Kefi Gold And Copper Share Discussion Threads

[billthebank] 11/11/2019 08:20

Unfortunately KEFI has failed to deliver over the years sentiment is not strong with this share.It really will take more strong news to move this but when that news happens then people will be scrabbling for shares. Poss the same issue bere as with prem.Difference between the two is small

[smackeraim] 11/11/2019 08:15

Sentiment is positive here now. Upside potential outweighs downside risk by far imo

[scars] 11/11/2019 08:11

Let's se if they can walk it down today, thinking not!

[the charmer] 11/11/2019 08:02

Here we go again!

[pjackson2] 11/11/2019 00:05

Well that could depend on an early RNS.

[mam fach] 10/11/2019 23:02

Two of us agree anyway.

[andysand] 10/11/2019 22:52

Nope. Tomorrow? No idea :)

[mam fach] 10/11/2019 22:40

Any guesses where share price goes tomorrow. Personally got no idea. Talk of 5p,10p,20p seem overly optimistic in short term.

[letmepass] 10/11/2019 21:36

ðŸ"¹Government backed ðŸ"¹Gold prices rising ðŸ"¹market cap only 8 millionðŸ"¹Funding sortedðŸ"¹profits per year of 47million expected ðŸ"¹Recent equity raise at 2pðŸ"¹Massive rerate coming

[letmepass] 10/11/2019 21:25

Once funded then a rerate. Buy beforehand to get in early

[cjm681] 10/11/2019 19:25

@richsmithsmith - thanks for the update. It is all very well talking of nonsense on this BB, but with the lack of any decent transparency from Kefi management can you blame them? Why are we relying on you to give us all the pertinent details when Kefi management could have done this all along? With delay after delay and no proper explanations from management, it's hardly surprising the BB is so full of disgruntled shareholders. Communication had been terrible. The share price is still 99% down so let's hope it recovers.

[robjm66] 10/11/2019 19:10

Well the pound would get a pounding of course but would expect the price of gold to go up which is usually measured in dollars, Andy and Goatherd.

As for price going to get results from KSA well within that timeframe and at the moment they are valued at nothing.

With Ethiopia sentiment with a mining stock is more often at one extreme or the other and we should have a good news flow which always helps.

Volatile small cap mining stocks do not really do conservative it’s a case of do they blow up on the launchpad or rocket off into the sky.

[andysand] 10/11/2019 19:04

Well, we will know soon enough won't we :)

[scrappycat] 10/11/2019 18:19

Once Kefi start actually receiving funding money, the price will escalate markedly. The info issued recently indicates all the ducks are lined up apart from a duckling in Kefi's hands. Cant imagine they will sit on it for long. 2p is, imho, far too pessimistic. There is a lot of gold for the Ethiopians and Kefi to get their hands on.

[goatherd] 10/11/2019 18:00

Andy,

I am not being pessimistic - I agree the upside is massive.

But I do not believe it is prudent to be overoptimistic in the short term - like six months. And the questioner was asking for a "conservative" estimate.

[andysand] 10/11/2019 17:49

They don't give a target. Only states that "the upside is massive". And says "strong buy".Andy

[divmad] 10/11/2019 17:43

I see Share prophets is positive on Kefi. Can't see what their share price target is though, as I'm not a subscriber.

[divmad] 10/11/2019 17:15

Or a minority government, of any persuasion.

[andysand] 10/11/2019 17:00

I think you have been way too optimistic in the past. But now I think you are being pessimistic. Quite natural though considering the pounding we all took.

[andysand] 10/11/2019 16:54

I'm sure he means pounds. There's little doubt the pound would collapse in the event of a labour government.

[robjm66] 10/11/2019 16:39

Any chance of a corbynite labour getting in and gold price would climb as would be seen as disastrous worse than brexit uncertainty. Think a 2p price is way too conservative on the go ahead for TK and good results from KSA both which I expect.

Might be counterintuitive but new holders here might make a better guesstimate having been in other shares that have taken of while LTHs are still absorbing the fact that kefi has turned a corner.

[goatherd] 10/11/2019 16:23

I think it is always very difficult to judge when the market will, or will not, do anything.

For instance for the next 5 weeks the market will be concentrating on the election, and precautions to take in case of a Labour government. (There will be a substantial number of people who want to get money out of the country - and they would certainly be able to do it am on Friday 13th December, and probably pm too; but come Monday 16th there could be controls in place).

And then there is sentiment - our fickle boss. Sentiment will be dreadful if opinion polls forecast Labour - but pretty dreadful if a hung parliament is forecast.

So I would be very loathe to put any figure on Kefi shares until the new year - and perhaps not for some time afterwards.

One thing is sure though, and that is our shares should tend to be related to the $ rather than the £. That is, once the market has had enough time to think about it.

So, IMHO a CONSERVATIVE estimate of the price in six months is certainly not more than 2p. I think - and hope - it will be higher.

[andysand] 10/11/2019 16:01

Well, we are not fortune tellers:)However, assuming all goes to plan as stated in recent RNS' S, it should 5 bag really quickly.I know you said conservative, but this is conservative.The point is that this is currently valued on the basis of the market not believing that the mine will be built. We now believe that it will and that the evidence will arrive within a matter of days/weeks. That will cause an immediate re-rate.

[thebradski007] 10/11/2019 14:48

What's a conservative upside to this for 6 months time please?