Kefi Gold And Copper Share Discussion Threads

[marnewton] 09/1/2020 12:46

hxxps://moneyweek.com/520466/gold-dont-panic-and-dont-sell/?utm_campaign=money-morning-newsletter&utm_medium=email&utm_source=newsletter

[tim_the_trout2] 09/1/2020 12:27

worth a read re KSA

hxxps://www.austrade.gov.au/australian/export/export-markets/countries-and-economies/saudi-arabia/industries/mining


TTT

[nick_lynch] 09/1/2020 12:13

There is an important religious ceremony ‘Timkat’ on the 20th January....

[scrappycat] 09/1/2020 11:56

Nobody on this board has a clue as to what preparatory work has been/is, required prior to the actual transfer of the funding money. It could surely be anytime after the 10th imho, but certainly anticipated prior to the end of January.

[marnewton] 09/1/2020 11:56

Gold is testing support as we speak.

The rush to 1600 was bound to bring in profit takers, but for now the chart remains bullish.

I first looked at KEFI, a few years back now, because of the gold chart.

M

[digger2779] 09/1/2020 11:46

taxlosstone - pity they don't have an early opening up of the wallet celebration :)

[taxlosstone] 09/1/2020 11:38

I believe that the Ethiopians have an early Easter & firework night so nothing gonna happen soon. ;-)

[goatherd] 09/1/2020 11:35

I think the recent rise in gold price has been entirely "thanks" to Trump. The subsequent fall has been because there has been a very muted response from Iran - and, of course, that may not last.

I hope no one is going to blame Harry for Trump's actions!

[robjm66] 09/1/2020 11:04

I remember here when we were talking about whether gold could hold above 1200 dollars so 1800 is less of a climb than we have already had.

[cybaajak] 09/1/2020 10:46

Meant Estseon * cant edit a mobile post. Apologies.

[cybaajak] 09/1/2020 10:45

@Esteon."Could be $1800 by september"Can i just ask if that was a typo?

[estseon] 09/1/2020 10:14

chopper

this is Xmas week (Ethiopia) and the relocation was never going to start this week. Because the local government is controlling that initial phase of the project, the officials need to get back to their desks and probably have another round of "are you ready?" checks before the button is pressed. So, if they are gearing up for the week after next, that would make sense: the UK is pretty much paralysed for 2 weeks around xmas and New Year and their xmas follows the New Year. I think that the schools may start back next week so they'll want to minimise the disruption to the kids' schooling and there will be that pressure to get the relocation done as quickly as possible.

If gold continues its bull run of the last 18 months, it could be $1800 by September. That is a comparable rate of increase to that between Feb 2001 and Nov 2005 during which gold doubled in price. It had doubled again by October 2009, a similar time period. Then it went nuts between October 2010 and July 2011.

There's no reason why this bull run should replicate the last one but, if it does (a very big IF), we could see gold at around $3000 by commencement of full production.

So, hang on, as once the first cash flows and Lycopodium start work, there could be a bumpy and exciting ride for the next 2-3 years.

[costax1654x] 09/1/2020 10:09

Anyone noticed ORM ?Gold asset in Salamanca and 5 mil £ Cash,no debts, for 3 mil mcap!

[riotinted_specs] 08/1/2020 23:26

My guess is Monday 27th Jan or either book ended Thursday

[bejubiant] 08/1/2020 20:31

Agreed. Timing for receipt of funds from request will be <15 days. Request will be imminent following latest RNS. ANS monies will land either week 3 or 4 IMHO. Nothing much to expect before then, unless there are further results from SA.

[oilisgold] 08/1/2020 18:46

It takes 2 to 3 weeks to sort out internal procedures , so i expect first money to arrive last week of Jan 2020. Not long to go. Traders just selling here to catch the next big stock. Will be back after next week. Just hold tight

[jlwilliams] 08/1/2020 18:41

Some of us have been here years before that!

[shortarm] 08/1/2020 17:28

I think I must've eaten the same thing then!

[taxlosstone] 08/1/2020 17:18

I have owned Kefi shares & before that Nyota shares for well over 2000 days. I reckon that I have had around half a dozen up days during that time. To say that I (& many fellow sufferers) are overdue some unequivocal good news, not threats of good news, is a massive understatement. I can smell it, it is that close. Either that or it is something that I have eaten. ;-)

[rossendale14] 08/1/2020 17:16

taxlosstone 8 Jan '20 - 17:02 - 715 of 715

I will go for 2023. ;-)


I was hoping for a double figure share price eventually-not a double figure length of holding!

[mam fach] 08/1/2020 17:14

Market just doesn't like uncertainty.