Kefi Gold And Copper Share Discussion Threads

[estseon] 01/10/2020 16:23

mlangton

the research note is dated yesterday. If you wish to feel more optimistic, the research note repeats previous advice by the company so it might be possible to assume that it was still on course when the note was written, if not when published.

So, if they would stop chewing the cud and shifting mountains of paper around and just get signatures down and cash moving, we might be able to put this nightmare behind us.

rob - I have read that the price of ammunition in the US has increased also and that is somewhat ominous. The main players seem to be gearing up for legal action over the result, whatever it is, and civil unrest could become rife. That could have a knock-on effect on the gold market.

[mlangton1] 01/10/2020 14:41

Did the Edison just come out today or I’m miles behind the times as per? GLA

[robjm66] 01/10/2020 14:38

Gold popped nose over 1900 again.

[digger2779] 01/10/2020 14:29

Will Harry's failure to deliver streak continue?

[theaviator] 01/10/2020 13:25

241 Laverys onto Crown then a Stranmillis sphynx kebab. It's a deal. Paying my way though! LolCan't be long...pretty confident here really. Never say never but good chance it's coming v soon...

[belfastboyo] 01/10/2020 11:19

Well Aviator if it goes the way I think it might I'll be buying drinks all night ?

[theaviator] 01/10/2020 10:15

I'll take you down the Crown for a pint if so Sir!

[belfastboyo] 01/10/2020 10:12

Well we are now in October so we will just have to wait and hope that Harry and the Board finally deliver the full funding closure so long promised. The current market cap of c40m will Hopefully then re rate to a much more realistic level...what that will be remains to be seen but yes 4p, 6p or even higher is entirely possible Imho (6p still only 120m value for Tulu Kapi + underground + license area + Hawaii + Jibal + license areas etc...billions in metal value in the ground so hopefully we begin the journey to get the mines built.

[robjm66] 01/10/2020 10:04

Easwarareddy shareprice will change on any news very quickly and mid to end of October sounds right for a multi bag though looks like we are coming out of a period of what someone described as "radio silence" with the Edison note.

TW is kind of a born again kefi believer recent coverage of kefi by him and the interview's and his recent topping up of his kefi investment shows he is putting his money where his mouth is.

[estseon] 01/10/2020 09:27

It will be news driven. I doubt that TW meant that the price would rise daily by increments in the absence of news. The daily movements reflect the balance of believers and non-believers. The believers have faith that HAA will deliver deeds in place of promises and the non-believers are those who have lost hope or are the executors of those who have passed from this world whilst waiting.

[easwarareddy] 01/10/2020 09:16

Given tw said he expects this to multi bag by mid to end of October and we've not moved.... I'm a little peeved. He seems to get a lot wrong.

[topicel] 01/10/2020 08:41

Out of whack or kilter, outer space is where this heads if the funding comes in as promised with no surprises attached that can cause negative sentiment.

The platform is set now it seems at 2p. Money comes in and we get the full go ahead this month and we have to re-rate in a similar way to the last five months, but probably over five days.

In May we were what, 0.6p? So people with a liking for the risk reward in the next 30 days can see potentially 6p imho. There will be some who start placing their 'bets' next week I'd imagine, if not today/tomorrow.

The consolidation has been good, if, as these periods always are, annoying. The value is there to exploit for all...

Topicel

[divmad] 30/9/2020 23:18

Yes, the "something's not right" that I posited earlier was me being a bit flippant when in reality it's the share price that will be out of whack with the current set of parameters, if and when the TK mine starts to throw off that free cash.

[divmad] 30/9/2020 19:17

Is that right? Edison is projecting a cash dividend yield from 2023 of 25% based on a target share price of 4.05p? Something's not right there.

[robjm66] 30/9/2020 17:25

Simms45 lse kefi board

RE: What can't Speak... Can't lieToday 16:48
i would certainly raise a glass to a yearly dividends of 1.62p/share between 2025 to 2028 as that is not far from the current market cap today and ties into what i saying earlier around the yearly net profit being in excess of our current market cap today. We are still in silly season valuation for Kefi. What the report does not allude to is that this is the NPV today not what Kefi is valued at when we are producing the gold stuff. Secondly Kefi is going to drill and find a hell of a lot more gold in and around TK and Harry has spoken of "Hub and Spoke" so other potential gold miners in the region could do a toll deal with TK to bring ore for processing so the mine life is likely to be realistically 20+ years. Also Hawiah has barely had its back tickled and there is a massive upgrade expected once they drill down and along strike so that it would be 2-3x current position. JQ is simply a quick 700k ounzes that we barely even talk about. The NPV today of 4p-8p is just the tip of the iceberg of its full valuation in 2 years time.

[topicel] 30/9/2020 16:53

Supposedly, lol Estseon, such dry wit.

Did HAA not even mention up to 70% for TKGM was attainable depending on the final decision/position with those ANS rascals?

But 60% would be a nice sub-headline slice within a funding package RNS just the same...

Topicel

[robjm66] 30/9/2020 15:20

Note now rnsed.

[robjm66] 30/9/2020 15:17

“To date in FY20, the company has instituted a programme of disciplined capital management, which we estimate has the ability to reduce its underlying cash burn rate to an annualised rate of £1.0m pa.“ Impressive that they can cut things back that far for now (admittedly with no drilling going on)pre deal but post deal knowing harry he will be working out how to explore Ethiopia and Saudia as quickly as possible.

Hope if kefi does go for accelerated exploration, current ordinary loyal shareholders get a look in with any deal.

[topicel] 30/9/2020 14:59

And if you're gonna be funding it and realise Kefi need money to keep chugging along, what would you attitude be?

Drag it out? Have your slice of bread ready as the gravy train stops by? Never happened before, lol.

If he doesn't want to go into hiding he had better keep any deal entirely separate from a placing this time...

Topicel

[robjm66] 30/9/2020 14:57

Thanks for the Edison note Paleje it seem more upbeat than usual. Think kefi will get more than it’s planned 45% of TK say between 50% to 60%. When TK gets the go ahead the the other targets in Ethiopia will follow (got to give those thousands of Ethiopians something to do).

Assume the next level targets mean further exploration areas in Saudi Arabia plus Jibal Qutman they seem to expect the Saudi targets will end up bigger than the Ethiopian ones in spite of kefi having a smaller share there.

[theaviator] 30/9/2020 14:56

Funding first then a rerate. No brainer

[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.