We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kefi Gold And Copper Plc | LSE:KEFI | London | Ordinary Share | GB00BD8GP619 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.02 | -3.17% | 0.61 | 0.61 | 0.62 | 0.632 | 0.61 | 0.63 | 33,336,463 | 16:26:32 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Metal Mining Services | 0 | -6.36M | -0.0013 | -4.69 | 30.29M |
Date | Subject | Author | Discuss |
---|---|---|---|
21/6/2020 10:30 | Heathrow expansion - 50-plus years? Lol. Topicel | topicel | |
20/6/2020 18:59 | hxxps://www.therepor This article (excerpts below), which is not about KEFI, confirms the country is making headway with required legislation to support PPP projects and reform their commercial code. It also highlights these things take time in Ethiopia. The Reporter has learnt that, the approved bill has been reviewed for more than 18 years with the participation of several professionals and legal experts. Another significant draft bill indorsed by the CoM in the same session, is the draft bill signed between Ethiopian government and CORBETTI, for a power purchase agreement. This particular draft agreement is believed to be a milestone for the country, bringing in the private sector in to the foray, for the first time. According to the statement released by the Office of the Prime Minister, this draft legislation will give the green light for Corbetti and Tulu Moye companies, to develop a 300MW Geothermal Power, in a Public Private Partnership agreement. At the event, Prime Minister Abiy Ahmed (PhD) said the conclusion of the Power Purchase Agreement with CORBETTI was finalized, having wasted many years to come up with an effective legislation such as PPP, Geothermal and Energy Proclamations, to support foreign direct investment and private sector participation for investment and technology transfer in Ethiopia. The Geothermal sector and skills in Ethiopia are critical to tap green, clean and renewable energy source to increase energy capacity, security and reliability of Ethiopia, he said. I guess better late than never but blimey, 18 years!!! | outlawinvestor | |
20/6/2020 13:52 | Thanks again Robert TTT | tim_the_trout2 | |
20/6/2020 13:15 | hxxps://www.kefi-min | robjm66 | |
19/6/2020 20:36 | Also, the final structure will look to source some offtake-linked subordinated facilities for the balance of funds required depending upon the final participation confirmed from Ethiopian institutions... ...Further, the various parties are confidentially engaging to finalise the structure with TKGM and with the approval of the senior secured financiers, for their participation in the companies below Kefi. These parties include local institutions and international mining-experienced investors and offtake specialists. | robjm66 | |
19/6/2020 16:46 | Cybaajak yep watched to the end and the first couple of times it was on the tv. | robjm66 | |
19/6/2020 16:35 | Good choice rich if I had any more money I would add gold is looking strong today been studying it over the weeks we could hit $2,000 an ounce by Christmas from Goldman Sachs | 1deedee | |
19/6/2020 16:32 | Topped up.Have a great weekend everyone. Hope you're keeping well. | richsmithsmith | |
19/6/2020 16:17 | Two projects within countries whose governments have come out supporting mining. Gold and commodities looking good for the next few years. Chart looking good from the beginning of the year, excluding the global blip. 15 million market cap, what’s not to like? | rich1e | |
19/6/2020 16:07 | robjm66... I'm in tears.. have you actually watched that.. till the end ? Just the actual humour entwined with irony.. and what we all expect from our social standpoint. Timeless. This old broom has had 17 new heads, and 14 new handles... <-- SPOILER ALERT !! | cybaajak | |
19/6/2020 15:51 | No ! Nonono. Thats like a deadline being met. Where Adams is involved, neevvvveerrrr gonnaaa happen. | cybaajak | |
19/6/2020 14:40 | We've had more triggers than an Only Fools convention. Be nice to see a procedure actually get completed at some point. | jaylett | |
19/6/2020 14:03 | Good post OutlawInvestor hxxps://www.mystoryb | robjm66 | |
19/6/2020 13:59 | Agreed Rob-star! In fairness, imagine if his headline was "$16m increase in funding requirement since Dec" LOL! There are some positives in the update: - FEED completed by Lycopedium; overall mining and on-site infrastructure costs are almost flat suggesting no new bottle-necks (nor efficiencies) were identified. - "the Ethiopian Parliament extended the deadline for the next elections by up to 12 months to August 2021"; potential source of delay to finance close pushed forward. - as many have mentioned we now know the banks involved. AFC is a solid development bank, active in the area, involved in quite a few projects with London listed miners. They pumped a big chunk of money in debt and equity into the Colluli Mine not far away in Eritrea. There's absolutely no concerns regarding their credibility. The shares have been trading extremely quietly today considering relatively higher volumes. I suspect people are holding fire till the next update. ps: Rob-star, not robster which in China is pronounced lobster! | outlawinvestor | |
