Kefi Gold And Copper Share Discussion Threads

[robjm66] 03/12/2019 15:20

African banks so they know the in and outs of doing business on the continent plus can be source of investment into expansion projects close TK if they are open to expanding the TK pit.

[ianf67] 03/12/2019 15:18

Back down to 1p. Excitement over

[richsmithsmith] 03/12/2019 14:50

Happening now...https://twitter.com/SAMUELURKATOKUR/status/1201865073465024512?s=19

[scrappycat] 03/12/2019 14:47

3 Dec '19 - 14:30 - 64226 of 64227 Edit

For what it is worth, my guess is that the KEFI presentation, at the recent conference, inspired other Africans to get involved. I doubt Harry sought it, they sought him. It is, after all, a great opportunity to make a great deal of money. The gold is there, and soon recovery of that gold will commence and KEFI will be involved in any event.

As to when, I believe this will prove to be the final delay period. The Ethiopian Government have, in effect, shouted their involvement from the roof tops. They will not want to discourage the possibility of investment by other mining exploration companies, particularly since they seem to believe that is where the medium term prosperity of the country lies.

Just my opinions, of course.

[mark10101] 03/12/2019 14:43

Thanks Scotty, much neater a fresh look.

[scrappycat] 03/12/2019 14:30

For what it is worth, my guess is that the KEFI presentation, at the recent conference, inspired other Africans to get involved. I doubt Harry sought it, they sought him. It is, after all, a great opportunity to make a great deal of money. The gold is there, and soon recovery of that gold will commence and KEFI will be involved in any event.

As to when, I believe this will prove to be the final delay period. The Ethiopian Government have, in effect, shouted their involvement from the roof tops. They will not want to discourage the possibility of investment by other mining exploration companies, particularly since they seem to believe that is where the medium term prosperity of the country lies.

Just my opinions, of course.

[mark10101] 03/12/2019 14:14

Hi Scotty, that link seems to be for premium users only. I believe you can make it an open thread and still moderate. Not suggesting it needs to be moderated but a new header and title being the main thing.

[scotty1] 03/12/2019 13:58

Np Ed and thanks as i said on the other thread if there is anything anyone want adding to the header links etc just say and i will try to oblige.

[jaylett] 03/12/2019 13:51

"After so many years talking about funding, I find it remarkable that we switched jockeys in a matter of days. The speed at which we decided to get a bank loan was astonishing. I can only speculate as to what went wrong with ANS. but it had looked very suspicious for a long time as they continually found excuses to not hand over any money. Because of that shocking change in funding options, I think many want to be sure that it’s real. It does seem as if Ethiopian money is not easy to trust."

Extract from the previous thread; there appears to be some confusion / lack of understanding here. The change in financing relates specifically to the bond component, which will now instead by funded by African banks in a more efficient and cheaper way for KEFI and shareholders. This does not relate to the ANS component, who are still part of the funding syndicate and are expected to make their first equity payment shortly. While there have been delays, nothing has "gone wrong with ANS" yet and it is untrue to suggest otherwise.

Perhaps non-holders could ensure they are clear on such matters before making statements like this.

[edgein] 03/12/2019 13:49

Scotty,

Cheers for the new thread, that's much tidier and the PM prices in the header is useful too.

Regards,
Ed.

[shortarm] 03/12/2019 13:46

Wow, The content of your post shows how little research you've done and your level of understanding of the financing. Best post in ages!

[scotty1] 03/12/2019 13:46

Twitter added to header

[robjm66] 03/12/2019 13:42

hxxps://www.kefi-minerals.com/

[scotty1] 03/12/2019 13:39

Link to new thread if anyone interested,if you want anything from this header putting in let me know,i will add to the header a little later tonight.

[andysand] 03/12/2019 13:35

Watching this as always but I am currently out.I think the share price has responded pretty well so far. But I decided to trade them rather than hold for a couple of reasons. After so many years talking about funding, I find it remarkable that we switched jockeys in a matter of days. The speed at which we decided to get a bank loan was astonishing. I can only speculate as to what went wrong with ANS. but it had looked very suspicious for a long time as they continually found excuses to not hand over any money. Because of that shocking change in funding options, I think many want to be sure that it's real. It does seem as if Ethiopian money is not easy to trust.The second issue is delays. They only matters because of the cost of running Kefi. I suspect the market is concerned about further dilution before we have lift off. So for now, I am sitting on my hands. If there is no further dilution announced in the coming weeks, I will likely buy back in. I can handle delays, but I can't handle dilution. Do we think KEFI has enough money to see them through? Opinions gratefully received.

[robjm66] 03/12/2019 13:17

Think there is a difference between shareholders opinions sceptical or otherwise and people who have just taken a short position with spreadex or elsewhere who have no intention to actually buying any shares and obviously are just here to try to de ramp and make money that way.

[the charmer] 03/12/2019 13:14

The 1 trade.. maybe cynical here but somebody bought it to try and create buys and sells as relatively flat now.

No RNS for a while. IMHO.

[mam fach] 03/12/2019 13:12

Oh! The ubiquitous one trade!

[mam fach] 03/12/2019 13:11

Agree entirely with you.
I know nothing, have no inside information but try to give an honest opinion.
Been holding Solg from 3p. Intend holding Kefi long term also.

[goatherd] 03/12/2019 13:03

The problem, mam fach, is that posters who endlessly predict delay are right ALL the time - until they are not, and then we never hear from them again.

If people predict delay with reasons that is one thing - but we all know there will be delays with AIM stocks.

I strongly suspect most "endless delay" predictors are mainly shorters - or, perhaps, people who want the price down in order to buy. I regard both as fundamentally dishonest.

[mam fach] 03/12/2019 12:55

Perhaps you should make a note of posters who are right ALL the time.
Have you noticed AIM is like gambling on horses.(Which I don't do).
People only boast about their winners .
Now Kefi could be a 100/1 outsider.

[goatherd] 03/12/2019 12:46

cjm681,

I do not "want" anything. I was just setting out some of the things that need to be considered when setting out a thread. If I had wanted it I might have offered to set it up myself - but I didn't.

I have moderated a PRM thread for quite a long time - and get wildly unpopular there - but then some of the people who really know something about the company appreciate not having brainless twits posting endlessly. Not only about the company, but they like to make posts with "interesting numbers" - like divisible by 100 eg 64,200.

I think the most common post is "LOL" - just that, nothing else.

One thing I should say - I not not much care for people who say "I was right" all the time!