Kefi Gold And Copper Share Discussion Threads

[robjm66] 25/11/2020 08:28

Think he has dyslexia like me except I often miss whole words out or find I have repeated the same word twice or what I have written down is not the same as was in my head. As for grammar that’s an elderly relative.

However main point that kefi is massively undervalued is a fair one and anything in the shareprice to reflect Hawiah which is likely to be several times the size of TK?

[estseon] 25/11/2020 08:18

Hope that his predictions are better than his spelling.

[robjm66] 25/11/2020 08:15

Extract from posativevibes lse kefi board
“Placing at 1.6 for 3m was looking to gain in there investment. Currently undervalued as we await money in the back and the herd investor says il believe it when I see it.

TK funding shortly in the bank and construction to follow.

Hawaai worth 2.5b in the ground and to be expanded shortly

Plus JK 700k Oz gold

Massively undervaled with the news that will re rate KEFI su”

[rich1e] 25/11/2020 07:08

In my view due diligence is hardly going to highlight the political risks to the TK investors, surely, they knew this already. Though it may slow the process. Due diligence, might well mean outlining the future relationship. You’ve got party A a mining financier, party B a ftse listed industrials company and Kefi. Now party B could be a soft drinks manufacturer, but there’s also the chance that they do a spot of mining themselves and, like us here, they would welcome the Kefi share price to be 12p a share, in their case so that they could add a 30% premium and get the deal past their own shareholders. They couldn’t get 15p a share past their shareholders now, and they would get not knocked back offering 5p. So, help out delivering value, getting the show on the road, with assurances that you’ll be listened to in future. But what for, just TK or the whole lot, how does future exploration factor in? Where does party A fit in? What about other parties with interests in Kefi assets? So much to discuss.

If, Kefi’s assets are to be worth 20p, 30p, 40p a share in the future, then in effect they are worth a big leap in that direction now, to someone with the money to develop them. When we find out for sure who the funding partners are, we might get a better idea of what the future looks like. Just my thoughts. Have a good day all.

[robjm66] 24/11/2020 23:51

hxxp://theeconomiccollapseblog.com/archives/the-u-s-dollar-is-being-systematically-destroyed-and-we-are-on-a-path-that-inevitably-leads-to-hyperinflation

Had various talking heads and western media make idiots of themselves over the Tigray conflict (bbc and Guardian the worst) while Russia and China manoeuvre to take advantage.

hxxps://tass.com/economy/1084901

hxxps://news.cgtn.com/news/2020-11-24/Virtual-seminar-held-to-mark-50th-anniversary-of-China-Ethiopia-ties-VFI5oiE0EM/index.html

hxxps://www.ena.et/en/?p=18913

China and Russia a example of "buy when there's blood in the streets" western diplomacy seems to be an example of if we talk really loudly and slowly (bit like a an British tourist abroad)the natives will understand and do what we want.

Probably harry by helping the mining industry get off the ground is doing for Ethiopia than all the western diplomats put together Peace prize for harry there are worse choice's

edit hxxps://foreignpolicy.com/2020/11/24/ethiopia-tigray-war-endf-tplf-abiy-ahmed-federal-government-not-morally-equivalent/

[topicel] 24/11/2020 20:36

Obviously the market expects any 'reset' button to be pressed that involves crypto and leaves gold behind...

On the face of it, that is highly likely in the West, but what matters is the East. I doubt if they'll be so accommodating in any such change in how the dollar is supported when they have been stacking gold this last decade.

The problem is the vaccine(s) does give the markets a boost as we are seeing and adding Yellen to his team as Treasury Sec. is a super smart move to placate Wall Street that the dollar will be back in favour. That is all bad for gold, and no matter what has been said about the trillions in debt, it has never yet proven accurate.

I'm not concerned as we have copper too and any rampant recovery will need it. I just don't like the signs for gold and TK, quite apart from the cold feet over the Tigray situation that is as certain as night follows day.

Nobody will invest while that is ongoing. It needs the UN on the ground imho to calm everyone. Maybe Biden's first big reintroduction of US forces overseas?

