Kefi Gold And Copper Share Discussion Threads

[scrappycat] 10/3/2020 08:20

Topicel


When will you get it into your head, that I am aware of the history, but I simply do not care when Harry did/said this, the EG did/said that, and the ANS did/said whatever. In my opinion, we (PIs) have insufficient detail from the RNSs to conclude anything with absolute certainty, and I suspect Harry is in the same boat, and has acted in good faith.

Long ago, I concluded that Kefi no longer controlled the project. and that the EG/ANS did. This does not alarm me as much as it might some who post here, for I believe, from their various publicised comments, that the EG/ANS like and trust Harry sufficiently to make him their flag bearer for mining operations in Ethiopia. Hence, I also believe, the mine will open, despite the possibility of further dilution.

Life is too short to get agitated over such things, IMO. Nuff said from my point of view.

[mab] 10/3/2020 08:02

Topicel
Harry said that it's the major banks who are financing that have shifted timeframes not ANS. just like any other country where major decisions are delayed to after elections, and probably more so in a frontier country like ethiopia.

[cybaajak] 10/3/2020 07:08

Question for the posters here on this BB.

In your opinion, which company(s) currently on AIM or AUS stock exchange does Kefi mostly align with on an equal or par setting?

Please don't use Gold Production as a benchmark as Kefi is definitely not in that bracket. Indeed, according to the esteemed Chair in charge of this Company ( /s) , Kefi is clearly and firmly fixed in the 'Exploration' side of things.

Near Term Viability, Market Cap, Employment Numbers, Current Operations, Explorations and Global Footprint can all be used but please explain the rationale for your opinion in your answers.

Not much to do in the next few weeks (No, before you ask) so was intending investigating what other Chairs and BoD renumeration packages on a comparison scale are used.

[space_bob] 10/3/2020 01:10

Wise words Topical. Not so sure on the Easyjet tip, but towards the end of March when the OPEC agreement ends, I can see a new agreement being made and the oil price shooting back up. BP & Shell are quite diversified nowadays and in many places are paid for production rather than the oil price, so if we see further drops they could be the bargain of the decade. They're probably a bargain now, but I can see them falling further so I'm keeping my power dry.
Back to Kefi, I still have shares in other gold miners, including in some companies with no debt, no hedges and already taking gold out of the ground. These have seen drops over the last few weeks and also stand out as a bargain as I think we'll see $2k gold by the end of the year.
If Kefi ever manage to actually mine (which I doubt), then it will be years a way and only after jumping many many more hurdles which will screw early investors. By then, gold will probably be back to lows.

[topicel] 09/3/2020 22:05

Marnewton, good idea.

He will also say do not stick with paper gold, as just about every other FIAT asset. And especially not one with a 2-year lead time at least before any of the shiny stuff is in our clammy hands.

But then those clammy hands might just be some other reason...

Or not, and it goes away and people buy the genuine bargains like BP/Shell/Easyjet who are ripe for the picking if you drip-feed your cash. AIM is madness when all those and others are so crippled.

You won't catch the bottom but buy once a week and you will be fine in six months. More than we will be as those pesky elections won't have been finished - and just maybe our Nobel Prize winner doesn't win. Where would you go with your cash on the sidelines, beat up quality shares with dividends or ...

Topicel

[marnewton] 09/3/2020 19:48

Jim Mellon, today...

"As advised, this coronavirus has morphed into an excuse for markets to take the biggest swoon in my decades-long experience...

What I suggest investors do now is: 1. Stick with gold and silver. Going higher."

M

[mab] 09/3/2020 18:27

Think the election date was moved mid jan and as a result the banks shifted the debt financing. Both really out of harrys control...

[scrappycat] 09/3/2020 17:01

Topicel,

No idea. I suggest you ask the EG. They are in charge of when a General Election is called afaiaa. If they wish to change their mind, so be it. If they wish to change the ground rules, what choice do Kefi have but to follow, like Alice, the yellow gold road.

[goatherd] 09/3/2020 16:38

Tops,

If you are bothered about it what have you done to find out? (Apart from asking the question here!)

