Kefi Gold And Copper Share Discussion Threads

[jaylett] 28/1/2020 11:14

At the risk of boring even myself, I again ask the same question; why would ANS return the signed subscription agreements, binding themselves legally to the project and its funding, if they didn't intend to settle the agreement with physical cash? Can someone name a single upside to them if they don't intend to actually pay up? Buying some time is the only semi-logical explanation, however they were already doing that anyway and could have continued to stall on returning the agreements if that was the plan.

Taking it to the next stage only make sense in a scenario where they intend to fund the project, and not doing so would be highly damaging both in terms of reputation and potentially legally (not to mention the loss of future returns). That is why I firmly believe that they will.

[estseon] 28/1/2020 11:11

taxloss

I don't think that the market is sceptical as such: there will be potential investors waiting to join the party when the door is finally flung open. They will or may make less profit as they buy into a rising market but they will make a multiple of what we LTH's will make (proportionately) and they will make it within a much shorter time frame and expose themselves to far less risk. So waiting for the funding money to come through is quite a rewarding strategy but it doesn't mean that they are sceptical.

[robjm66] 28/1/2020 10:49

Sure everyone could point to reasons why market is sceptical, market will be sceptical right up to the moment it is not.

[taxlosstone] 28/1/2020 10:23

I think that most holders (including me) believe that the ANS money will arrive, the project will move to production & Kefi will make shed-loads of dosh. However, even at this relatively late stage of the working capital funding's arrival, the market either still doesn't think that the ANS money will come in or that Kefi won't benefit even if it does. Mind you, the market hasn't believed for many years that Kefi would benefit. Any suggestions why the market's so sceptical?

[bejubiant] 28/1/2020 10:19

When all is said and done, happiness is “the difference between expectation & realisation”
Put very simply, and in a business context.. it is better to manage the expectations of co investors (decent, ordinary folk) by under promising and over delivering.
Whilst I think it unlikely (at some point) that this mine will not get the go ahead.. it is important to single out ANS as a complete bunch of spineless muppets who have ‘time and time again’ over promised and under delivered.
Very clearly proven to be a sh1t shower, devoid of vision, courage and grit.. not to mention a lack of understanding and empathy for fellow investors.

[robjm66] 28/1/2020 09:52

Digger elections this year in Ethiopia and the politicians have already declared the mine is going ahead a mine which will be in the leaders home region.

If Ethiopian politics is anything like the UK politics not only will the mine go ahead with Ethiopian partners, but as good news the decision will be announced at least three different times.

[scrappycat] 28/1/2020 09:39

Digger,

Not a chance in hell of this happening IMO. The EG, apart from anything else, need the foreign currency income.

[cutandpolished61] 28/1/2020 07:10

From the Financial Times yesterday

Share price forecast
The 2 analysts offering 12 month price targets for KEFI Minerals plc have a median target of 10.30, with a high estimate of 15.00 and a low estimate of 5.60. The median estimate represents a 565.59% increase from the last price of 1.55.

hxxps://markets.ft.com/data/equities/tearsheet/forecasts?s=KEFI:LSE

[oilisgold] 28/1/2020 06:31

Well we are another day closer to that important RNS. All i can say is, chill out, enjoy your day and relax. Been waiting for over 7 years, so what are few more days?. Only traders are nervous and . Dont get caught PANTS DOWN when the RNS lands

[divmad] 27/1/2020 22:03

Which moving averages are you referring to?

[gooner1886] 27/1/2020 19:28

Lol oilisfraud said today

[bradley12] 27/1/2020 19:18

No mate it'll be before then!
:-)

[sweetwaters] 27/1/2020 18:45

7yrs, 7yrs..gallows humour from Newton.

[oilisgold] 27/1/2020 18:26

Chaps, chill out and enjoy. Welldone to traders as certainly done well. The funding RNS can land anytime now and is what we all have been waiting for.

[scrappycat] 27/1/2020 18:24

Factual, they may be, but they are historical. Not knocking charting, but AIM shares are news driven , as we all hope to see very soon.

[marnewton] 27/1/2020 17:43

At the very least we are in the throes of a rounding (or saucer) bottom reversal. It'll take a breach of 4.00p to confirm, and the pattern won't complete until 11.00p.

If KEFI's upward profile mirrors the falling, as it often does (but not always), it'll take two years to get to 4.00p. I'm obviously hoping for better than that, perhaps getting turbo-assist from gold.

But hey, it's a start.

The 50 days SMA is rising and we are above it - just, having pulled back today. But look back and see how long we were below it and it was falling!

The 200 day SMA is flat. It's been falling for three long years; much longer if you discount the blip up in 2016.

M

P.S. Charts being fractal in nature, it could be said the larger long-term pattern won't complete until 89.00p is breached, in seven years! Something to look forward to;)

[gooner1886] 27/1/2020 17:33

He needs filtering, ramping shares , people get spiked. No different from taking money out of peoples wallets

[oilisgold] 27/1/2020 17:26

I am the real one. The other oily has iii and is a fake.

[oilisgold] 27/1/2020 17:25

Lol. Strap on boys for a blow off. Always happens with kefi. Jusy need to stay calm here lads and all will come good.