Kefi Gold And Copper Share Discussion Threads

[oilisgold] 02/12/2019 16:30

Chaps, it could be difficult to trade this now. Could do a nice increase. Fib retrace done. Like the old man example i gave few weeks ago. He is ready to go up again.

[the charmer] 02/12/2019 16:08

What would you expect from a "referee". Lol.

[the charmer] 02/12/2019 15:24

Like clockwork. Be more subtle

[smackeraim] 02/12/2019 15:04

Lol yup .. some are. Silly to do so now, this is position building time.

[mam fach] 02/12/2019 15:03

Very true. But we have now reached the stage (IMHO)
where price may go up and not come back down.
Be out at your peril.
My guess is last chance to get in @ this price.
Hope i'm proved right!

[scrappycat] 02/12/2019 14:57

You 2 are not trading, I am certainly not. However, over 115 million shares have changed hands, in over 600 trades, so many sure as hell are. LOL

[smackeraim] 02/12/2019 14:44

No point trading now. Just let it churn higher and see where more news takes it

[scrappycat] 02/12/2019 14:06

The MMs are certainly having fun playing the traders. At this rate, they will have a superb Christmas party. Can't imagine many LTHs selling at these sort of prices, having waited so long, and those keen to build a position will be holding on to them/buying more.

[robjm66] 02/12/2019 13:39

Yes sure all parties will be happy with the money saved.

[scrappycat] 02/12/2019 13:32

robjm66,

Familiar they may be, but I doubt they will be in control of the relocation, and external infrastructure. However, their assistance would surely prove to be of considerable help for the project in general. Far more so than that which the government could provide, I suspect.

[scrappycat] 02/12/2019 13:02

jaylett,

Very true. I think the EG will be somewhat perturbed by the recent turn of events, but, since they want the dollars, I am hopeful this will not reflect on the timescale required for them to complete the relocation, and external infrastructure required, before we can truly advance.

[the charmer] 02/12/2019 12:44

Give people enough rope.

[scrappycat] 02/12/2019 12:41

Personally, I do not imagine that the share price will really start to motor until we are notified that the constructors have moved in. At that point, the timescale to accessing the gold will be established (assuming the schedule is maintained).

[mark10101] 02/12/2019 12:32

Thanks Rob.

[the charmer] 02/12/2019 12:28

We are truly on our way. Lots of comment around now.

[robjm66] 02/12/2019 12:22

Mark10101
"The proposed Project and financing timetable, as previously announced, is for the first six months of development to be funded by way of equity investment at the TKGM level by the Project partners.. On this basis and after taking into account that KEFI has already invested nearly all of its contribution to the Project equity.."

Also been mention previously of Kefi getting some money back on final deal closing. Do not think Kefi would be considering using the money saved to expediate the expansion of the pit to depth if it meant Kefi would have to put all the money saved in now. No need anyway as money will be put used progressively as needed not in one lump. If kefi have nearly put in their whole lump for the total lifetime of the mine maybe they should have some money back on that as well till it needed.

At least that's the way I read though could do with some extra explaining from kefi of the implications.