Kefi Gold And Copper Share Discussion Threads

[divmad] 20/11/2019 05:44

How does solg fit into your model, lurker5?

[smackeraim] 19/11/2019 23:05

What history would that be?

[lurker5] 19/11/2019 21:36

History tells that the interval between financial close/construction start, and first pour, sees drift in the shares. Understandably. punters want action somewhere else instead of twiddling their thumbs. Belay that if SA exploration comes up with something really exciting meanwhile. But unless drilling is stepped up (raising the cost will involves yet more share dilution before anything comes from TK) that's not very likely yet.

[smackeraim] 19/11/2019 16:21

Exactly. Patience wins the day. Always

[andysand] 19/11/2019 15:49

It's all just noise. It's the noise of people losing money because they can't see beyond the next hour. Great things coming to those who can dig in and hold on.

[scars] 19/11/2019 15:39

Downward pressure on with the spike and no news for a few days, interesting times, place your bets!

[andysand] 19/11/2019 14:51

Indeed, get them while you can. Kefi is currently slaughtering the margin traders just before the next leg up. Hold tight :)

[smackeraim] 19/11/2019 14:41

Added a few more today while its weak. It's hard to buy when news lands so this seems a nice area to get positions in

[shortarm] 19/11/2019 14:30

Damn, wasn't quick enough to get 1.58 to buy....Grrrrr

[scars] 19/11/2019 14:19

Spot on Andy, there seems to be constant downside pressure, but it is not giving up which is very rare for KEFI. Usually you get a huff and a puff, but it's already way down before the puff! Shows sentiment has changed a bit!

[andysand] 19/11/2019 14:12

Indeed they must. I assume they hedge every position. Especially in a share that could be extremely volatile.And on that subject, we are now entering an extremely nervy time when an announcement could come at any moment. Traders will have a hightened sense of hope/fear. Those who are spread betting are particularly dangerous I think as they are trading on margin and will have stops that mms can take advantage of whenever they want by simply increasing the spread. I plan to go into virtual hibernation now until there is an RNS. I don't want to get sick on the rollercoaster gyrations that may occur :)Andy

[scrappycat] 19/11/2019 14:03

Well, the spread bet and CFD companies will have had to have been covering their collective backsides.

[rajaster] 19/11/2019 13:12

some one bought 1 million shares today for 16k

[noirua] 19/11/2019 11:40

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM with admission ("Admission") expected to occur on or around 19 November 2019.

[edgein] 19/11/2019 11:32

Scars,

Most likely larger orders still getting filled ahead of the financial close. Effectively KEFI sold 55% of TK for the $58m funding. That should value us significant higher than £12m and of couse nout in the price either for the deeper reserves/resources at TK nor started to factor in the initial Saudi success either with encountering the VMS as expected. Its still well up my accumulate list, especially down at this level.

Regards,
Ed.

[littlepuppi7] 19/11/2019 10:03

ALTN looks like its going to shoot up again , strong buys coming in again now... Can move very quickly. Mkt cap there is crazy low considering all of the facts around the share... A multibagger in waiting for sure.




ALTN - the most undervalued Gold Play on LSE.

10m mkt cap. Will be a multibagger

Just RNS'd another almost 1 million ounce gold discovery (area 2 CPR) that is one of fifteen areas adjacent to their production they are exploring. Easy to exploit

Secured 17m loan @6% interest to ramp prodiction from 5 - 10,000 ounces to 100,000 ounces of gold

CPR's highly commercial based on 1250 gold price - way below prevailing layer.

CPR for primary resource released 10 days ago and doubled resources in place.

Buying interest significantly increased, small overhang which once cleared will see this fly.

Move profits in now before the move really starts...

[robjm66] 19/11/2019 09:15

hxxp://www.saudigazette.com.sa/article/582883/SAUDI-ARABIA/Mining-regulation-to-be-issued-soon-AlKhorayef

[scrappycat] 19/11/2019 09:01

The large spread tends to discourage traders, and the long term holders and new investors appear to be largely maxed out. Hence, the relatively low volume. Just a waiting game now, imo.

[tidy 2] 19/11/2019 08:49

Yes 10 years in the making for Kefi. Finally getting there so we'll done those that have held long term.

[mam fach] 19/11/2019 08:45

Have admitted to being a newbie, although did follow Kefi few years back.
Grateful for any insights from LTH's. Genuinely hope we all make money.

[tidy 2] 19/11/2019 08:36

There is a further 1moz in the lower levels. The initial open pit is 1moz

[shortarm] 19/11/2019 08:26

Why are they telling me 1.52p but bidding me 1.69p?Sneaky.....

[jaylett] 19/11/2019 08:25

It's a two year old news article. Why is it suddenly of interest?

[lurker5] 19/11/2019 08:23

Re 48 tonnes. That is the 'resource' which is not the same as the 'reserve', which is the mineable amount. In fact the total already in the plan for Tulu Kapi over its 7 year life is to mine approx 1 million ounces, which is approx 30 tonnes. ie is all in the forecasts (and probably the share price) already.