Kefi Gold And Copper Share Discussion Threads

[shafaq] 11/11/2019 12:27

Seems ceo flying to Ethiopia over the weekend is bringing buyers and anticipation of finance signed off very soon.Could easily do 100% on that alone and we have Hawaih results soon too.

[smackeraim] 11/11/2019 12:00

The time is nigh.. remember..

Ethiopia is in the Government's recent words.. "Open for Business"..

And...

Kefi..

"at US$250 million be the largest single export revenue generator in the country. "

[stockriser] 11/11/2019 11:52

I would say KEFI will make a few millionaires over the next few months ;-)

GLA SR

[scrappycat] 11/11/2019 11:42

goatherd,

There are over 2000 millionairs in Ethiopia, and I would be very surprised if at least some of them have not indulged. With money, where there is a will, there is a way.

[mam fach] 11/11/2019 11:42

Good start for Monday.
Holding last weeks gains but share price not going bonkers.
Steady as she goes. Not in any hurry.

[goatherd] 11/11/2019 11:28

No - Ethiopians do not have access to foreign funds.

If they did they would be buying KEFI shares in the market.

[3690john] 11/11/2019 11:24

Could it be that ANS are the funders collecting shares before they hand over there money?\

[shafaq] 11/11/2019 11:17

Added quite a bit as next news anticipation gets bought.Hawaih results could be massive on top of finance news anyday and start of development and rerating.

[smackeraim] 11/11/2019 10:56

Churn breaking.. this could end up being spectacular when it does imo

[billthebank] 11/11/2019 10:54

Thanks topicel I was unaware of that.Need to research better.Thats the trouble when you invested a long time ago and the share price is lacklustre if that is not too unkind. Tend to stop watching whats going on!! Having said that it does appear we are breaking out as I post!!!

[theapplefreak] 11/11/2019 10:49

Slowly creeping up. Slowly slowly catch a fortune.

[pre] 11/11/2019 10:47

...getting very close now to funding coming in....well done to kefi management for persevering:-)

[topicel] 11/11/2019 10:41

Billthebank - we have a large investor funding arrangement that leads to shares being issued every 7-10 days for working capital for the time being. It is expected to conclude within £350k more or so of draw down or ANS monies being received, whichever is sooner.

There could be more such arrangements going forward for Kefi's main target in Saudi but not until we have triggered TK in Ethiopia within the next week or three.

That could be the reason for the resistance today. The company considers it a good value arrangement for minimum dilution.

Topicel

[smackeraim] 11/11/2019 10:39

Still churning away.. it will clear at some point and fly imo

[shirley83] 11/11/2019 10:36

1.2p to sell. Up we go

[shirley83] 11/11/2019 10:28

Seller cleared?

[billthebank] 11/11/2019 10:04

I can understand some selling on a double but no idea why 1 2p should be a resistance.no idea at all

[stoneme] 11/11/2019 09:52

I still believe this has short term potential to hit between 3 - 4p on the news we are waiting for.Before that news, 1.2p seems to be a psychological resistance. Every time the BID gets there we see more sellers. Hopefully we can hold a small gain today, and make 1.2p the new support.

[hraj] 11/11/2019 09:50

Better start..not tailed off straight away.. this will explode soon

[the charmer] 11/11/2019 09:43

Not the volume anticipated here. However, getting closer to ANS money.

[shirley83] 11/11/2019 09:35

Looking like it's about to move again. Seller nearly cleared

[robjm66] 11/11/2019 09:25

EIMC’S main theme is“Transforming potential into production by creating an attractive mining investment framework”. The event is organised by the Ministry of Mines and Petroleum in Ethiopian association with AME Trade Ltd, United Kingdom.

[robjm66] 11/11/2019 09:23

hxxps://ametrade.org/miningethiopia/ Interesting timing news before conference that is not far off. Declare triggering of TK and incentives then publicise them at conference?