Kefi Gold And Copper Share Discussion Threads

[mam fach] 14/11/2019 10:54

Think we have to clear few more sellers out before we can break 2p.
Not all holders convinced this is a winner. I'm a believer. GLA

[oilisgold] 14/11/2019 10:46

Hence those on the sidelines always get CAUGHT PANTS DOWN. Always stick with winners.

[mam fach] 14/11/2019 10:32

That was nice jump. Last chance to buy under 2p?
Bet you won't be able to buy any soon.

[tidy 2] 14/11/2019 10:29

2p paid for 683k

[pauliewonder] 14/11/2019 10:29

This will stabalise at high 2s in my view until next news. Wouldnt be surprised to see a 50% plus day now that weak holders have been flushed out.

[smackeraim] 14/11/2019 10:29

Starbuck posted this on LSE last week. Seriously you must consider this in light of Thursday’s news.

—-

The grades here are world class .
If we compare solg which had a m cap of over 500 m still in exploration their grades (AVG) was 1.3 g/t .

Kefi grades are (AVG) of 2.3 g/t .

That's around 13 tons of ore per Troy Oz compared to 30 tons at solg.

Process costs of 200 dollars per oz.

With gold at 1389 a Oz that's some profit.

105 m oz at market value of 1.56b.

All the permits and finance imminent. Production in 2021.

This is a screaming buy at 9 cap .

[tidy 2] 14/11/2019 10:26

The recent interview is fantastic it should be 6times the value right now minimum #KEFI this is another multibagger in the making. Done it at #EUA now #TRX and next #KEFI

[pilkersa] 14/11/2019 10:23

4.5p is the next major resistance which it will hit on funding.....

[tidy 2] 14/11/2019 10:21

Mine expected to add to 10% of Ethiopian GDP.

[tidy 2] 14/11/2019 10:21

6p should be here soon enough boys.

[edgein] 14/11/2019 10:20

Divmad,

they're developing a mine of national scale to Ethiopia, its good grade and shallow for the first almost 1m Oz. They then believe there is another 1 moz resource upside by going underground at grades of 4-5g/tn. Better than AAZ! And that is to be funded as a result of the impending financial close. There will be constant news flow no just from mine construction but ongoing drilling and assays at that time. At £12m there is very little priced in. There are other miners on AIM with much less, years away from any material production or even funding and valued many times higher than these.

Also recent news of first indications of a potential material VMS previously identified. First assays have encountered poly metal sulphide ores. If you split these in two £6m for SA assets and £6m for 45% of TK its remarkably cheap in my book. Ridiculously over sold. Market cap should be at least x3 higher to reflect the situation in Ethiopia let alone the SA results imo. These are well up my accumulate list now.

Regards,
Ed.

[7rademark] 14/11/2019 10:20

NT to buy with my broker.

[goatherd] 14/11/2019 10:20

HaHa!

Scars14 Nov '19 - 10:13 - 63316 of 63317
0 1 2
I see it is sinking like a stone again!

and market gsin at 10:18 (5 minutes later) 14.7%



Great forecaster is Scars

[smackeraim] 14/11/2019 10:17

Very strong. Market cap needs to double for starters here imo

[tidy 2] 14/11/2019 10:15

L2 very strong today.

[scars] 14/11/2019 10:13

I see it is sinking like a stone again!

[goatherd] 14/11/2019 09:56

Andysand,

Well that is if you look only at TK. But there will be a similar development at Hawiah, and doubtless other Saudi mines in due course; all of which will complicate the issue - to our benefit, I hope - and believe.

[7rademark] 14/11/2019 09:55

They don't make gold anymore, so hopefully up

[andysand] 14/11/2019 09:54

That's the theory anyway. But of course as this is AIM, it will probably go up/down by 20% or more as traders keep messing with the share price :)

[andysand] 14/11/2019 09:53

But more than that, it is a question of discounted cash flow.Every month that gets nearer to the mine opening will see a rise in the share price. So as the progress reports come in, the share price will respond accordingly. So it should be a long climb upwards until a final valuation is reached on the day the mine is opened. After that, it will go up or down according to the price of gold.

[robjm66] 14/11/2019 09:48

Divmad going to have a steady stream of drilling results from Saudi from what harry said could be Kefi's second company maker. Also going to have news on new mining laws in Saudi Arabia. Then will have exploration on prospects near to TK and some news on new incentives for mining companies in that country.

[tidy 2] 14/11/2019 09:48

Invest for what is unlocked for tomorrow and given full go-ahead funded. Shackles released.

[andysand] 14/11/2019 09:36

Like scotty1 says....:)

[tidy 2] 14/11/2019 09:36

9 mins prezzo hTTps://www.kefi-minerals.com/news/videos/2019/11/presentation-121-mining-investment-new-york