Kefi Gold And Copper Share Discussion Threads

[mab] 14/10/2020 06:47

Caveat emptor ;-)

"Never buy the numbers, never buy the story, unless confirmed by price action. A stock can be fundamentally sound but not price-ready, meaning that supply and demand dynamics have not yet established the line of least resistance. A good company is not always a good stock."...mark minervini

[ccr1958] 14/10/2020 06:46

Thx Rio for post .. excellent...

[mab] 14/10/2020 06:42

brilliant post rio!

$1 billion dollars worth of gold / copper resources in Kefi when you consider tulu kapi/hawaih/satelittes and possible doubling of already monster hawiah resource. 40p easy achievable over the next 2/3 years if Harry can get the show on road and keep it on the road!

not without it's risks, shocks and further dilutions/capital raisings but that's investing in high risk aim companies in frontier countries.

[soilderboy] 14/10/2020 06:27

Great post and thanks for the breakdown.

[robjm66] 13/10/2020 23:44

Yeah i want to complain he should raise his kefi price target to 40 pence.

[theaviator] 13/10/2020 22:59

Apologies if this has been posted before.https://www.bloomberg.com/news/articles/2020-10-02/ethiopia-gold-exports-surge-after-crackdown-on-smuggling

[robjm66] 13/10/2020 22:56

hxxps://www.fanabc.com/english/ethiopia-eyes-attracting-500-overseas-mining-investments/

[robjm66] 13/10/2020 22:47

Thanks Rio.

[mattjwhity] 13/10/2020 22:29

Heart warming for the newbies, me included.Appreciate the time and effort to inform us of your opinions ?

[3690john] 13/10/2020 20:45

Rio GREAT post, thanks. John

[estseon] 13/10/2020 20:35

Thanks, Rio. Life might be worth living. I particularly like your 40p projection. I suspect that there will be a bit of a scary helter-skelter ride to get there.

[theaviator] 13/10/2020 20:15

Cheers Rio. Super post!

[riotinted_specs] 13/10/2020 20:00

To NEW INVESTORS. TULU KAPI gold mine formally received the green light from the Ethiopian government in November 2019. There are to be no more permits, environment, security and social considerations. The mine will open and we await final financial closure this October with agreed debt terms from two of the mightiest African banks. The EG are currently constructing critical transport and security infrastructure directly attributed to this mine. This includes roads, and an airport. The TULU KAPI mine - on its own - when in production will be the single largest export revenue generator in the fastest growing country on the planet. It's no wonder the Nobel Peace winning EG Prime Minister is directly involved and has his hands are all over this project. And nor is it a surprise that the military will be securing this very prized asset. The current declared TULU KAPI NPV is at bare minimum a 10-15x multiple of our current market capitalisation. This stock is grossly undervalued even when based on this single JORC Certified Gold asset of 1.05 million oz with AISC OF $800 per oz. The NPV, however doesn't take into account all the other KEFI assets. It doesn't take into account the phenomenal Saudi Assets which is what initially attracted most long term investors who are still here. Nor does it include the equivalent gold mining opportunity directly below the TULU KAPI mine with an additional 1 million oz of gold. And nor does the valuation include the surrounding catchment area where KEFI have first movers advantage and first pegging rights of refusal. And so when we look at subsequent Ethiopian mining phases there will be enormous cost efficiencies and increased profit margins due to the - in place - critical transport, military, mine and human resource infrastructure. Regarding humans, I have never seen a social contract so boot strapped. This has included a comprehensive and detailed family by family relocation compensation assessment. KEFI have gone well beyond the government declared remuneration requirement with what equates to life changing money to said community. So this is definitely not some dodgy, early stage fly by night, pie in the sky banana republic, exploitative mine with speculative AIM promises. It is rather a superb pre-production mining find, best explored and developed by an outfit both lead and full of Australians. The Aussies, as we all know are among the best miners this world has to offer. And for this shield / belt geology, they are, without question the very, very, very best and indeed the pioneers of such mining on their own land. This is the real deal, and it's been inching forward for near on 15 years. There have been all sorts of challenges and impediments, such as jurisdictional instability - now very much so resolved by dramatic, sweeping, Ethiopian Nobel Peace prize winning democratic reforms. The added frustration of being the first public private mine in a quarter of a century; the bureaucracy and being the guinea pig for a sector to which the Ethiopian Govt are highly committed.The market has clearly yet to factor in KEFIs additional assets in the Saudi Arabian Nubian shield which is looking that it will be upwards of five times what KEFI have in Ethiopia. In just 7 months of drilling the SAUDI HAWIAH asset has uncovered easily accessible, shallow depth VMS Volcanic Massive Sulfide. BIG mineral NUGGETS, incredibly rich in highly concentrated copper. As was quoted it's like a mattress on its side and the PEA is complete. And even more assays are to come as we uncover just how big this nugget is. And then of course there is JIBAL QOUTMAN also in Saudi - another 700K ounces of gold. This could fund all sorts of KEFI development and at very low cost - easy open pit stuff - just need to grab a shovel. It is important to pint out that Saudis are and will continue to be a much easier and less bureaucratic jurisdiction to deal with from a mining and resource perspective. Saudis are much more sophisticated and accustomed to such foreign investment and have been for a century in the oil sector. Here again KEFI have first pegging rights that far exceed the specific area currently being explored. Early findings have copper grades upwards of 5 percent. This grade is 10-fold to that of many, if not most, of the existing existing profitable largest copper mines. Incidentally those mines will now go deeper into existing pits at much higher costs and lower grade to that of what they are doing now. So the profitability of shallow depth combined with high grade copper has an exponential order of magnitude on profitability. All at a time when the worlds cooper supply is dwindling, demand is increasing and Saudi oil production is reducing. We are moving to an electrified world and away from fossil fuels. Exactly what Saudi Arabia needs and to note but a few examples.. electric cars, busses, and charging points, infrastructure, solar, wind and any renewable energy, the ambitious Chinese Belt and Road infrastructure initiative, and the recent bill that was passed for US rei-nfrastructuring. And if Biden gets in and you should expect a lot more green energy as well as a larger infrastructure investment.I reiterate my near term 6p forecast and minimum 40p within 15-18 months. I do not see any patience required for those that have invested in the mid to long term as we have this in spades. But for recent entrants, hold your position, then continue to hold - it will not be long now. And with the price of gold and copper - it will be one hell of a ride. Welcome

