Kefi Gold And Copper Share Discussion Threads

[topicel] 07/11/2019 11:20

susiebe - 100% is most likely, probably more IMHO if the guy funding us decides he will ride the wave too and not drip feed his sells into the market any longer and lets his holding go above 3% (if it hasn't already) and declares.

It would be sensible to hold shares gained in the last equity issue now the momentum has seriously changed, but then we don't know his MO. But personally, if I'd taken 28m at about 0.055p I'd hold them for at least the funding news now which, unless this is the biggest wind-up in even AIM's chequered history, is likely to be announced more shortly than 'shortly'...

Why help to suppress the price when he allegedly holds around 2.8% or whatever of the company at much higher purchase prices? Ultimately he will want those in profit too asap.

I do see things simplistically though, so heaven knows!

Topicel

[jammydodger1] 07/11/2019 11:20

Short squeeze is on

[shirley83] 07/11/2019 11:18

Looks like mms struggling

[shirley83] 07/11/2019 11:13

In auction..

[billthebank] 07/11/2019 11:11

Next resistance point now is 1.46!!!

[stoneme] 07/11/2019 11:09

Remarkable volume today. Unless I am mistaken, that's 12% of share issue having changed hands and it is 11am !! Think this is going to rerate pretty soon.

[susiebe] 07/11/2019 11:05

100% rise today on the cards?Fully deserved for long term holders.

[billthebank] 07/11/2019 11:03

Hope you guys are right.Would be nice to get to break even Only need 1.7 so will hanging in there for now unless I just sell up and put more into EUA!!!!! The potential there is mind blowing!! Patience patience.Sitting on hands at pres

Just looked at so and now only another 50% Rise needed.!!!

[stoneme] 07/11/2019 11:02

Ignore him. Best way with his type. He seeks attention.

[edgein] 07/11/2019 10:59

Easwar,

True but its close though. EUA have a tier 1 asset in one of the hottest commodities right now. But TK's reserves are not far behind those of MT in terms of scale. Also likely to be millions of oz expo uside in surrounding licences earmarked for kefi. I'm planning to hold both these companies over the next number of years (if EUA is still around by then). But KEFI has been oversold for donkey's, all about to change? Looks like the last hurdle between development has just been jumped.

Regards,
Ed.

[edgein] 07/11/2019 10:54

Bill its just another one that's over sold, it should never been as low as it is. Ethiopian government basically bought in for 20% for $20m on Par KEFI's 45% worth about $45m and much more when the mine is in full production. As TK is set to be Ethiopia's biggest exporter its of national significance to them. Shocker to think this got as low as £6m cap. Ridiculous. Hopefully this is the start now though, cash to be paid in by those investors and they can complete the resettlement and get the spades on the ground.

Regards,
Ed.

[pre] 07/11/2019 10:54

This is just starting the journey north...

[stoneme] 07/11/2019 10:52

Nice Chucky late reported buys. Although we have sellers at 1.1p

[billthebank] 07/11/2019 10:45

Lost 2 grand some time ago in paper profit when I was spiked.Not as bad as some who bought in at 4 and even 6 or poss 8p?
Anyway took a flyer on today's news on the hope that at long last this is now the real deal.Seems to be a slow burner.If this could get back to 2p then will be well up for a change. Anyway first stop 1.3p eh? Good news is not on the ramp teams radar so any rise should be real and sustainable!!!

[robjm66] 07/11/2019 10:43

Good post Topical been really hard going for LTH. Still playing catch up on the recent breakthrough thought the news would drop next week so I am a bit caught out.

[jammydodger1] 07/11/2019 10:43

MMS all over the place

[jammydodger1] 07/11/2019 10:33

I'm sure mms will try hard to entice people to sell.Will need a little while as mms caught off guard. Or a large short is trying to close

[edgein] 07/11/2019 10:29

This one should be valued at the market favorites combined, its got something that VAST, PREM and IRON etc all lack, funding for development.

Regards,
Ed.

[edgein] 07/11/2019 10:26

Jammy,

Spot on EUA is a gem for sure. I bought these back when they had 100% of TK, but 45% of a lot of money is still a lot of money! It has similarities to MT, great exploration upside around the TK area. Great to pretty much see the green light here for development its been another long wait. Time for the Ethiopians to show us the money.

Regards,
Ed.

[jammydodger1] 07/11/2019 10:25

Think this has been missed by many today Glad I saw it when I did

[jammydodger1] 07/11/2019 10:23

About to pop again

[jammydodger1] 07/11/2019 10:20

This isn't a share with billions in issue either relatively small amount of shares.