Kefi Gold And Copper Share Discussion Threads

[jaylett] 16/7/2020 08:17

Saudi is the future and looks huge, but now we just need Ethiopia to come to the party with some funding and that'll be the present sorted as well.

[philby1] 16/7/2020 08:15

I always remember that Harry once said that he thought that Kefi's Saudi resources could be 'potentially mind blowing'. Looks like he was right!

[robjm66] 16/7/2020 08:14

hxxps://www.kefi-minerals.com/files/presentations/kefi-corporate-presentation-16july20.pdf


hxxps://www.mineprophets.com

Caught me on the hop though it does make more sense to drop the Rns then explain it more at the weekend.

[shortarm] 16/7/2020 08:14

Tried to buy a million first thing, couldn't even get 100k. Not worth bothering for less than that!

[bag158s] 16/7/2020 08:14

Very good news. 3P soon

[harrisun] 16/7/2020 08:14

mold. I mentioned them on EUA bb. The recent drop at Kefi was an ideal opportunity to pile in. I bought just 2,000,000 the day it crashed.

Can top slice to take my original investment, but on this one its a pot boiler as if and yet again AIM is always an IF Kefi got its act together it would go double into figures.

The delays upon delays here also provided the opportunity, but hope those delays now stop...

[shortarm] 16/7/2020 08:04

No volume available!

[bostanli] 16/7/2020 07:54

Rockets please, bit of a tease 7-30 RNS

[czar] 16/7/2020 07:54

Hive off the Saudi asset into newco, the value of this is way way bigger than Ethiopia, give one new share for every KEFI share at say 3p, and sit back and watch this grow.

[celeritas] 16/7/2020 07:46

Huge news for Kefi.

[mold breaker] 16/7/2020 07:45

Glad I bought these few days ago. Someone on the EUA BB recommended them!

[molatovkid] 16/7/2020 07:44

I am thinking the key here is:

1) Buy / hold now
2) Wait for 5 years
3) Get very rich

[edgein] 16/7/2020 07:41

That's a decent amount of Cu eqv in Saudi considering the market hasn't even priced in the gold assets yet:

"We look forward to releasing the initial Hawiah Mineral Resource in August and thus providing further confirmation that our valuable Hawiah deposit has the scale and grades for a potential long-life, profitable mine. At current copper prices, it is notable that the in-situ value of Hawiah is already likely to be more than US$2.5 billion."

Regards,
Ed.

[molatovkid] 16/7/2020 07:39

Edging towards something, not sure what, but success seems tantalisingly close.

What we seem to be being told is that this is a 20m tonne reserve and that's just for starters....

[matthew stone] 16/7/2020 07:39

Wow...took me by surprise with that RNS...maybe 50p isn't out of the question?!

[chopper harris1] 15/7/2020 22:12

Rio,

I can't make out if your post 4874 is tongue-in-cheek, or not.

You do realise that 50p a share equates to above a £900m market cap? Let alone a £1 a share or £2 a share (£3.6 billion market cap!!!!!)

And that's without any further dilution.

[riotinted_specs] 15/7/2020 21:55

Tops, with roughly 10 years of QE pre COVID and then all the unprecedented free money bail outs due to COVID - the preverbal is currently being thrown into the fan and when it hits, all FIAT currencies will devalue in relation to the only true money - GOLD. 2020 USD in 2020 3000 USD and rising commensurate with our gold mine opening. And that is a prediction !

[topicel] 15/7/2020 20:32

Well the financial crisis to create the QE conditions that drove gold and junior miners within a year or so. It was definitely moving in many miners by 2010 and then, as with all sweet treats, the market got sick having ingested too much.

Clearly the same is happening now and Kefi will ride that coat tail provided we actually fund the project. At the moment the QE underway will dwarf what's gone before and it should move into anything with, or linked to, intrinsic value.

But whilst I agree with the observation that a boom was underway 2009-11 and should reoccur now, it will most probably be accompanied by far worse general economic conditions. That could make gold related projects even more desirable!

Big caveat; we are not gold owners. We are not even gold producers. We are still categorised as gold explorer - with maybe copper too. Then, if there is an economic downturn the best idea is to have and own gold, not be in a junior mining stock as the paper is far from reliable.

All gold investors should understand that. The exposure to gold can be magnified through share ownership and/or ETFs etc., but that can also be its weakness if the sh*t really hits the fan.

As ever, neither event will be well signposted. No predictions, lol.

Topicel

[neilng] 15/7/2020 18:40

Rio, I like your style.Harry did say in 2011 turn a penny into a pound with Kefi.He forgot to mention the 10 years.

[riotinted_specs] 15/7/2020 18:26

So new money 5.795p after a 17:1 consolidation. That is to say there are those and rightfully so, embittered LTIs that have invested in excess of 1 GBP per share and then to add salt to the wounds dilution after dilution. Mister MD you are quite correct that there is frustration in this here bulletin board but one things for absolute certain there is gold in them there hills and at this price upside looks pretty, pretty nice. I say north of 5p with any positive funding news, north of 10p on funding closure this October north of 20p when Saudi Hawiah has official JORC certification, North of 25p with Hawiah PEA, North of 35p with further Ethiopian land first right of refusal. 50p on production of TKGM. 65p upon additional Saudi land mining rights. 1 pound upon commencement of production at TKGM. And for those that have invested at over a pound per share. I will say 2 pounds upon commencement of Saudi mine Hawiah. This way everybody is a winner

[jon9911] 15/7/2020 18:16

92 out of 203 trades today for 1000 shares or less (1000 shares = £14)
Same every day for weeks/months what is going on?

[topicel] 15/7/2020 14:59

Well the financial crisis to create the QE conditions that drove gold and junior miners within a year or so. It was definitely moving in many miners by 2010 and then, as with all sweet treats, the market got sick having ingested too much.

Clearly the same is happening now and Kefi will ride that coat tail provided we actually fund the project. At the moment the QE underway will dwarf what's gone before and it should move into anything with, or linked to, intrinsic value.

But whilst I agree with the observation that a boom was underway 2009-11 and should reoccur now, it will most probably be accompanied by far worse general economic conditions. That could make gold related projects even more desirable!

Big caveat; we are not gold owners. We are not even gold producers. We are still categorised as gold explorer - with maybe copper too. Then, if there is an economic downturn the best idea is to have and own gold, not be in a junior mining stock as the paper is far from reliable.

All gold investors should understand that. The exposure to gold can be magnified through share ownership and/or ETFs etc., but that can also be its weakness if the sh*t really hits the fan.

As ever, neither event will be well signposted. No predictions, lol.

Topicel

[mick1909] 15/7/2020 14:57

What do you see the share price price as fair value?