Kefi Gold And Copper Share Discussion Threads

[smackeraim] 26/11/2019 21:48

Chop chop, not often you see a soon to be funded through to production gold miner at this price. :-)

[scotty1] 26/11/2019 20:09

Shareprophets/HSR updated,you will need a subscription to read all,but basically they infer that the alternative funding which as popped it's head up reflects the improved outlook for Ethiopia,still a buy up to 2.5p with a target of 6p plus





KEFI Minerals – after recently soaring, Tulu Kapi project update sees shares lower BUT…
BY HOTSTOCKROCKETS

KEFI Minerals (KEFI) has updated on the Tulu Kapi gold project including of a launch ceremony at the Second International Ethiopian Mining Conference and Exhibition and “the project's 24-month development schedule is expected to start in January 2020 and the project consortium action plan has now been agreed”…

4 hours ago

[laurence llewelyn binliner] 26/11/2019 18:59

Much as we all apportion the blame for the endless delays to our HAA, the guy really is not responsible for so many of the variables that have held us up, the GoE have to organise themselves inter departmentally and get aligned for the business of miners operating in their country, the banks, mining sector laws and legislation to run it, then there are the security issues to address needing military inputs for our own protection, building a runway to fly Gold out of the compound safely needs further licensing, added to the capital market climate with lenders needing to see enough evidence such that they are prepared to lend in a country with junior governance in the sector to an AIM start-up.. so many things out of the companies control, but I do get the repeat jam tomorrow RNSs do wear you out over time as a holder, I've been in since the NYO take out in 2013, waiting waiting averaging down and waiting..

Every shareholder has the choice to buy and sell on the news, and needs to read in between the news too, it is frustrating as hell but we do all make our own decisions..

We are finally inching forward and it is coming together slowly as the pieces of the puzzle slot into place, another month or so is not the end is it, having got this far in the process..

[oilisgold] 26/11/2019 18:53

I think a lot if traders are underestimating whats to come. Been in AIM for over 20years and can sniff a decent rise to come. Just requires a few more months of patience

[oilisgold] 26/11/2019 18:51

Yep, my 10k investment in 2013 was worth less then 1k few weeks ago. Had written it off. Going with my gut feeling and hence averaged down. The new Ethiopian leader seems a very decent chap and i think kefi are on the right track. Plus Saudi looking very good. Should get very decent Assay results for Holes 2 to 5.

[unionhall] 26/11/2019 18:22

So our great leader is just hopelessly out of his depth in ths culture and naive ?

We may well have turned a corner - unfortunately for many it is after losing 99% of their investment value under this team.

[shortarm] 26/11/2019 18:21

Harry planned the coup too!And those armed robbers - I think they were his family members - shall we have him stoned? Lolz

[oilisgold] 26/11/2019 18:12

Union Chap, its what Harry gets told. One thing most Africans government officials will tell you, " need to milk the cow for as long as possible". A friend of mine when he travels to African countries normally carries a wade of cash. I think you are being optimistic, he has been saying the sane since 2013. But honestly speaking , i think we finally might have turned a corner.

[unionhall] 26/11/2019 17:59

For those of you who take solace in Harry's words here is what he said in an RNS in mid 2015.

He has reiterated the timescale approx every six months since - adding six months to the dates each time.

The Share price was the equivalent of approx 12.5p at the time.

This time is different !>}?


" We remain on track to commence construction in late 2015, plant commissioning in late 2016 and gold production in 2017"

[topicel] 26/11/2019 16:50

Lol, tell that to Khashogi!

Good to see you holding anyhow.

Topicel

[the charmer] 26/11/2019 16:49

Nice 6% increase by COP.

Whats in store for the rest of the week.

[oilisgold] 26/11/2019 15:59

All eyes on the Saudi drill results. Need some nice results to get this moving. At least the Saudi are not corrupt like the African governments.

[smackeraim] 26/11/2019 14:07

Chug chug. Make use of weakness. imo dyor

[shafaq] 26/11/2019 13:52

Yes agree.Think the bod is busy with ethiopia conference at the moment but expecting Hawaih results this week.

[scars] 26/11/2019 13:40

It was less than 3 weeks from drill to Assay results for HWD_001, so results for 2,3 and 4 should be this week. Hopefully a hit like ROCK and RMM today!

[scrappycat] 26/11/2019 13:37

pjackson2,

I, too, have held these for many, many, years, but there is light at the end of the tunnel. I don't blame Harry for being conservative in his timescales. He has suffered so many setbacks on this score as a result of the association with the government(s) of the day. Whatever he does, he gets it in the neck from the pond life, despite the fact that LSE rules oblige him to RNS information that may effect the share price.

At the culmination of all the preparatory work, and after conducting a considerable averaging down exercise when the price was c0.7p - 0.8p, I confidently expect to make a significant amount of profit. I hope the same applies to you, and to all the other LTHs.

[pjackson2] 26/11/2019 13:16

Or should I have said many many many years

[robjm66] 26/11/2019 13:15

Harry probably thought that the interest of African but non Ethiopian banks showed the strength of the project and the potential of mining in Ethiopia plus gives another source of funding for future projects in Ethiopia. Kefi already intimated that they did not want to unpick anything drastically in their response to the recent admin delay.

[mam fach] 26/11/2019 13:09

So little downside @ this price.
Upside massive.
Be brave and hold, just a little bit longer.
MHO

[sweetwaters] 26/11/2019 13:05

Time kills. Do the damn deal.

Harry will bleat again if 'unforseen' issues arise. He keeps putting Kefi in this damn position.

Mentioning the potential additional bank funding was amateurish. Do it or don't do it. Tell us when you're done.

Research updates, keep them coming. That should give some share price support and pause for thought for those looking to trade.

[stockriser] 26/11/2019 12:30

Well that fits with the 24mth plan.

[robjm66] 26/11/2019 12:19

Q and A section kefi website
When is first gold pour scheduled?
Commissioning of the processing plant in mid-2021, first gold pour in H2 2021 and full gold production by the end of 2021.
Posted 26 November 2019

[scrappycat] 26/11/2019 12:10

pjackson2,

Well, at least you had enough faith not to sell, but why so gloomy? Re your post:

'At least 8 weeks to wait and then we still don’t know if funds will be finally released.'

Firstly, there is nothing to confirm that the process will take 'at least 8 weeks'.
Secondly, the RNS states that 'project funding' is confirmed. No ifs or buts, but still some signing off to complete.

[the charmer] 26/11/2019 12:04

Wanting in cheaper