Kefi Gold And Copper Share Discussion Threads

[topicel] 23/1/2020 09:03

AIM is for speculators and those who like to gamble without their own cash. And timing is everything.

That also applies to FTSE250 and above but most in that exchange are pretty solid and sizeable m/cap companies that offer prospects of value appreciation for investors, and, of course, dividends...

Our Harry, he who just keeps on keeping on, has referenced the 'D' word in the past and, if he gets Ethiopia going next week as expected and then we develop Saudi as a world class prospect in line with the locals, we will reach divvies here too.

Before then we could also see us entering the exalted world of the 250 too. It is a decade-long project probably but based on these results, and those in December, the original investment interest, that was no more than speculation as it's turned out, in 2010-15, has finally been matched with more solid evidence.

All who speculated here prior to 2019 had awful timing but those that are selling this morning are going to regret it just as much, imho.

But we've all been there too. If I'd have kept my Anglo American beyond £3.50 after buying under £2.00 in 2016/17 (or whenever exactly) and waited six months for the revival to £15 I'd not have been worried about what little Kefi was phaffing about at these last five years!

Let the timing be your friend on this occasion and reap the benefits of all those who've gone before.

Topicel

[cybaajak] 23/1/2020 09:03

"A lot to do here"... Read "wheres the funds going to originate from to pay for the designated 'lot' 'and time to get there..Deluded investors, everywhere.

[jayminpatel1] 23/1/2020 08:59

Hi guys have just bought in today just a small investment. Just navigating around ADVFN. Good luck all

[bejubiant] 23/1/2020 08:58

The upcoming dividends will pay for the perceived and fast diminishing risk profile.
The share price appreciation is likely to be a very significant upside.
There will always be those who need to pay for Tenerife in August, or redecorating bedroom 2 (aka the office)...
However, if you can ignore all that contrite sh1t and focus on the true end game here... you will sell your soul first

[smackeraim] 23/1/2020 08:55

Don't worry HG your Jorc is coming. They have been advertising for Geologists to help for last couple of weeks.

[sicilian_kan] 23/1/2020 08:47

Agreed Highly Geared, there is a lot to do yet, but for an exploratory round of drilling, the results are very promising.

[highly geared] 23/1/2020 08:45

Need a Jorc and a scoping study/ PEA first. The grades are excellent but I’ve been there before with Asiamet.

[sicilian_kan] 23/1/2020 08:40

No problem jane. Copper is an interesting play. A couple more examples to prove my point:

"Operating mines currently have an average grade of 0.53% while copper projects under development have an average grade of 0.39%."

See

So the grades of 1.1% to 4.2% copper (or 1.4% to 5% copper equivalent are excellent).

I should add that this is just looking at the Camp Lode.

I didn't mention the Crossroad Lode results which are equally good in terms of grade. The best three intercepts announced at Crossroad Lode today were all between 50m and 75m in depth, i.e. very shallow, and they hit 1.7% to 2.8% copper (or 2.5% to 4.4% copper equivalent).

Again excellent grades.

[scrappycat] 23/1/2020 08:39

I think it will be, almost exclusively, traders that are selling. Long term holders have more common sense, and will await the riches that are coming with patience, tinged with a little frustration, until the funding money is confirmed as received.

Me, I will be here for the foreseeable future.

[molatovkid] 23/1/2020 08:32

I'm not averse to trading myself however if they have anywhere near the amount of copper as the other mines mentioned that looks worth a lot.

It's a multi-bagger and no doubt.

These sellers need clearing our first and then the rise will come.

[sicilian_kan] 23/1/2020 08:31

Hi molatovkid

Good to meet someone who appreciates the finer arts - and who doesn't think I'm in the mafia! It's a good opening.

[iamgreat1] 23/1/2020 08:30

Will soon drop back as those collecting are in profit and will be time to sell mms will push it back down

[monster500] 23/1/2020 08:30

Just put a dummy sell of 1mil+, No problem to sell. They need your shares. Hold and you will be rewarded. :)

[molatovkid] 23/1/2020 08:29

Buys flooding in now....i think some sellers will regret this.

Now we can see what this project will look like and crucially, the funding. Looks like their will be funding available and there will be no big dilution for shareholders.

That's great news right there.

[janestone] 23/1/2020 08:28

Thanks. I'm also in rockfire and was comparing results. In all of my years I've never invested in copper plays.

[ianf67] 23/1/2020 08:24

They are selling because they know previously on good news this share has fallen. Interesting to see what happens

[molatovkid] 23/1/2020 08:21

Takes a lot for me to get involved with miners, but pretty impressed by that RNS.....this is going to be worth a lot more than the current market cap.

Buy now and wait for the appreciation in my opinion.

By the way Kan....I play chess and actually play the Sicilian Kan as Black!

[scotty1] 23/1/2020 08:16

pre because a profit is a profit and this is AIM after all and people tend not to hold for too long,not many AIM stocks make it,that's just the way it is,i still hold by the way for the moment anyways.

[janestone] 23/1/2020 08:14

Ah. Anyways I hold, I was looking at the gold.

[pre] 23/1/2020 08:12

awaiting funding news still..why the selling on such a good rns?

[outlawinvestor] 23/1/2020 08:04

The market is in auction.

[pennstreet] 23/1/2020 08:03

Strange - no markup??