anyway.
andysand
13/1/2018
15:56
Would Lanstead not sell in to the rise, suppressing share price until at least Autumn '18? The other angle is whether most LTHs subscribe to the 6 to 8p view or the 10p++ view. If the latter - and we get the former - there may be heavy dumping by the disillusioned ...
aircomm
13/1/2018
15:29
And by the way, if financing were to be completed say next week, then you will see 10p+ within days in my opinion. It's a big prediction I know, but I will eat my sock if I am wrong.
andysand
13/1/2018
15:24
Disagree. The only thing keeping this below 10p is the worry over financing. If this gets solved, you will likely see a massive re-rate. And I think 10p would be only the beginning.
andysand
13/1/2018
14:59
On the subject of cheering up, any views on the anticipated level of uplift if/when good news comes? My (purely speculative) markers would be 6p (March 18), 8p (June 18) and then some lumps and bumps for 18 months before settling at or around 11p (December 19). I don't see how we get to anywhere near x10 current share price until we see eye-watering results from Saudi and POG sticking above $1400 - which has to be at least 5 years away. If the news is further significant delay, then I think we will test 2p. Would be interested in whether the consensus view sees this as optimistic/pessimistic. I find the target prices from analysts to warrant a little caution.
aircomm
12/1/2018
23:00
It would indeed. We all need a bit of cheering up.
andysand
12/1/2018
22:46
Whatever about the medium-term benefits for Kefi it would be helpful if the rising goldprice helped focus the investors' minds in the short term.
unionhall
12/1/2018
21:12
If HAA does finally deliver the funding just when the gold market is beginning to fizz, both having meandered for years, it would be the equivalent of two supertankers contriving to collide in mid-Atlantic. And if he does, don't play poker with that man. goatherd, I have read projections that suggest that the price of gold could top £1400 and even approach $1500 before settling back at something in the range $1350 to $1450.
estseon
12/1/2018
19:43
A couple of videos, with traders, on Kitco, show how bullish they seem to be This Is What Would Drive Gold To $1,450 - DeCariey Trading Jan 11,2018 "My Gold tarqet is hiqher Than $1,700," - Vince Lanci Jan 10, 2018 And I have today read - but I forget where - someone saying "gold is the next bitcoin", can't be bad!
goatherd
12/1/2018
19:33
Gold is on a tear. This DOES increase the value of this company due to its assets. The price will reflect the value shortly. I hope.
andysand
12/1/2018
17:47
500k late trade reported
richsmithsmith
12/1/2018
16:16
The Luxembourg stock exchange had 11,000 new listings of bonds last year aggregating to Euro 1.11 trillion so it's quite a big market.
estseon
12/1/2018
15:51
In my opinion, we should start to see the bond holders (assuming all goes well) start to buy the equity. They will know that a successful bond issue will mean a massive re- rating for the equity. And they will be well aware that a 10 bagger on the share is an a far superior return than any bond yield.
andysand
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