Topicel

[belfastboyo] 24/11/2020 18:45

An aside...don't you just love the markets? One month ago Bitcoin at c10k GBP now c14.4K...Yet gold down over same period...hmmm...so money printing is "good" for Bitcoin but "bad " for gold...I smell a Comex/big bank cartel rat ? but it won't hold...

[robjm66] 24/11/2020 17:36

Thanks guys, well I have probably taken my eye of the ball a bit with Saudi distracted by Ethiopia and TK. Looking at Saudi though kefi can make suggestions about new law now till 30th November KSA will accept mining applications this December and will have new mining law by January.

hxxps://www.technicalreviewmiddleeast.com/construction/mining/gulf-mining-sector-comes-of-age

hxxps://www.technicalreviewmiddleeast.com/aaccpp/DigitalMagDownload/TRME_5_2020.pdf#page=14

hxxps://www.gccbusinessnews.com/saudi-arabia-to-have-new-mining-investment-law-by-jan-2021/

hxxps://smenews.org/proposals-invited-to-improve-saudi-mining-sector-laws/

hxxps://ajel.sa/english/saudi-arabia-is-accelerating-reforms-amid-global-standstill-investment-minister/

[unionhall] 24/11/2020 14:43

Ditto, rob - great links.

I hadn't opened them first time round so thanks also to glenalmond for reposting.

[glenalmond] 24/11/2020 13:06

🧐😜🤭

[robjm66] 24/11/2020 13:00

maybe they meant 20 20 vision probably need those x ray specs they used to advertise to get 20 30 vision or maybe one eyeball bigger than the other...

[glenalmond] 24/11/2020 12:49

"As part of Saudi Vision 2030" - from the first link and "Vision 2030 and the National Industrial Development and Logistics Program" from the expanded article.

[glenalmond] 24/11/2020 12:48

robjm6623 Nov '20 - 08:52 - 7912 of 7945
0 0 0








page 30,31

Drilling in KSA now.

Great links rob, thanks for those. Interesting to see Saudi's with this Agenda 2030 thing too 😱

[katsy] 24/11/2020 12:30

Probably just the bucket shop broker moving shares around.

[belfastboyo] 24/11/2020 11:26

Will be interesting to see who any new shareholders are if/when a TR-1 form comes soon? If they go above 3% holdings as a buy that is...

[belfastboyo] 24/11/2020 11:21

2 buys for 33m each at 1.60 (placing price) so yes expect this is related to that...

[robjm66] 24/11/2020 11:17

Shareprice up early after some poor sentiment yesterday if they were both sells would have expected a five to ten percent drop.

[robjm66] 24/11/2020 10:11

Anyone know if the two large trades were buys or connected to the placing?

[belfastboyo] 24/11/2020 09:03

Agreed Shortarm...ultimately, I believe the TKGM funding will be closed (soon) and Hawiah and JQ will be move forward to development as they are fantastic assets. I also think gold/PGMs will be much higher in 2021/22. current market cap at c30m is a fraction of future potential and this gap will be bridged sooner than later as good news arrives. it's been a long and painful 8 year wait but a x5 or more move is possible here imho in the next 12 months if it goes well

[shortarm] 23/11/2020 19:57

It's the way to a happier life! ;-)

[richjj] 23/11/2020 19:50

Yep Belfast I’m more of a glass half full then half empty chap.

[belfastboyo] 23/11/2020 16:40

Agree with you Rich...all we can do is wait and hope that these RNS stated actions are delivered as set out...if so, then the market will react very quickly to readjust to a more realistic market value (many times over current share price level imho)...the end of Q4 is fast approaching so let's see what happens in the coming weeks...I have waited years for a ROI here so a few weeks more makes no difference to me.

[richjj] 23/11/2020 16:12

Rightly or wrongly I’m still focusing on the published short term time table set for this year from Kefi to deliver i.e. “Q4-2020 Milestones: Tulu Kapi funding details confirmed by/for all consortium parties, Tulu Kapi district exploration licences granted, Hawiah deeper drilling to report orebody extensions”.

I’m impatient like everyone else on the funding confirm need etc but their intentions are still “in play”.