Kefi Gold And Copper Share Discussion Threads

[theaviator] 05/10/2020 16:06

Hi Katsy, good to see you. All well? Codes galore flying if you noticed? Trade it sideways etc..tut tut

[katsy] 05/10/2020 15:58

Was thinking of buying in here, then the MM go and give a .25p spread.

[theaviator] 05/10/2020 14:44

A 350 and rest a little higher. Oh well. Fingers crossed...

[theaviator] 05/10/2020 14:23

Should be a million shares show up in a bit ;)

[bluesbeater] 05/10/2020 14:00

Is Harry in Ethiopia? Should be in quarantine for a couple of weeks before the deal is sealed. Anyone know?

[edgein] 05/10/2020 13:43

Charles,

Agreed and good luck too!

Regards,
Ed.

[charles clore] 05/10/2020 12:45

Ed - I have had a good deal of profit from EUA and am leaving the rest in for the endgame. I only have 2 other investments now - KEFI (added another 250k just before typing this message) and Ariana. Thanks for the summary above. I agree with you on the finance but if that comes good this will be a great runner imho. It all hinges on that. Best wishes.

[scrappycat] 05/10/2020 08:47

News relating to the PEA on SA is due in the near future, at the very least.

[edgein] 05/10/2020 08:40

Charles,

Good man. There's lots of potential from the Saudi assets, in particular the simplicity and low cost of JQ. A simple heap leach oxide operation that could be in production for as little as $5m equity from KEFI (assuming they can get 75% debt. That could significantly boost TK revenue streams. Personally I now see higher upside on KEFI and hawiah than at EUA so as of recently I no longer hold EUA. What a run its been and I hope you fellas can milk it more in the future.

You're perhaps a little too bullish on EUA's reserves though. The 1.9m oz with significant upside is world class, however the reserves are all indicated, the flanks 13m oz and up to 40m oz isn't tightly drilled to at least a 50m grid to get it into indicated. Its all inferred. So the upside on EUA given its current cap is what folks think a big player will pay for inferred. I hope you guys have a great potential bid for the asset, but the risk for me at today's cap makes me see others as a better bet.

For example Hawiah is already at $2.5bn contained metal and they're only down to about 300m, the entire strike is open at depth, and along strike too. This is only one of KEFI's targets. EUA aren't the only one to have world class assets. Also TK isn't exactly small either as they think with the underground it'll expand to about 3m oz plus surrounding targets too. Key short term drivers here are financial close (obviously) but also progress on JQ and the monster in the room, next phase of Hawiah drilling targeting the high grade areas to see how deep they go. Yeah it may not match EUA's x50 from its low etc but could to x10-20 for those that stay for TK and JQ production and full expo of Hawiah (providing it doesn't grow too large, you just never know with a VMS how deep it will go)

Regards,
Ed.

[theaviator] 05/10/2020 01:23

https://www.gold-eagle.com/article/inflation-–-dow-index-50000-and-gold-price-50000Interesting

[robjm66] 04/10/2020 17:51

Well Theaviator you could try walking out with one and if you get caught say that's what's you thought they were. Be a first if someone goes to Costco and gets one of something probably against the unwritten rules or something.

[theaviator] 04/10/2020 14:23

Sure they aren't the vat free chocolate ones Rob? Lol

[belfastboyo] 04/10/2020 10:06

I think this time it will happen...all the stars are aligned I think...Gold 1,900, money printing galore, mining funding available and Ethiopia desperately needs to get USD/foreign exchange reserves..a few years ago 1 ounce gold was worth c30k ETBs now worth 70k ETBs as example...

[lhoskins] 03/10/2020 22:14

Be on the Champagne if Harry comes up with the goods.

[1deedee] 03/10/2020 20:40

Sent from my phone sorry about spelling had a few beers

[robjm66] 03/10/2020 17:23

hxxps://www.moneysavingexpert.com/news/2020/09/thousands-of-british-expats-face-uk-account-closures/

[jlwilliams] 03/10/2020 12:10

I read the other day that UK banks will no longer be able to provide accounts (not sure whether that means all types of account or not) after 31 December, because of they will no longer be licences. So I am sure all banks will be same, no idea about broker, I think there are different rules for them.

[kelotoni] 03/10/2020 11:15

I live in Portugal with a UK bank account and have recently switched to Interactive Brokers hxxps://www.interactivebrokers.co.uk/en/home.php who offer services worldwide.

[charles clore] 02/10/2020 22:52

Hi David I trust you are still holding your EUA for the big prize

[topicel] 02/10/2020 22:29

Thanks for that info digger.

Interactive Investor are ok with you being in Spain then? You've traded recently?

The thing with Barclays was their change to an all-encompassing investment vehicle package called Smart Investor which took folk like me, who only were with them under Barclays Stockbrokers, and plonked them into this new set up, linking all kinds of other investment opportunities.

I never really cared what they were offering as I just wanted to trade, but since Brexit and official old age (well, work pension) I've been reducing my exposure to shares because it is too variable. That is except for the losers, of which most know Kefi has been one for moi.

Anyhow, what Barclays have effectively done is frozen this Smart Investor and said my only option is to transfer to another service provider who have not taken the decision to restrict holders to those with a UK address. If that might be II then I would be more than happy to open an account with them and instruct Barclays to transfer my holdings across.

I'll be blowed if I will sell them at this point just to suit Barclays, I'd rather take a paper cert! Presumably II are not too fussy who they take on whereas Barclays (and Coutts I hear, lol) are...

Topicel

[theaviator] 02/10/2020 20:17

Lol ccr. This a super BB and more to the point we all think going to prove a super investment. Charles..Re sitting on hands. Yes if find the right share..90% of aim shares are tripe and that's an understatement and the problem. Many perfectly tradeable but few investable. Kefi I believe will turn out to be an investment. Hope so..come on Harry!!!!