Kefi Gold And Copper Share Discussion Threads

[paleje] 30/9/2020 14:32

He'll stoop as low as he has to uma, but hopefully not until after he's announced project funding as promised in a few weeks time.

[theaviator] 30/9/2020 14:31

Nice try! He won't.....dyor

[paleje] 30/9/2020 14:12

Edison note out today, paid for admittedly but:-

Valuation: 4.05p rising to 5.62p; potentially 8.18p

We calculate that Tulu Kapi is capable of generating free cash flow of c £65.2m a year (cf £48.8m previously) for seven years, from 2022 to 2028 inclusive. This, in turn, drives average (maximum potential) dividends of 1.62p/share for the four years from 2025 to 2028, which values KEFI at 4.05p/share when discounted back to FY20 at a 10% discount rate. This confirms a current value for KEFI of £75.6m or US$97.0m (cf £46m and US$59m previously), based on Tulu Kapi alone. However, it excludes any beneficial interest for KEFI in TKGM above the originally planned 45% and also the value of the pipeline of targets in the KEFI portfolio. In the event that KEFI is ultimately successful in increasing its beneficial interest in TKGM or leveraging its cash flow from the open-pit mine into the underground deposit and its other assets in the region, our valuation increases to up to 8.18p/share. We estimate that Saudi Arabian and other ‘next level’ assets potentially add a further 5.38–17.8c (4.19–13.87p) to this. In the meantime, investing in KEFI at 1.99p should generate an IRR to investors of 25.6% pa over nine years in sterling terms.

[neilng] 30/9/2020 12:11

Could you repeat that in English please?

[belfastboyo] 30/9/2020 11:22

In my inbox this am peeps the ever brilliant incrementum gold report...where they see Gold heading to USD $4800 at the end of this decade or up to $8,900 if inflation strikes hard....hmmm...so should I be selling my Kefi shares valued at £40m today? Eh I don't think so...think I'll hold for a few years and see us finally getting these millions of gold, Cooper, silver ounces out of the ground and how plays out to "fix the massive current valuation disconnect"

[shortarm] 30/9/2020 09:36

I think you'll find he's liaising at all levels with the government of Ethiopia and several banks as well as mining financiers.Other than that, yeah - nowt....Lol

[lhoskins] 30/9/2020 09:26

True, I'm also invested there. I think the wait here will be worth it though. Not long now.

[robjm66] 30/9/2020 09:07

Probably no Divmad,though kefi could say something like they have narrowed it down to one or two preferred deals. On the other hand still would not be surprised to see some term sheet details rnsed “soon”.

[matthew stone] 30/9/2020 09:04

Still keeping the faith here (just), but it's hard not to try to imagine what the management team at Ariana would have achieved with the opportunities we have here....

[lhoskins] 30/9/2020 09:01

Harry said 6 weeks about 4 weeks ago so we just need to have a bit of faith and patience.

[topicel] 30/9/2020 09:01

Trump won't condemn the White Supremacist group the Proud Boys.

Translation - He wants their votes.

Harry won't show us photos of a road to nowhere that exists, or electric pylons/cables being installed.

Translation - Because they might attract some bad people who will interfere with public works.

Both are talking out the side of their mouths.

In our case there is no secret that we are building a mine, is there? Won't the bad guys already know...?

Never mind, we will have our funding with no accompanying dilution, we're all agreed on that. We have so many choices.

Topicel

[theaviator] 30/9/2020 08:57

Try to relax a little bit Divmad, he said October. That leave him around 31 days in my book. Let's give him that space before the share holders revoult eh... lol

[divmad] 30/9/2020 08:42

So, it's the end of September. No LOI funding package? Anyone surprised?

[robjm66] 29/9/2020 16:29

Talking lse the answer is no it is not up to date last updated 18th if June.

dsrt2012

Posts: 3,022

Price: 1.975

No Opinion

is this up to dateToday 16:20
hxxps://www.kefi-minerals.com/investors/capital-structure

[lhoskins] 29/9/2020 14:17

OK will have a look and do a bit of research. Thanks.

[theaviator] 29/9/2020 14:05

Can't be too long. Some superb posts chaps. I can't compete as simply haven't been here long enough and riden all the rnss and emotions but Easson, (spelling?) Rob etc please keep them coming. The knowledge on here is really quite something and yes much better than LSE. Appreciated.

[robjm66] 29/9/2020 13:59

Yes Lhoskins recently listed over here but going nearly twenty years in Australia.

[lhoskins] 29/9/2020 13:41

Is that Castillo copper?

[robjm66] 29/9/2020 11:55

hxxps://www.cheapflights.com.au/flights-to-Addis-Ababa/Melbourne/


Joking apart Harry could already be in Ethiopia think he mentioned something about how special arrangements could be made in one of the interviews to get him back into Ethiopia.

Think part of the problem is that kefi has multiple possible deals, hope there is not too much haggling for the perfect deal rather than just for a very good one.

Actually chances have improved overall for a deal covid in Ethiopia has kept low and elections were approved by Ethiopian parliament.

Probably no better time and conditions for doing a deal than now.

[gregpeck7] 29/9/2020 11:53

Sorry for off topic. Out of interest any of you chaps noticed ccz? Only just ipo?d but incredible drilling results so far and looks like they have found gold now as well ( while drilling for copper ) prospects in Australia look particularly good....Not on many radars as only just listed so thought I would put it out there...

[divmad] 29/9/2020 11:26

Unless Harry issues an RNS saying that he is boarding a plane bound for Ethiopia next week, it looks like Simms45 is going to be disappointed next week, along with many other PIs. What the f....is wrong with this project that it cannot attract multiple serious international project funding partners, and for Harry to state that it is simply a beauty contest now?