[topicel] 09/3/2020 16:35

Wait until it gets to Ethiopia after all the other nations' have had it Marnewton!

Centered on TK district with security implications because they'll all have cleared off. They were always friendly with the Italians after all, they even had a dig around our parts once ;)

Topicel

[marnewton] 09/3/2020 16:30

Good to see all you ol' folk self isolating;)

M

[scrappycat] 09/3/2020 15:57

As with the UK, I imagine in the EG the decision to hold, and the date for, a General Election would be decided by the Cabinet, and the date then generally publicised. I see no reason why Harry should/would have been involved with this, and, it seems likely to me, that he first knew about it was when the date was publicised. He would then, presumably, have to find out what, if any, complications there would be for Kefi from the EG and the ANS. Who knows when they fully clarified this?

[shortarm] 09/3/2020 15:50

You're right, Harry should plan his country elections better!Chopper!

[topicel] 09/3/2020 15:22

I recall plenty of RNS being issued with promises of this and that at Urals Energy and they were producing!

The promises of action were unending, money went somewhere and they were suspended from AIM after a while never to return.

Nothing similar at all, just plenty of false statements in RNS that some shareholders kept holding on to as possibly about to happen. Those shareholders assisted the lack of clarity and misdirection of the board by defending it.

I only care about trusting the announcements, and not turning a blind eye for too long (says he, still here and down quite a few university courses for my petit-enfants!)

Anyone any idea when Harry knew about the elections being a problem? The ones in May that is? He wouldn't answer for some strange reason on Friday - of course, just one of the many not answered that cut to close to the bone...

Topicel

[scrappycat] 09/3/2020 14:54

space-bob.

I deal in the facts, only as revealed in the RNSs, and voice opinions, that are admittedly conjecture, based on those facts. You can believe what you wish, but the major source of ramping, as you choose to call it, is, in my opinion, a widespread belief that the mine will open. As a new visitor, and not invested, which is apparently what you are, you are unlikely to be fully familiar with the history. Again I say, think what you will,. I care not one iota.

Simple question. If you do not believe the mine will open, then what are you doing posting here - and don't say it is your altruistic nature? It seems you are awaiting the projected dilution, and are happy to try to depress the share price whilst waiting.

The history of the company is what it is, I am interested in the future.

[robjm66] 09/3/2020 14:10

Price will not go up substantially due to any ramping only one of three things Jibal Qutman becoming available, good results from Hawiah or ANS paying their first trance.

If you believe any of those have a good chance of happening Kefi looks undervalued if you do not think any if them will happen kefi looks overvalued.

[robjm66] 09/3/2020 13:18

I believe what Harry said in the webinar if anything he was too honest if you can be and went over top with the detail. When he talked about talking to a bank about the list of things left to do (which only had a few items left) almost expected him to start going though them one by one followed by his shopping list.

Think the interview could see the same thing after each answer he said the same thing "perfect" bit like the work colleague that comes round personally to say they really like your new project and the way you are doing it (translation the really hate your new project and you).

[goatherd] 09/3/2020 12:41

If Harry is investing - as he has done in a very big way, then it is far better that he buys directly from the company as that way he shows his commitment AND the money goes to the company, and, heaven knows, the company needs the money.

[scrappycat] 09/3/2020 12:39

Topicel,

'Your comments are simply denial of the evidence or stupid or, and I hope not, with ulterior suspicious motives. There is no other answer to your stated position.'

Well, as I am someone who has been a Navigator of a V bomber (and in charge of the nuclear weapon), someone who has run my own business, someone who has been awarded a Mensa Certificate, someone who has been a top level Tournament Bridge player, and someone who still enjoys playing competitive bridge, enjoys cryptic crosswords (e.g. The Times) and sudoku, I think it is reasonable to say that I am not stupid. Neither am I in denial, and it should be clear from my posts, even to you, that I harbour NO suspicious motives.

I say things as I see them from my point of view. I do not make recommendations, but leave people to draw their own conclusions. It seems honesty makes you suspicious. Why is that, I wonder? Can it be that you are less than honest yourself?

[goatherd] 09/3/2020 12:38

Topicel,

Have you ever thought of taking the verbal type of Immodium?