Kefi Gold And Copper Share Discussion Threads

[the charmer] 11/5/2020 08:30

Jaylett 11 May '20 - 08:21 - 3547 of 3547
"This company exists solely to place shares, it literally does nothing else and hasn't for a decade."


What do you expect from a mining exploring company that is transforming itself into a miner?


No monies start being made until the stuff comes out of the ground.

[jaylett] 11/5/2020 08:21

"LTH's should be pleased with this, I am."

You're pleased with half a billion shares at 0.65p? Seriously? It's horrific.

Sold down the river is dead right, but they stuck a couple of holes in the raft as well for good measure. This company exists solely to place shares, it literally does nothing else and hasn't for a decade.

[bejubiant] 11/5/2020 08:14

Critically (at this juncture) this development removes "execution risk" from the table.
We NEED to do this. Too much to risk at this moment in history.

Sure, we'll have some sea sickness for a few days, but this will quickly settle and be understood for the overall positivity it brings to the business.

We are then well placed for all the good news coming..

Smart to get this done now, and to bring in talent (plus meaningful cash) in the process. LTH's should be pleased with this, I am.
SP should come back quickly when the bigger, longer term investors consolidate their thought processes around the full, emerging picture.
100% cool with this actually. GLA

[easwarareddy] 11/5/2020 08:11

Yea pants down they been caught... go get them

[czar] 11/5/2020 08:03

RAB will have had a good look under the bonnet before taking a big stake so I'm going to join them.

[molatovkid] 11/5/2020 08:00

Didnt we all know this was coming?

Kefi are in a tough spot...no money but 2 potentially company making projects.

If we believe in the long term, we're just going to have to suck up the short term I'm afraid.

[bejubiant] 11/5/2020 07:56

A smart long term play.
We need financial certainty until this crystallises into the business it’s going to be. We also get some high level grey matter on the board which is excellent.

I’m in for 15m shares and I’m pleased with this on balance, and considering where we are versus where we are going.

[shortarm] 11/5/2020 07:52

I think some people will have a sense of humour failure today and head for the exit!Not gonna be a good day....

[red rook] 11/5/2020 07:49

... ''..at an issue price of 0.65 pence per ordinary share...''

... ramped up ... sucked in the gullible, and then the inevitable placing :-)

... and some think that this is the last placing :-)
... and that the Ethiopian government, brimming over with spare cash, is going to make up for ANS's lack of funds :-)
... and that Harry's unnamed banks and going to pony up the majority of the project finance :-)

[cybaajak] 11/5/2020 07:43

That is getting a no vote from me.. I don't care if it means Kefi are no longer a going concern, but this HAS to stop somewhere.

[oilisgold] 11/5/2020 07:41

Back down we go to 0.6p. Lucky for us big news coming about finance close this quarter.

[oilisgold] 11/5/2020 07:39

Small mug punters once again been CAUGHT PANTS DOWN BY HARRY. GET THE LUB ON LAFS

[banksy] 11/5/2020 07:37

Let's hope RAB value a seat on the board and don't instantly start offloading their shares

[ricric] 11/5/2020 07:37

Worst stock ever.
Its like dragging a puppy with broken legs.
Painful to watch.

[estseon] 11/5/2020 07:25

Sold down the river.

[goatherd] 11/5/2020 07:18

569,230,761 new ordinary shares (in two phases). But funded till Q4, by which time "the Company expects that it will be fully funded until Q4 2020, at which point the Company expects to have closed and received additional funds under the full project funding package for Tulu Kapi Gold Mines Share Company ("TKGM")"

So this could be the last dilution?

Much with RAB capital - who are, I think, a respectable hedge fund investor in small mining companies - not a death spiral outfit.

[lanty33] 08/5/2020 15:01

Delighted m8 .ATB ff

[bluebell7] 07/5/2020 19:47

Must have been a nightmare for you Tops, best wishes for a speedy recovery

[matthew stone] 07/5/2020 18:21

Best wishes from me as well.

[spartikas] 07/5/2020 17:29

Tops,
Best Wishes to you and your family!!