Kefi Gold And Copper Share Discussion Threads

[spartikas] 03/12/2019 11:38

yes sir have a go! maybe you can copy and paste the intro from this thread.

[jlwilliams] 03/12/2019 11:31

Looks really easy to start a new thread, shall I have a go... no idea if it can be deleted if its ugly/wrong

[pugugly] 03/12/2019 11:10

Looks as thought market cap figures wrong - House broker this norning gives at 1.7p, Mkt Cap £17m - Can anyone confirm and if so advise ADVFN?

[edgein] 03/12/2019 11:07

Goat,

Yes the 4% grades are very impressive for this depth. That might increase a bit closer to the core or source. I was thinking more in terms of the gold grades though, not the already high copper grades. But just just never know, GEO hit grades in excess of 30% copper for example. So you just never know. The higher the grade close to surface the better. Hole 008 is now the main one I'm looking out for in the assays.

Regards,
Ed.

[goatherd] 03/12/2019 11:02

To put it into perspective - the average copper grade of the 1st 3 holes is 2.63%

The average head grade mined worldwide in 2012 was 0.72% (and it had been declining for years).

Open pit mining often goes as deep as 250m.

Personally I do not expect the grades to increase with depth - zinc might, but probably not the others.

[scrappycat] 03/12/2019 10:45

Just above the pictures, is a link labelled 'skip header'. If no one volunteers, use this. Better than nothing.

[mark10101] 03/12/2019 10:36

Does any of the long term eras want to start a new thread. This one has tinypic pictures that stop working in the summer. A new thread would be a better shop front for progress in to 2020.

[mam fach] 03/12/2019 10:36

Agree entirely with both your comments.
As i've said before new holder here.
Glad of the feedback. Thanks.

[goatherd] 03/12/2019 10:35

value per ton of rock, at today's bid prices for metals
Hole 001 $113
Hole 002 $257
Hole 003 $295

[mark10101] 03/12/2019 10:24

Guys are you ignoring the 100% rise of the last month that has been held onto. This is just normal churn I would not have bought lower down and much happier to buy here With the recent news, there will be plenty of people with fatigue that will and are selling. The day is still young and the news is still good.

[scars] 03/12/2019 10:16

That is not a new pattern mam! KEFI has long struggled to hold onto any gains.

As I said earlier, lack of confidence and over dilution.

Doesn't mean it won't get there eventually, but you have got to have balls!

[mam fach] 03/12/2019 10:02

New pattern arrived this week. Pile in early and bail out before 10.
Not really conducive for steady progress.
Let's hope pattern changes as weeks go on.

[robjm66] 03/12/2019 09:55

“I sincerely hope that Kefi goes bust and screws everybody over, ME INCLUDED”What Cyba’s said yesterday. Suggest everyone keeps that in mind every time he posts you are dealing with someone who wants the company to fail for whatever bizarre reason.

As for today results helps backup kefi theories about what they have which is why they are rushing the results out.I expect a steady drip of encouraging results.

[edgein] 03/12/2019 09:53

Mark,

Yes its just getting to the low hanging fruit at the moment, the really quick really cheap holes. The deeper they go the more expensive it gets to drill but the more chance of the really high grade shoots coming out. What is really important here too is shallow commercial grade so they could start a pit development before they go underground. So the intercept starting at 5.5m will be interesting. It is likely to be weathered as you say but still anything above 0.5% and I'd be happy. Saudi won't be that prone to rain let alone acidic rain so fingers crossed for good grades nearer surface too. Market will catch on to what KEFI has, by then most will want to have finished accumulating imo.

Regards,
Ed.

[ianf67] 03/12/2019 09:48

Same here it's more than start of the week but why ramp. It never goes that way otherwise everyone would be investing

[mark10101] 03/12/2019 09:44

Thanks Edgein, it did seem to me to be a hinting RNS, very good news in itself but with the potential to get an awful lot more interesting the deeper they go.

[scrappycat] 03/12/2019 09:43

Ianf67,

I'll, certainly, still be here. To me, the short term share price is irrelevant. The story just got better, and so, ultimately, will the share price.

[robjm66] 03/12/2019 09:42

“The VMS mineralisation is proving to be continuous both along strike and down dip, consistently intersected along the currently drill tested 1.5km long southern portion of the Hawiah ridge. Drillhole HWD 005 has demonstrated that massive sulphide mineralisation continues to a vertical depth of greater than 250m.”

[mark10101] 03/12/2019 09:42

The day is young, 2p does need to be broken before volume will arrive imho, for me there has been enough news to get us there just got to let the market digest.

[robjm66] 03/12/2019 09:40

hxxps://www.sharecast.com/news/aim-bulletin/kefi-minerals-reports-excellent-start-to-testing-at-hawiah--7144262.html

[edgein] 03/12/2019 09:39

Mark,

Yes I agree. Likely to get increasing grades as they get closer to the source of the VMS. But excellent shallow grades so far. Will be interesting to see how the hole at 5.5m compares to those at circa 38m.

Regards,
Ed.

[mam fach] 03/12/2019 09:33

Agree.Gone ramping mad, more so on LSE.
Don't think we'll get to 4p today.
But we reached 2p few weeks ago and fell back.
Now we've had two rns's believe over 2p achievable this week.

[scars] 03/12/2019 09:32

RMM and ROCK announce positive drill results last week both up 100%

KEFI announce positive drill results up 3%

Still suffering from lack of confidence IMO, Harry still has a long way to go!

[sweetwaters] 03/12/2019 09:19

Catsick I agree, a strategic investor is needed that invests on multiple year time horizon for high return rather than the 'financiers' which drive [20%] return in a few months on a short strategy of some sort. Artar or a global major Barrick or Newmont getting involved.