Kefi Gold And Copper Share Discussion Threads

[rich1e] 05/8/2020 19:09

Over on LSE, following Smellybens’s own suggestion to check his posting history, I only looked back a few days to find him introducing himself on the MCRO board, where he managed to squeeze, divi will be reinstated, rerate and bid, into what I assume, was his first post. So, it appears to be Kefi rampers that he has a problem with rather ramping Per Se. That’s good to know.

[digger2779] 05/8/2020 18:55

"For it all to go horribly wrong" lol....not with Harry Moses at the helm parting the Red Sea. Taking us to the land of milk and honey but hope it wont take another 30 years as we've already endured 10.

[rich1e] 05/8/2020 18:31

Putting any impact on the share price to one side, seeing as the Saudi RNS a couple of weeks back was of their own making, including the timescales, they need to be getting that out well before the end of August and its content needs to exceed expectations. Start as they mean to go on under promise and over deliver. Following the previous RNS recognising the plight of shareholders, it wouldn’t surprise me if this is what they have in mind, hopefully RAB and the new director have had a quiet word. We’ll see?

[robjm66] 05/8/2020 18:24

Thanks Uknighted.

So it could go horribly wrong or be above 4 pence on the “visuals”; but presently “worthy of some investigation”. “jumped across the Red Sea in 2019 to explore a few locations in Saudi” lol.

Article a bit unintentionally funny but least they notice the low production costs.

Good to see the resistance at 1.8 broken here and 2000 with the gold price.

All in all liking the visuals.

[uknighted] 05/8/2020 17:06

Interactive Investor 05/08/20

It was a surprise to discover that in addition to oil wealth, Saudi Arabia may also enjoy reserves of gold, silver, copper, and zinc. KEFI Minerals (LSE:KEFI), which is mainly focused on Ethiopian reserves, jumped across the Red Sea in 2019 to explore a few locations in Saudi.

What really caught our eye was their baseline cost of around $900 (£688.5) per ounce, on a day when gold finally exceeded the $2,000 benchmark! Kefi’s share price, trading at around 1.8p at the time of writing, is starting to show some reasonable potential.

In the event of the price next exceeding 1.88p, we’re looking for price recovery to an initial 2.51p with secondary, if exceeded, at 3.17p.

Either one of these numbers represents a surprising gain from the current share level.

Historically, the adjust price has traded substantially higher than at present and the visuals suggest closure above 4p shall be regarded as game-changing for the longer-term.

We mention this as, should 3.17p somehow be exceeded, we calculate a third target level of 4.1p.

For it all to go horribly wrong, the price needs to slip below 1p, retreating below the level of the blue downtrend since 2016.

We feel that sufficient early warning shall be given if anything is discovered that could take the share below 1.5p, as this threatens an initial 1.2p with secondary, if broken, down at 0.98p, meaning real trouble.

In short, Kefi is an interesting share worthy of some investigation.

[scrappycat] 05/8/2020 16:15

Topoicel,

I am not the slightest bit interested in getting one over you, or any one else. I post my opinions and thoughts, as ,I believe, I have a right to so do in common with all who populate these boards. What you choose to make of them is entirely up to you, as it is for any reader here.

[mister md] 05/8/2020 15:53

meanwhile Gold moving on up at USD 2051 :


Would be nice to see this close over the 2 p mark today.

[tim_the_trout2] 05/8/2020 15:48

please expand goatherd

TTT

[scrappycat] 05/8/2020 15:37

goatherd,

Very apt. Topicel is certainly the most arrogant and verbose poster I have encountered
in my 20 years of posting.

[scrappycat] 05/8/2020 15:27

harrisun,

Very true.

[goatherd] 05/8/2020 15:26

I have an epitaph for Tops

"He never used 10 words when a hundred would do"

[scars] 05/8/2020 15:15

A few traders bailing, hope they don't regret it later. pog 2045 storming.

[the charmer] 05/8/2020 14:54

These are a steal at this price. Word has got out. Only a matter of day(s) now. IMHO.

[scrappycat] 05/8/2020 14:26

You are entitled to your opinion, but, in my opinion, it is your argument that is flawed. You are thinking of the shareholders mainly, not the effect on the company. The company has yet to use any of its asset reserves, and those reserves look to realise a much higher price than they would have done if they had already been sold - maybe even twice as much. Given the continuing existence of the virus, world wide financial problems are inevitable, and the downside for Gold, in the opinion of all the analysts I have heard express an opinion on the matter, is pretty much zero for the foreseeable future.

[hraj] 05/8/2020 14:24

Initial target 2.2 to 2.4p.. beyond that yes a jump to 2.8p and 3p

[deanmatlazin] 05/8/2020 14:23

Chartist said 3p soon. 50% upside from now :)

[1deedee] 05/8/2020 14:21

Get em while they're hot

[the charmer] 05/8/2020 14:21

This has really exceeded my expectations this early on. I feel that the share price is reflecting that news is forthcoming. This is starting to really come alive!

[joeblogg2] 05/8/2020 14:18

well said harisun!! No one benefits if the rsource is not in production and Ethiopia needs the cash asap!!

[mister md] 05/8/2020 14:18

2.07-2.10 moving fast now. Exciting stuff.