[richsmithsmith] 13/10/2020 19:54

This excellent writeup was in the telegram group earlier...credit to RioTintedSpecs (amazing piece of work)...As requested - to NEW INVESTORS.  TULU KAPI gold mine formally received the green light from the government in November 2019.  There are to be no more permits, environment, security and social considerations.  The mine will open and we await final financial closure this October with agreed terms with two of the mightiest African banks.  The Ethiopian Government are currently constructing critical transport and security infrastructure directly attributed to this mine.  This includes roads, and an airport.  The TULU KAPI mine - on its own - when in production will be the single largest export revenue generator in the fastest growing country on the planet.  It's no wonder the Nobel Peace winning EG Prime Minister is directly involved and has his hands are all over this project. And nor is it a surprise that the military will be securing this very prized asset.  The current declared TULU KAPI NPV is at bare minimum a 10-15x multiple of our current market capitalisation.  This stock is grossly undervalued even when based on this single JORC Certified Gold asset. The TULU KAPI NPV, however doesn't take into account all the other KEFI assets.  It doesn't take into account the phenomenal Saudi Assets which is what initially attracted most long term investors who are still here.  Nor does it include the equivalent gold mining opportunity directly below the TULU KAPI mine with an additional 1 million oz of gold.  The surrounding catchment area where KEFI have first movers advantage and first pegging rights of refusal is also not included in the valuation.  And so when we look at subsequent Ethiopian mining phases there will be enormous cost efficiencies and increased profit margins due to the - in place - critical transport, military, mine and human resource infrastructure. Regarding humans, I have never seen a social contract so boot strapped.  This has included a comprehensive and detailed family by family relocation compensation assessment.  KEFI have gone well beyond the government declared remuneration requirement with what equates to life changing money to said community.  So this is definitely not some dodgy, early stage fly by night, pie in the sky banana republic, exploitative mine with speculative AIM promises.  It is rather a superb pre-production mining find, best explored and developed by an outfit both lead and full of Australians.  The Aussies, as we all know are among the best miners this world has to offer.  And for this shield / belt geology, they are, without question the very, very, very best and indeed the pioneers of such mining on their own land.  This is the real deal, and it's been inching forward for near on 15 years.  There have been  all sorts of challenges and impediments, such as jurisdictional instability - now very much so resolved by dramatic, sweeping, Ethiopian Nobel Peace prize winning democratic reforms. The added frustration of being the first public private mine in a quarter of a century; the bureaucracy and being the guinea pig for a sector to which the  Ethiopian Govt are highly committed.The market is has clearly  yet to factor in KEFIs additional assets in the Saudi Arabian Nubian shield which is looking that it will be upwards of five times what KEFI have in Ethiopia.  Exploration has uncovered easily accessible, shallow depth VMS Volcanic Massive Sulfide.  BIG mineral NUGGETS in the  HAWIAH mine with incredibly rich in highly concentrated copper.  As was quoted it's like a mattress on its side certification expected in the very near term. And even more assays are to come as we uncover just how big this nugget is.  And then of course there is JIBSAL QOUTMAN also in Saudi - another 700K ounces of gold.  This could fund all sorts of KEFI development and at very low cost - easy open pit stuff - just need to grab a shovel.  And the Saudis are and will continue to be an easier and less bureaucratic nation to deal with from a mining and resource perspective.Saudis are much more sophisticated and accustomed to such foreign investment and have been for a century in the oil sector. Here again KEFI have first pegging rights that far exceed the specific area we are currently exploring.  Early findings have copper grades upwards of 5 percent. This grade is 10-fold to that of many, if not most, of the existing existing profitable largest copper mines.  Incidentally those mines will now go deeper into existing pits at much higher costs and lower grade to that of what they are doing now.  So the profitability of shallow depth combined with high grade copper has an exponential order of magnitude on profitability.  All at a time when the worlds cooper supply is dwindling, demand is increasing and Saudi oil production is reducing. We are moving to an electrified world and away from fossil fuels.  Exactly what Saudi Arabia needs and  to note but a few examples.. electric cars, busses, and charging points, infrastructure, solar, wind and any renewable energy, the ambitious Chinese  Belt and Road infrastructure initiative, and the recent bill that was passed for US rei-nfrastructuring.  And if Biden gets in and you should expect a lot more green energy as well as a larger infrastructure investment.I reiterate my near term 6p forecast and minimum 40p within 15-18 months. I do not see any patience required for those that have invested in the mid to long term as we have this in spades.  But for recent entrants, hold your position, then continue to hold - it will not be long now.  And with the price of gold and copper - it will be one hell of a ride.  Welcome

