Kefi Gold And Copper Share Discussion Threads

[sweetwaters] 21/4/2020 19:12

Oh and beware any news release that provides great news re research progress at H. Many a mug has fallen for that in the past, only to followed later the same day or next with a dilution event.

Not sure what the rules are but doesn't feel like the right thing to do old chap.

Sorry state of affairs that great research progress is used in that fashion and also not taken at face value by most shareholders (obvious exceptions).

[taxlosstone] 21/4/2020 17:33

Ah!! Centamin. They were one of the reasons that I went into Nyota/Kefi in the first place. They were major shareholders along with IFC (an affiliate of the World Bank, no less). Sadly they both divested themselves of their Kefi shareholdings. It looks like a brilliant decision by Centamin now but with their influence as shareholders, who knows where we could have been by now? They have plenty of ammo & are supposedly looking to make acquisitions in Africa but they've resisted the temptation of getting back in for years. Wonder what they're not keen on:
The jurisdiction?
The board of directors?
The project?
This bulletin board? ;-)
All of the above?

[estseon] 21/4/2020 17:00

digger

I don't see Kefi as an attractive morsel for a "major" - it is too small. Its Ethiopian operation might be attractive to the likes of CEY but possibly not the Saudi activity: they are based in Africa with ops in Egypt and Ivory Coast.

[cybaajak] 21/4/2020 15:46

Company Annual Report is due within next 9 weeks. With very little happening anywhere, either visually or behind the scenes, we 'may' even get that event early. If there was a movement to 'force an issue' it would just be rolled into that..

[ham1] 21/4/2020 15:35

@ Taxlosstone,

Ooops: Chesterfield Resources robbing Harry stage in Cyprus (hxxps://www.venusminerals.co/about/directors)

H

[sweetwaters] 21/4/2020 13:48

BoA Gold price forecast $3,000...'because the Fed can't print gold'.

[digger2779] 21/4/2020 12:59

How much money has Kefi poured into this bottomless pit? If a major were to come along and match that in order to buy the company then maybe that wouldn't be a bad thing? At this rate if they even got this going we are probably going to have to wait another 5 years before we make any money on our investments.

[robjm66] 21/4/2020 12:30

The worry with any major taking a stake in kefi is they end up buying up the whole company on the cheap would rather see Joint Ventures as agree kefi geo team is its main strength.

[sweetwaters] 21/4/2020 11:35

Imagine there was a company that was undertaking mineral exploration in two regions, both of which with government licenses for exploration in a highly prospective but underdeveloped region.

Imagine if that company had a world-class reputable research and discovery team. Highly regarded by peers and investment community.

Imagine if that region was well known for precious metals, particularly gold.

Imagine if gold had undergone a significant re-rating due to global events and was likely to become a more significant asset allocation for the years ahead.

Imagine if you were a major investor in that company (not me). There must be some large major shareholders questioning Kefi plc.

Another idea which I have aired before. See if a Gold Major will take a minority stake in Kefi plc.

Another idea, sell TKGM lock stock and barrel, just get out of it and focus on Saudi, prove up the Jorc for H. Given the structure of the ANS investment it's probably unsellable thus my view to mothball it to grow some balls.

[taxlosstone] 21/4/2020 08:25

Chesterfield Resources (CHF) with gold interests ironically in Cyprus have today pointed out in an RNS that they are in the gold business (exploration stage only) & gold is going up in price. The share price is currently up 100%

[goatherd] 20/4/2020 15:27

Sorry to hear that. TesticlesLess sounds nasty

[tim_the_trout2] 20/4/2020 14:07

I am Testicles.
No, I am Testicles.

TTT

edit - sorry, I'm cracking up here in isolation

[estseon] 20/4/2020 09:15

taxloss

Answer - testicles. They seem to be in short supply there.

[taxlosstone] 20/4/2020 08:22

Just imagine if there was a world crisis that sent the financial markets, which were already fragile, into turmoil. I should imagine that there would be great demand for a commodity that had been regarded for centuries as a safe store of value. Now just think if there was a company that had a license to mine this commodity in a friendly, eager & welcoming jurisdiction.
Wow! What a gift from the gods! You could get killed in the rush to be invested into this company, surely? :-(

[cybaajak] 20/4/2020 06:45

People, please, calm down.

and "context".

[scrappycat] 19/4/2020 15:17

rob,

I agree, and I think the EG would be very upset if ANS fail to stump up the money. The country needs their share of the profits and Dollars it will produce.

[robjm66] 19/4/2020 12:47

If ANS do not do a deal with Kefi doubt anyone trust them with anything else. So they have a choice pay the money and eventually make a lot more or lose out (PS I have dyslexia and think grammar is a elderly female relative so apologize for any errors post and in the future).

[scrappycat] 19/4/2020 12:21

jaylett,

mistype - my typing is awful, and strictly one finger stuff, but I can spell! I was not intending to be pedantic, and I apologise to all for my rather obvious error, and I thank you for pointing it out.

[jaylett] 19/4/2020 12:00

And it should be "what then?" not "want then?". What then? means what comes next; want then? is drivel.

If you're going to be needlessly pedantic, it's probably best to be accurate as well.