Kefi Gold And Copper Share Discussion Threads

[enter] 14/2/2020 16:13

That doesn't answer the question. You said you have contacts at the hotel and that there would be a media update when the meeting finishes at 6pm Ethiopian time. Did you make all that up?

[oilisgold] 14/2/2020 16:11

Enter, from what i heard funds will be released soon. Been here 8 years what are few more weeks.

[scrappycat] 14/2/2020 16:10

Late, on a Friday afternoon. Looks like some nervous traders closing their positions, and the MMs taking advantage.

[enter] 14/2/2020 16:08

Good point cvm. Where is this media update following the meeting oilisgold? Are you standing by that comment or did you just make it up?

[oilisgold] 14/2/2020 16:08

Cvm9, the Sp is currently TANKING and looks like a see of red on level 2. So indeed nervous times. Apparantly no signiture let.

[cvm9] 14/2/2020 16:01

Oilsisafraud, where are you? We need your ‘updates’; from your contacts re: the meeting. Or did you just make them up this morning? Probably sold out the state of him and his fabricated lies.

[oilisgold] 14/2/2020 15:59

Too many nervous inveators.

[oilisgold] 14/2/2020 15:58

RNS will be Monday. Chill out all. Enjoy the weekend.

[enter] 14/2/2020 15:58

Well we don't know if they are going to wait until after close yet. We don't even know if the meeting is finished.

[bradley12] 14/2/2020 15:55

Any thoughts on why they would wait till after the close of business to rns the outcome of the meeting?

[bradley12] 14/2/2020 15:55

Any thoughts on why they would wait till after the close of business to rns the outcome of the meeting?

[enter] 14/2/2020 15:54

So you don't want to know how the meeting went then scotty? Very strange.

[scotty1] 14/2/2020 15:34

def don't want to see a RNS pop up at close shortarm,Mon will do

[shortarm] 14/2/2020 14:45

16:30 RNS or Monday....?

[stockriser] 14/2/2020 12:44

Goatherd - Dark 
Forces indeed

[goatherd] 14/2/2020 11:54

It may not even be "people" trading - there are lots of arcane trading systems making frequent trades based on even-more-arcane movements in share prices/volumes and perhaps these are involved?

[andysand] 14/2/2020 11:43

I'm amazed there are people trading today. If you've come this far, why wouldn't you just do nothing for at least until Monday. The mysteries of the market...

[robjm66] 14/2/2020 11:07

Thanks Whatnow1 and Squidy.

[whatnow1] 14/2/2020 10:44

If anybody is interested "Squidy" has posted the TW Kefi article on LSE board.

[laurence llewelyn binliner] 14/2/2020 10:33

The subsequent transfer of the first funds from ANS Mining to TKGM is expected to occur following the Meeting. As previously announced, the total ANS Mining commitment is US$38 million with the first US$9.5 million (Ethiopian Birr equivalent) being unconditional and subsequent amounts in accordance with the conditions previously indicated.

Key word... 'expected'.. anything can happen, but I sincerely hope it goes to the planned timetable..

[robjm66] 14/2/2020 10:28

Surprised at some of the speculation probably have a lot of the PR photo marketing ops today and a RNS Monday confirming release of funds from ANS Monday giving the share price a full week to run.

That's not to say there might be some interesting bits and bobs coming out of the meeting personally would be interested in any clues about the mining expansion potential in Ethiopia for Kefi and the Ethiopians ideas about how it could be exploited.

Topical post

It says:

"ANS funds are to be released imminently and upon receipt of said funds the TK project is underwritten to begin in earnest which will, according to all reasonable valuations, make the parent company worth 2-3 times the current share price.

The initial $9m-plus deposit of a total $38m will be deposited into the holding account of TKGM either Friday 14th February after the formal general meeting in Ethiopia, or first thing Monday morning, depending on clearances and alongside official stock exchange announcement via RNS.

[whatnow1] 14/2/2020 10:19

If the previous poster is correct that the meeting is 10am UK time(1pm Eth time)we might here something midday onwards?

[outlawinvestor] 14/2/2020 10:10

The previous 1m @ 1.9 offer was taken off the market so possibly yes, someone filling a large order.