[estseon] 13/10/2020 19:45

Covid has made the signing of physical documents a complete nightmare.

[theaviator] 13/10/2020 16:26

..and you talk alot of it. What's wrong - Blue colour upset you?!

[divmad] 13/10/2020 15:58

Anybody who is in bed with the Chinese are asking for s h I t e.

[robjm66] 13/10/2020 15:43

Well Bashmore all the following only my best guess/opinion trying to read between the lines..
Possible negatives? I see kefi being a bit tight lipped since the Interims (on the 22nd of last month when they said things were still on track) as neutral as could be argued either that they are keeping quiet to avoid any last minute mistakes while finishing the deal are a bit busy or the schedule has slipped a week or two (anything worse than that and think news would have leaked).

Personally think we will get some news on the funding of TK this month had the Edison note the other day would kefi asked for the note if some news was not on the horizon would it make any sense bringing it out if schedule had seriously slipped?

Also had Harry breaking the news about the increase in mining revenue before the Ethiopian mining minister doubt he would have done that with out the nod from the Ethiopians first (would not make any sense risking upstaging them) suggests its a part of a push to big up the mining industry in advance of a development with Kefi.

Broker Branden hill that exercised warrants knows all about Kefi having worked with them if they expected bad news would expect then to have exercised all the warrants to take the money and run suggests that they anticipate good news and will sell a portion into that and keep the rest maybe in anticipation of Kefi getting JQ back or other good news in the future. hxxps://www.kefi-minerals.com/investor-info/analyst-coverage

Then you have the Webinar on the 26th probably planned to have that to big up good news. Timing wise would expect some news before the broker sells its shares and before the Webinar.

News might kind of drop in two lumps first details and outline of the deal then full completion around the date of the webinar either just before or after.

Mind you if the news that everything had been tied up with a neat bow came out tomorrow I would not complain.

(p.s not worried about what Harry is having for breakfast but would nice if he is having it in Ethiopia).

[robjm66] 13/10/2020 00:43

hxxps://www.ena.et/en/?p=17558
“According to him, a master plan, policy adjustments, and legal frameworks that strengthen the sector, register development, and ensure fair benefits of the community are in place.”

[robjm66] 12/10/2020 16:54

“Nice work if you can get it And you can get it if you try“

[digger2779] 12/10/2020 16:51

Rob - re warrants to Brandon Hill. £185k for doing what exactly? Think we all need to train as brokers.