Kefi Gold And Copper Share Discussion Threads

[scotty1] 14/11/2019 09:35

Divmad with all due respect u obviously don't know how the market works.

[smackeraim] 14/11/2019 09:33

Fully funded to a producer. Obviously growth and progress reports will flow. The market cap is not going stay sub 15m lol

[divmad] 14/11/2019 09:31

After the ANS payment to kick start construction, then what, for share price driving news flow? It's going to be a long time before first gold is poured.

[joeblogg2] 14/11/2019 09:00

Yes , Ethiopia gov need revenue earner and this Kefi have done the hard work to make this happen!!

[smackeraim] 14/11/2019 08:58

Look at the market cap and.. 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."

Plant your seeds...

[andysand] 14/11/2019 08:55

The communication is actually very good. That was never the problem. The problem was the delays in Ethiopia causing constant cash problems.But I do sense a very different tone from Harry now. I can see that he is in no doubt that things will look entirely different than they have been for the last few years. Even by Christmas, we should be seeing really major changes. Some of those should be apparent from next week (or maybe the week after). I think this is now a winner. New investors are lucky as they benefitting from the very poor sentiment which sent the price so low. There's so much scope for a multi bagger here.

[the charmer] 14/11/2019 08:54

Hope it stays that way ;-))

[7rademark] 14/11/2019 08:53

Looking good now.

[smackeraim] 14/11/2019 08:48

This is still crazy undervalued for when that funding arrives.

[the charmer] 14/11/2019 08:38

We are due two RNS's if the code 1 were correct yesterday.

Let us see.

[7rademark] 14/11/2019 08:34

Agree but with tighter regulation should come greater stability, and certainly more confidence from holders.

[scotty1] 14/11/2019 08:34

somebody just paid 1.71 for 500k,bodes well for a move up.

[andysand] 14/11/2019 08:30

It's not really the fault of AIM. It's the way people trade there. Everyone wants to get rich quick so they are buying and selling like lunatics and making it stupidly volatile. Hardly anyone thinks beyond the next day....or even the next hour. It's a casino really.

[7rademark] 14/11/2019 08:26

Algw is on the main market, tighter regulation, but the stock acts like a poor Aim stock and is treated as such by the mms.

[andysand] 14/11/2019 08:23

AIM is a test of endurance. It always was. At some point, I know they are wanting to transfer to the main market. Can't come soon enough. But I doubt that will happen till after the summer.

[sweetwaters] 14/11/2019 08:20

Cybajak, it is indeed a bitter bitter pill.

Actually I don't think it is the facts that are the issue, SoE x2, security breach onsite, Onyx / no Onyx...it has been the manner that is the issue. RNS timings, language used, nervous nellies. It was the breakdown in confidence in communications that escacerbated the dilution. For fans the end justifies the means. For others, it's a pill to swallow at this time and remain wary. A rerating will only come from facts, this can however be enhanced through a rebuilt absolute confidence in company comms.

[7rademark] 14/11/2019 08:16

Shake coming

[andysand] 14/11/2019 08:04

We don't moan any more. What's done is done. Things look good now so it's time to stop whingeing.The future is bright!

[cjm681] 14/11/2019 07:59

@cybaajak - I wholly agree. It's all very well and good people saying that he "kept the lights on, blah blah" and that we're lucky the company didn't go bust (well, not yet, anyway)....but on a salary of nearly £400,000 I would expect nothing less. I agree that it must be hard to do business in Ethiopia (slower pace of life, corruption etc etc) but, still, PI's have most definitely suffered.

[7rademark] 14/11/2019 07:59

Strong intraday recovery yesterday, still some 40% off its highs earlier this week

[jaylett] 14/11/2019 07:56

cybaajak - we all know all this already, why do you keep telling us the same thing? Particularly when you claim to hold shares? Everyone has suffered with delays and dilution but we're now on the cusp of a real recovery, yet you still seem to be determined to promote and maintain negative sentiment. Why? What are you hoping to achieve?

I've always been happy to listen to a bear case, but it now just feels like bitterness and sabotage. Filtered.

[sweetwaters] 14/11/2019 07:47

Awaiting:
- TK ANS cash deposited
- TK Confirmation bond funding signed-up and committed.
- Hawaih drill core #2 assay.

Then how long to wait for assay results from a drill down the throat of Hawaih?

[cybaajak] 14/11/2019 07:46

Talking about trends, upswings and downswings, rises and falls..

Just want to remind every single reader that since the 5th August THIS YEAR, Adams has diluted Everyone's "relative" holding by 46%.

August 5th Pre-Dilution start 689,267,504 shares in issue.
From Next Tuesday Final print ON THIS DEAL 999,873,172 shares in issue.

So, March 2017, a consolidation from 3.3 billion shares to 244 million, immediately followed by a full third of that base figure issued to Lanstead to finance 18 months.

It takes 2 years and 5 months to fully double the share issue from the consolidation to 689 million.

Here we are 2 years and 8 months later 123k shares short of 1 billion in issue. 310 million shares added inside of 3 and half months, and all without 1 troy ounce of gold, silver or copper produced. That is some achievement.

Still surprises me that Adams has the fan base he does.