Kefi Gold And Copper Share Discussion Threads

[robjm66] 19/8/2020 10:22

Well share price reaction disappointing so far today.

Think its often a bad move to release news on a Wednesday rather than a Monday or Tuesday though maybe this means they wanted to get the news out before a update on financing of TK.

RNS a bit dry “This maiden copper-zinc-gold-silver Mineral Resource is consistent with the guidance issued over the past few months”Maybe would have been better to restate the guidance more.

Kefi probably has a chunk of speculative money in it at the moment probably some people who do not even usually invest in miners going to look at today's announcement and say well looks good but what does it all mean. Plus going to be some that will simply wait for the PEA next month.

[robertjbeck] 19/8/2020 09:49

Why is ADVFN showing price as 1.9 pounds rather than pence. This app is going to the dogs

[joeblogg2] 19/8/2020 09:28

Good news today but looks like funding news needed to get this really going which surely cannot be long to go as must be a queue of backers with this amazing resource!!

[taxlosstone] 19/8/2020 09:22

Is anyone concerned that any alternative funding arrangements will have to be (brace, brace) rubber stamped by the GoE?

[scars] 19/8/2020 08:22

paying 2.08p!!!

[mister md] 19/8/2020 08:21

I'll sell my holding for 2 pounds per share then, if thats the case ;)

[goatherd] 19/8/2020 08:17

I am getting some lovely prices now - but they are based on a pound price rather than a penny price!

[robjm66] 19/8/2020 08:16

Highlights
• Maiden Hawiah Inferred Mineral Resource Estimate (“MRE”) of 19.3 million tonnes (“Mt”) at 0.9% copper, 0.8% zinc, 0.6 g/t gold and 10.3g/t silver
• Mineralisation remains open at depth
• High grade zones outside of current Mineral Resource, targeted in next drilling phase
• Internal Preliminary Economic Assessment (“PEA”) targeted for September 2020
Harry Anagnostaras-Adams, Executive Chairman of KEFI, commented:
“This maiden copper-zinc-gold-silver Mineral Resource is consistent with the guidance issued over the past few months and demonstrates the significant scale and quality of the Hawiah deposit.
“Despite a number of challenges brought on by the COVID-19 pandemic, our team has been able to deliver this initial resource less than a year after drilling commenced at Hawiah.
“The Hawiah deposit remains open and further drilling has the potential to result in a larger Mineral Resource in due course. We are particularly keen to test for depth extensions of the identified higher-grade zones.
“We look forward to the outcomes of the internal PEA, expected to be completed in September 2020. Our team is excited to be progressing Hawiah towards potential development and especially when the prices for copper, zinc, gold and silver are all increasing strongly.”

[robjm66] 19/8/2020 08:14

hxxps://www.kefi-minerals.com/files/announcements/kefi-maiden-resource-hawiah-19aug20.pdf Has pictures.

[scars] 19/8/2020 08:12

knowing KEFI, probably another sell on news day! You never know though, one day rodders!

[mister md] 19/8/2020 08:09

prices starting to appear now

[undertaker] 19/8/2020 08:07

no prices for me either

[bosbus] 19/8/2020 08:07

I'm getting no real time prices on ADVFN this morning. Is it just me?

[scars] 19/8/2020 08:02

2.02 to sell, why would you!

[scars] 19/8/2020 07:16

MRE 19.3m tonnes as expected.

[mlangton1] 19/8/2020 07:13

Maiden resource RNS out. Still think only funding will move us significantly but happy to be wrong. GLA

[czar] 18/8/2020 22:31

The reshuffle also saw the promotion of Engineer Takele Uma from the mayor of the capital city, Addis Ababa, to Minister of Mines and Petroleum.

KEFI is about to explode imho.

[bostanli] 18/8/2020 20:54

hxxps://ethiopianmonitor.com/2020/08/18/cabinet-reshuffle-installs-new-defense-minister-takele-uma-as-minister-of-mines/

[czar] 18/8/2020 19:33

I agree the funding is a game changer but I'm comfortable it is coming and will not sell out my shares at less than half the fair value. I guess its all a perception of what fair value is.

[jaylett] 18/8/2020 17:02

No Saudi update gets this anywhere near to 5p. What does is funding for TK, which still has question marks around it, hence there's some selling. The sellers could easily be 1-200% up, so it's not that hard to understand really.

[czar] 18/8/2020 16:33

With gold back over $2,000 and an update on Saudi this month, KEFI should be 5p so why oh why are these clowns dumping their stock at 1.85p, beggars belief!!

[joeblogg2] 18/8/2020 15:34

Day started out well, hopefully end better, Can't be long before someone commits funds here to get the mine going!!!

[riotinted_specs] 18/8/2020 15:31

5p for starters maybe not day 1

[mab] 18/8/2020 12:49

shortarm
noticed another share last week or so horizonte minerals that signed terms with big banks to go raise $350m over next 6 months to begin to finance a couple of $1.5 billion dollar nickel projects in brazil. 28y resource. just went up 30% on the day.

kefi being knocking on the 2p door for 1.5y now, so new highs should bring in some traders you would think. 4p area would be a good start for the long suffering shareholders :-)