Kefi Gold And Copper Share Discussion Threads

[andysand] 17/11/2019 21:44

Maybe. But as I understand it, Tulu Kapi is just one small area of a much, much bigger area that Kefi is entitled to explore and mine. Others have more knowledge than me about this I am sure.

[lurker5] 17/11/2019 21:16

Divmad. As it happens re SOLG, I did (if you'd known where to look) At that stage there were already indications of a giant find. You can't say that (yet if at all) for TK or SA.

[mam fach] 17/11/2019 20:29

Can i add my two penneth worth.
Admit to buying SOLG @ 3p and predicting 50p.
But, there's always a but isn't there.
Didn't sell @ 46p.
Back to Kefi i think new holders will be bailing out @ 6p.
Still believe Kefi potentially is a world class share.

[smackeraim] 17/11/2019 20:14

more cross ramps lol

[oilisgold] 17/11/2019 20:05

4p is where you will see a lot of short term traders running towards the doors. LTH that bought in 2013 and have averaged down need around 8p plus. Possible as market cap is very low and hence a new trading range will be found before news. As long as volume is thete next week, its all good. Very exciting to be in KEFI, VAST and PREM. VAST up to 1p. PREM 0.5p plus, KEFI 4 to 6p. Easy money chaps, make it before it gets harder.

[oilisgold] 17/11/2019 20:00

At 46p buddy, many of us will be millionaires and would no longer need to trade. Assuming 20k at 2p. Thats 460k at 46p. Life changing sum mate. 20k at 1p, almost a million pounds. Thats what happened at SOLG. You need balls of steel not to bank when you see 100k profit. Its very rare to make a million in AIM by a small investor.

[fingersandtoes1] 17/11/2019 19:51

Does anyone know where the 2 analysts 12 month targets in the FT of between 5.6p and 15p comes from (would be nice initial targets). If you google kefi share forecast.

Regarding Tulu Kapi lasting only 7 years - it has been stated by Kefi/Harry many times that this only accounts for the minerals tested so far and not for anything lower down. Also, around 50km away from Tulu is an estimated 'Potential for 10-20Mt at 1.5% Cu; (15Mt at 1.5% Cu at $5000/t Cu = $1.1Bn insitu metal) ' - this was at 2016 values and Cu is much higher now. Also, our current Saudi CU assay showed 1.2%CU - appreciated we don't know quantites yet but if very big ( due to VMS and other 23 VMSs to go) could be very signifigant. Barrick’s Jabal Sayid Mine (which was discovered as a VMS), 99M t 1.2% Cu; 118,000t Cu. In 2014 Ma’aden paid $210M for 50% of it.

Also, been watching the latest SOLG video - they seem to be acting like a very good cor company in educating miners and being a responsible company, which will keep them in favour with the goverment. Looks like Kefi is taking the same responsible attitue/direction, which should be good for future licences. May take a bit of time but looking very good for the long term.

[andysand] 17/11/2019 19:30

Incidentally, if we want to match current solg market cap, we would need about 46p per share. Now there's a target....

[goatherd] 17/11/2019 19:04

Any price predictions are very unreliable.

If they do not say the timescale they are totally useless.

W have both traders and long term investors here - so price predictions range from 2p to 50p! Both could be right.

[andysand] 17/11/2019 18:57

I predict high volatility. I notice there is a lot of chatter on twitter so plenty of spikes and falls. Overall trend will be up though for the next few months in my opinion.my own target is for around 8p next summer.

[sweetwaters] 17/11/2019 18:44

1) Clear communications of the extent of EXISTING non-drill research (Geophysics, trenching). There's a lot the company are aware but which shareholders are not.

2) Set expectations re level of Plc dilution for research with the drill bit or even better confirm no dilution. Leverage TKGM for TK and Artar for Saudi.

3) Success with the drill bit over the next 12 months to re-risk the research and add resource.

[....] <--- enter share price predictions here if you feel inclined or wait and let it unfold.

[andysand] 17/11/2019 18:36

There is one more variable. The price of gold. It has really gone anywhere for some years. It could go to 2000 dollars given the right conditions.So, there are many unknowns here. Apart from one. Chances of hitting 4-6p are extremely high.

[divmad] 17/11/2019 18:21

So it's all about success with the drill bit, both in Tulu Kapi and SA. Nobody said anything different, is my understanding . But just to be clear, that is EXACTLY how Solg started its ascent in 2016. I wonder if Lurker with his sharp pencil could have argued for a 45p share price 15 months later?

[smackeraim] 17/11/2019 18:16

Agree. That's just for open pit.

[1deedee] 17/11/2019 18:09

Lurker5 that's a good look on short-term but what about the 200km exploration around tula and then we have Saudi Arabia not ramping just looking at what we have and we have a lot to look forward to

[lurker5] 17/11/2019 17:57

Rampers on here seem not to understand its not the share price that counts. Its the market cap. Solg way back had a tiny no of shares in issue, so historical share price is meaningless. Tulu Kapi has only a 7 year life, where production tails off half-way through. Edison's valuation is based on total earnings on that short period. Beyond that, exploration spending will cost $ millions before SA delivers anything (if anything)

[block4gooner] 17/11/2019 17:54

OkI'll take 24 quid a share then:)

[divmad] 17/11/2019 17:40

Just a reminder for everyone who is interested in historical FACTS.

In December 2015, the last updated RNS from Solg detailing Total Voting Rights, stated that there were 823mn share o/s. Hence a MC of £13mn at the start of 2016, immediately prior to the exploration drilling results-inspired share price liftoff.

What an uncannily similar stock profile to Kefi today!

Note, no reserves, no production, no delineated resources -at that time.

If the drillbit discovers, delineates and is corroborated independently, and is financed along the way to prove up a 1mn+ resource in Gold and Hundreds of thousands of tons of 1%+ Cu ore, then what value Kefi then?

Never say never, I argue. Everything is to play for, at the foothills of this dual-country evolving story.

[1deedee] 17/11/2019 17:32

Solgold mid 2016 went from 1 50 roughly 24.0 when gold price was $1,350 an ounce gold is much higher at the moment and future expectations look good on and very bullish this could go anywhere guys

[robizm] 17/11/2019 17:29

There are nearly a billion shares in issue so for £500 million market cap Saudi would have to produce something extraordinary. Solg gold has multiple holes of copper and gold over a kilometre and has already got a resource of many millions of ounces of gold and tons of copper and it is currently worth £344 million

[oilisgold] 17/11/2019 17:29

Tidy, 1p on SOLG . A chap called BROKENOVICE.COM was screaming for many to buy there at 1p. In AIM long term is no go for me. Kefi i bought in 2013 and left them as a write off. 7 years is a long time.

[1deedee] 17/11/2019 17:28

Divmad you got in there just before I was going to post my thoughts exactly no one really knows and these so-called experts when are they ever right lol I think this can go two 9 pence easy first day of funding maybe retrace back to 5 or 4 and then upwards

[tidy 2] 17/11/2019 17:13

My hold with Solg was from 8p to 12.5p on day 1And 15p to 76p on day 2Nobody seen that coming and how many held to the top? No many...I almost sold at 85p which still wasnt the top btw. I sold on its way down.

[tidy 2] 17/11/2019 17:09

Recap hTTps://youtu.be/vrxMVrDOrYwShort term 6p+Med to long term 50p possible providing production lives up to expectations Trade v investment

[divmad] 17/11/2019 17:09

In Tidy's defence, anyone suggesting that solg could reach 40p, when it was sub-2p,during a 15-month period in 2016-17, would have been equally ridiculed, but would have made a fortune. A one-off, or a repeatable event?