Kefi Gold And Copper Share Discussion Threads

[taxlosstone] 17/2/2020 07:40

I wonder if ANS incur financial penalties if they don't pay up or will it be like the Sanderson arrangement & we pay them. :-(

[molatovkid] 17/2/2020 07:39

Sounds like KEFI have paid up, the Ethiopian Government side has paid up ('Closing with the Ethiopian Government sector partner had already occurred.') so just ANS who obviously would not pay a cent until all resolutions were agreed anyway.

[oilisgold] 17/2/2020 07:39

SHOULD KNOW FIRM OPENING AT 07.45.

[oilisgold] 17/2/2020 07:38

love it...just love it

[oilisgold] 17/2/2020 07:37

looks like opening will be:

IN AUCTION

2-2.20p

[hotmark] 17/2/2020 07:35

Excellent post jaylett - Fully concur

cvm9 reported for a series of misleading posts

[oilisgold] 17/2/2020 07:35

pre open:

Here we go

[oilisgold] 17/2/2020 07:35

Lets see what the market makers are saying before the market opens.
Will give a good indication

[goatherd] 17/2/2020 07:32

Just as it is quite obvious that the money will come.

[banksy] 17/2/2020 07:31

If Harry says we're "close" to full financing then that's good enough for me! Wait though, he's being saying this for the last 18 months in one form or another with the Ans payment. Hmmmm ...difficult to know whether more spin or we are near left off!

[scars] 17/2/2020 07:27

This won't even come close to positive unless there is another RNS confirming payment of ANS funds. It was quite obvious that all resolutions would pass!

[aircomm] 17/2/2020 07:26

My view is that we will not exceed 1.95p this week. I think Harry and his people could have done a little more around notarizing narrative etc. The comms piece can be more difficult than it looks, but a little more hand-holding to minimize surprises/expectation gaps would be useful. Some of the comments on these discussion boards validates this.

[andysand] 17/2/2020 07:22

Absolutely right. There is no bad news here; just an irritating patchwork of red tape that has to be endured. Notarisation of just about everything is a common feature of all developing countries. As I previously said, I have lived in a developing country and experienced all this first hand. It's no big deal and it's all very standard procedure. It's one of the reasons why it's tough to get anything done in these places. But it all works out in the end and the share price will reflect the underlying value at some point in the coming weeks. Perhaps even today if people have any understanding at all of how business functions in a developing country.

[cvm9] 17/2/2020 07:22

Hahahahaha oilisfraud, you know as well as I do that this RNS is more Harry Enfield waffle! Where’s the money? Oh yeah, still in ANS back pocket. Next they will ask Harry to bark like a dog and do some tricks. How about we have a little bet? Guarantee the share price plumits today and stays around 1.40s-1.50s range. Just another delay and more trust lost. Over 2p today? You are mentally ill..

[oilisgold] 17/2/2020 07:21

Great news today. Some here were hoping it be bad news and hence sold in a panic Friday after 4pm. NOw I bet you soiling in PANTS

[hotmark] 17/2/2020 07:18

I’ve just revised my target exit price to 10p

[hotmark] 17/2/2020 07:17

Using the proposed bank loan infrastructure financing, at 14 February 2020's gold price of US$1,580/oz, KEFI estimates that the TKGM net cash flow over the life of the open pit will be US$475 million after all debt and other obligations. At this current gold price of US$1,580/oz, the Definitive Feasibility Study or DFS-based NPV of the open pit (US$299 million) added to that of the PEA-based NPV of the underground mine (US$94 million), totals to the aggregate Project NPV of US$393 million. On this basis and after taking into account that KEFI has already invested nearly all of its expected contribution to the Project equity, the NPV of KEFI's 45% beneficial interest is US$177 million (approximately GBP138 million), about seven times the current GBP21 million market capitalisation of the Company.

[taxlosstone] 17/2/2020 07:16

Congratulations Oilisgold. I've been on ADVFN for nearly 15 years & you are the very first person I've ever filtered.

[gooner1886] 17/2/2020 07:16

Lets see what the market says

[molatovkid] 17/2/2020 07:15

People need to focus less on the formality of a money transfer and more on this:

'On this basis and after taking into account that KEFI has already invested nearly all of its expected contribution to the Project equity, the NPV of KEFI's 45% beneficial interest is US$177 million (approximately £138 million), about seven times the current £21 million market capitalisation of the Company.'

In other words, a multi-bagger on this project alone never mind Saudi.

[cvm9] 17/2/2020 07:15

All you guys know as well as I do but this RNS is pointless waffle. Still no money. No one cares if it has been ‘approved̵7;. Doesn’t mean they’re going to pay does it.
Told you so guys sub 1p incoming.

[oilisgold] 17/2/2020 07:15

Divmad Aka CVM9 Aka few others...good luck trying to buy sub 2p ...lol

[oilisgold] 17/2/2020 07:14

cvm good luck trying to buy in sub 2p.


LOL...LOL

YOU BEEN CAUGHT PANTS DOWN?

[divmad] 17/2/2020 07:14

It's just a great pity that Kefi couldn't foresee the need to notarize and register documents with the EG as part of this signing off process, in the last RNs. Then this would not come as a further disappointment to all.

[oilisgold] 17/2/2020 07:12

Well done all holders. This is fantastic news and finally one big tick.

Hopefully today we will see a very decent rise.

Over the moon today