Kefi Gold And Copper Share Discussion Threads

[billthebank] 09/7/2020 11:39

Trouble is with KEFI can drop really quickly

[philby1] 09/7/2020 11:25

Maybe money being shifted into Kefi from Eurasia Mining holders, it's up 60% today currently.

[pilkersa] 09/7/2020 11:21

If they can sort the funding out 5p seems a reasonable short term target

[digger2779] 09/7/2020 11:18

Nice to see a move up. So how much are you going to pay me to NOT buy any into this rise (although still need to average down) because in the past it always stalls and drops within a day or so.

[outlawinvestor] 09/7/2020 11:16

It would be helpful (or simply nice) to hear a plausible explanation for the change in sentiment...

The offer volume at 1.44p is currently 1.5m - solid resistance which if it clears might hint at something more than changing sentiment behind it.

[bostanli] 09/7/2020 11:13

Agree Rich 2.5p is the next leg-up,quick fire please!!!

[richsmithsmith] 09/7/2020 11:07

Short term... 2.5p min on the way the chart is setup. Long term... with the news expected and the gold/copper price where it is its anyones guess.

[outlawinvestor] 09/7/2020 11:05

You're alright Rob, we won't begrudge you for getting excited! We all know you've kept the faith!

[invest ted] 09/7/2020 11:03

I think he actually said 'if you want to turn pounds into pennies- buy KEFI' ;-)

[robjm66] 09/7/2020 11:01

To late Scars ;-)

[robjm66] 09/7/2020 11:01

Harry talked about ten twenty bagger Tom W talked about smaller multiples. Guessing game really what it could be on a replacement to ANS in Ethiopia or good results from Saudi.

Plus you sentiment around miners and gold changing or changed to a positive so could have people pilling in here on momentum or good news. Shareprice should still be a lot higher in my view but nice to see the price action today.

Plus long term kefi has a big exploration area in Ethiopia and could get more areas in the KSA.

[scars] 09/7/2020 10:51

Don't get too excited!

[hodhasharon] 09/7/2020 10:49

Anyone set a realistic price target?

[matthew stone] 09/7/2020 10:32

Is this finally it?!??!?!

[3690john] 09/7/2020 10:31

Looks to be on the move, not before time! John

[scars] 09/7/2020 08:52

Can't see POG going below 1800 for some time, most of the project costings are done on 1400, ROI looking more promising and I bet H is playing his talking game big time. The recent webinar he certainly had a bit more of a spring in his step, lets see if he can actually pull it off!

[the charmer] 09/7/2020 08:24

1606dane.

A share consolidation I feel, will occur here at some stage in the future to reduce the overall number of shares.
For example, that type of share consolidation would have no negative impact on one's holding as it would reduce ALL the shares held by the shareholders and when every shareholder gets affected no one loses out. No doubt the number of one's shares is lesser, but the percentage ownership and value of your investment remain the same.

AIMHO

[chopper harris1] 09/7/2020 07:15

Yes, it would be a bad thing.

They did a 17:1 consolidation in the not too distant past, since when the amount of shares in issue has risen at least fourfold.

Another consolidation might appear okay on paper but you’ll just be giving Harry the opportunity to start issuing loads of shares again. Before you know it we’ll be back to nigh on two billion shares in issue and diluted into oblivion.

[1606dane] 09/7/2020 04:16

Does anybody reckon a share consolidation is on the cards here in the not to distant future say of 10 to 1 and would that be a bad thing ?

[robjm66] 08/7/2020 22:00

Harry seems to be more serious about offtakes and forward selling this time topical and should be more easy to do with the specialist financiers and the much higher gold likely to mean selling at a discount to the current gold price but that will be countered by more ore being economic to mine at TK.

Just need everyone “to kick the tyres” as harry says ;-)

[1deedee] 08/7/2020 20:17

But obviously I hope everyone keeps safe and I also feel you tops with your son I don't want to second wave but but these viruses do tend to come like that

[1deedee] 08/7/2020 20:16

Nice to see gold above $1,800 an ounce bodes well for nvp and to be honest I think it's all about the gold if gold was a $900 an ounce no one would look at this $2,500 an ounce buy Christmas with a second wave of covid-19

[riotinted_specs] 08/7/2020 19:22

Tops, my understanding is that we are in a very favourable tax position and it would be greatly appreciated if one of our resident experts would comment. Ohh and I strongly believe the gold mine will open and in October it will ne all systems go. October 31st to be exact ....... Hawaii time at midnight.

[topicel] 08/7/2020 17:18

Of course Rob, that predicates we are actually doing that...

You and I are among those who recall that was the plan long before bonds, ANS and the like were even thought about. I accept the idea died a death because of the poor gold market around 2015/16 but it still was muted and breakeven then, again as you may recall, was around $850. It may still be, I don't keep up but I think costs have risen for the AISC etc.

And another thing long forgotten was how Harry used to price everything at $1250, then moved it to $1350 where, I believe, it still resides?

The point is the gold offtake idea is great if it is actually happening. So yes, the forward selling price would be better with each dollar today's price goes up. Have we any information on this that is solid, reliable and not a complete rip off out of future earnings.

I mean, like taxes, why not pay for the past, the present and the future with Harry. You know it makes sense ;)

Topicel