Kefi Gold And Copper Share Discussion Threads

[outlawinvestor] 23/1/2020 07:59

@janestone - copper is the primary play in Hawiah. Gold and other minerals are a nice side dish.

[jaylett] 23/1/2020 07:57

Yes please:

KEFI has recently diluted its interest in G&M to 37% (from 40%) in return for funding contributed by ARTAR during 2018 and 2019. Given the highly encouraging results from the recent drilling campaign, KEFI does not intend to dilute further and believes it is now in a solid position to contribute its share of G&M costs going forward.

KEFI anticipates Hawiah can be advanced to a development decision at relatively low cost due to the continuous nature of the mineralisation and, in due course, development funding will be readily available. For example, KEFI not only has a strong partner in G&M but also the Saudi Industrial Development Fund provides loans for up to 75% of the capital cost of mine development at attractive interest rates.

[jaylett] 23/1/2020 07:56

News in the order I was hoping for. Saudi to gather momentum and interest, then Ethiopia to light the blue touch paper shortly afterwards. Make no mistake; TK is the present and we absolutely need the regular cash flow the mine will generate to put solid foundations under KEFI, but SA is the future.

The return prospects of this share over the next 12-24 months are simply immense from these levels.

[sicilian_kan] 23/1/2020 07:55

Jane, the copper! The copper!

[edgein] 23/1/2020 07:55

Wow 4 kms already and they think its bigger than one of the other VMS already discovered.

Also interesting comments here:

"Given the highly encouraging results from the recent drilling campaign, KEFI does not intend to dilute further and believes it is now in a solid position to contribute its share of G&M costs going forward."

Saudi being funded without diluting the subsidiary any further, why is that? ANS money perhaps. Those shallow Saudi holes won't be that expensive, look how many they've been able to drill so far, so even another 6 months of drilling up to JORC shouldn't be that bad at their 37% working interest. No longer a one trick pony at TK that's for sure!

Regards,
Ed,

[janestone] 23/1/2020 07:54

I'm looking at the gold content in the results, 16m @ 0.5 7.8m @ 0.1 12.4m @ 0.7 and 8.4m @ 0.7. And they're all deep.

[sicilian_kan] 23/1/2020 07:52

Yes Jane you are missing something. You are missing the copper!!

[smackeraim] 23/1/2020 07:50

Cyba you strike me as the type of guy who falls into a swimming pool full of super models and still complains the water is cold.

[shortarm] 23/1/2020 07:48

Maybe a frontal lobe?

[janestone] 23/1/2020 07:42

Sorry, but the gold content in the released figures look poor to me. Am I missing something

[oilisgold] 23/1/2020 07:41

STRAP on all. Today is going to be start of lift off.
Funding lands tomorrow and most of us be saying " was this share really sub 2p"?

[philby1] 23/1/2020 07:40

Harry's a dour chap so I particular remember getting excited when I heard him previously comment that Kefi's KSA prospect could be 'potentially mind blowing'. Let's hope so!! :)

[smackeraim] 23/1/2020 07:31

Can we have a sheikh please lol

[oilisgold] 23/1/2020 07:29

sometimes in life it does help to Hold a share. Lets see how this plays out over the course of next few months. Should rerate

[mark10101] 23/1/2020 07:28

It is funny people obsessing over ANS, I bought in for the Saudi resource as I see that to leading to greater value long term. Ethiopia IMHO will happen and I can understand the LTH frustrations but the Saudi results make our current MCAP look ridiculous on its own, throw in ANS money arriving soon and wow.

[oilisgold] 23/1/2020 07:27

It wouldn't surprise me if we get Funding RNS Friday to keep this going. Enjoy all the next few weeks and Months.

[czar] 23/1/2020 07:27

Massive !!!!

[oilisgold] 23/1/2020 07:26

You have companies in AIM that are valued at over 100million and have Nothing.

We are 16million and will have 2 mines...lol

Really this has to rerate

[sicilian_kan] 23/1/2020 07:25

Should see 2p today. Really excellent grades there. Very mineable.

[oilisgold] 23/1/2020 07:23

and key FUNDING IS READILY AVAILABLE.



LOVE THIS SHARE NOW.

THIS WILL BE THE BEST MONTH FOR ALL US LTH. FINALLY OUR TIME HAS COME.
Believe me I was in SOLG when it went from 1p to 40p. ANd I tell you this is bigger and better

[smackeraim] 23/1/2020 07:22

Jorc on the way... :-) the job advertising in Saudi for a lead Geologist was legit then aimed at delineating an initial Mineral Resource over the next 6 months in accordance with the JORC Code. A Preliminary Economic Assessment and the triggering of a development feasibility study will be undertaken, if warranted.

[scars] 23/1/2020 07:20

Looks like mine no 2 in the offing, just have to sort the funding! Enough said!

[sniffer2] 23/1/2020 07:19

Cybaajak...I understand where you are coming from. I have been holding for 7 years. They can only release info based on the results they get. More to follow. The KSA also want to get their mineral sector off the ground asap in order to diversify away from oil.

Any positive news welcome.