19/6/2020 13:32 | “The 2020 Tulu Kapi Plan shows total funding needs of c US$221 million, which is US$21 million less than reported in the 2018 KEFI Annual Report of US$242 million:” Well agree a bit cheeky OutlawInvestor but costs still 21 million less than they were in 2018. “Over the past 12 months: o Estimated capital expenditure for infrastructure has generally moved within the range of plus or minus 5%” “Owners” costs “Owners’ Costs increased by US$4 million, namely: • financial compensation allocations for the community, due to the introduction of more generous regulations, and • a larger provision for the costs of training and other operational readiness preparations” these are costs that point to the mine being built in my view plus this is being more than offset by.. mix of the proposed funding sources.. a bank-loan based project financing proposal… selected proposal was from Eastern and Southern African Trade and Development Bank (“TDB”) and Africa Finance Corporation (“AFC”), hxxps://www.kefi-min | robjm66 | |
19/6/2020 13:11 | Hmm. That's not how I interpret it. Well, whatever. I remain in wait and see mode. I need more than this for emptying my pockets mode.Andy | andysand | |
19/6/2020 13:05 | Top class obfuscation and sleight of hand from the great Harry Whudonit. The headline shouts $21m in savings when in fact funding requirement is now $16m higher than the Dec headline ($221m vs $205m). Spin says "certain Owners' Costs increased by US$4 million" but total Owners' Costs have moved from $33.5m to $45m. Interest costs have moved from $17.3m to $19m. So there's a $16m shortfall to be filled (actual amount to be confirmed by month end) and there are new investors in the wings - "local institutions and international mining-experienced investors and offtake specialists." | outlawinvestor | |
19/6/2020 13:02 | Andysand "The senior secured financiers are fully engaged in achieving our timetable and the final details of the finance plan await confirmation of the level of commitment from Ethiopian institutional investors, which we still expect will be clarified later this month.” Still waiting on first trance from Ethiopian investors by which they probably mean ANS still expected this month. Final closing still expected in October. Significant that the banks are named show progress is being made and doubt they would have released the names of the banks unless the banks are happy with the progress... "senior secured financiers are fully engaged in achieving our timetable". | robjm66 | |
19/6/2020 12:46 | So, from these opening paragraphs, I deduce this,Funding is now hoped for in October and not the end of June. The rest of the RNS just seems like blah blah. But these first paragraphs seem pretty clear at least. Am I correct? KEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to provide an update regarding the Company's Tulu Kapi Gold Project ("Tulu Kapi" or the "Project") and its progress towards the goals of closing full Project funding in October 2020 and for gold production to commence in 2022.Harry Anagnostaras-Adams, Executive Chairman of KEFI, commented: "I am pleased to report that development and financing activities have been adjusted following recent operational and global events, and plans remain on schedule for project finance closure in October 2020, acceleration of construction in 2021 and gold production in 2022."After inputs from all Project contractors, last week TKGM has now signed off all capital expenditure, operating and financing requirements as the final 2020 Tulu Kapi Plan. These detailed and comprehensive Project updates and revisions were within expectations and show a reduced overall Project funding requirement. | andysand | |
19/6/2020 12:35 | hxxps://www.urbandic | robjm66 | |
19/6/2020 12:15 | This all sounds very encouraging, but after waiting 7 years or so, combined with the early-2020 RNS saying that all paperwork from ANS was complete and funds were "imminent" (which, of course, they were not) I can not get even remotely optimistic until that elusive RNS lands to say the first instalment is complete. It's the usual spin. The same old, same old. | sussexlibran |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions