Kefi Gold And Copper Share Discussion Threads

[goatherd] 30/12/2020 12:59

One thing we can hold onto:-

No one has yet announced that they are not proceeding with the financing as if they had we would have had to be told.

[belfastboyo] 30/12/2020 10:18

I don't think we will hear anything new until after 7th Jan (Ethiopia Xmas)...we would not want it now as market is dead...better it comes in NY.When funding completion is legally signed and binding the fireworks will begin...4p+ likely imho...maybe even up to 5p...where we will likely hit resistance...by end 2021 Dec I'm guessing PGMs will be much higher & Kefi could be 10p+ subject to progress in EG and KSA (Hawiah/JQ) again imho

[robjm66] 30/12/2020 09:40

Should have news out of Saudi soon apart from anything out of Ethiopia more drilling/grade results along with any rewards of licence areas (JQ?).

Likely to be a busy January.

[pennstreet] 30/12/2020 09:24

Thanks for that TLT. GLA

[chopper harris1] 30/12/2020 09:08

PennStreet (8505)

Absolutely none, IMHO.

[topicel] 30/12/2020 09:03

I'm starting to get deja vu with all this reporting on what the Minister of Mines is saying and doing.

Rubber stamp anyone?

And in the spirit of these times, and with Astra/Oxford coming to save us all, Happy New Year à tous, we kinda deserve it...

And equally in keeping with tradition, forecast for 2021 share price. I will be exceedingly brave and optimistic and offer 5p, involving delays, dilution and Harry's head if it doesn't come to pass. :)

Topicel

[pennstreet] 30/12/2020 09:01

What are the chances of getting news this year ?

[robjm66] 29/12/2020 22:56

hxxps://www.ena.et/en/?p=20116

Ministry of Mines and Petroleum revealed today that it has opened 22 mining and 5 petroleum sites as well as 3 service areas for investors....

[robjm66] 29/12/2020 21:47

Was not me Neilng maybe they were not big Stanley Unwin fans.

[robjm66] 29/12/2020 16:46

Has to be Neilng as Magnus pointed him out to me.

[neilng] 29/12/2020 16:13

Rob
Could you check your Ethiopian data source to confirm if Stanley Unwin is the Mining Minister?
Thanks
neilg

[digger2779] 29/12/2020 15:33

rob- think something lost in translation a bit like our wafflemeister.

[topicel] 29/12/2020 15:27

Revenge process is a bit harsh, eh ;)

Harry's for it this time if he can't get his resource grabbing underway as promised - sorry Goatie, as hoped for! Lol.

Topicel

[belfastboyo] 29/12/2020 11:02

Plus most of this Orior Capita (and others) valuation assumptions were/are based upon $1,800 USD AU...which I believe is highly conservative for 2021/22/23 gold & PGM prices. anyone believe more trillions USD deficits & stimulus magic money tree printing is NOT going to continue for some time??? I will follow Jesse Livermore advice & hopefully make money "sitting" on this one

[belfastboyo] 29/12/2020 10:57

Just a matter of patience and time before Kefi multibags imho. Ultimately, we shareholders own a portion of this company whose assets in the ground are huge...190k p.a AU ounces TKGM with huge mineral license area potential (65% or more)...AND KSA assets/Hawiah/JQ etc...Orior Capital report states "valuing Kefi as a production asset..& further dev. At Hawiah could underpin a valuation of 12.3p/share

[topicel] 29/12/2020 10:12

We could be doing a lot worse I suppose, depending on where you took a punt in 2020.

Not all goldies have gotten away with upside. ALTN started the year at 50p and by July or so was just over 300p. I see it has reversed to 100p again since, an awful time to have got on board...Maybe they had some consolidation or other 'structural' issues that caused it?

In contrast we are recovering little by little which is good, if probably all about speculation on the latest of Harry's timetable 'estimates'. The time for gold to really break out is nigh, or is everything going to be about Bitcoin and the like in 2021 and gold, as ever, be viewed as the arcane relic?

Even $2,000 a family seems to not really move the dial anymore...

Topicel

[scars] 29/12/2020 09:04

Definitely some interest brewing 3 of Harry's "weeks" gone could be an interesting start to 2021.

[richsmithsmith] 29/12/2020 08:57

Share price broken out to the upside... Source;https://twitter.com/Northst18363337/status/1343842025553195009?s=19

[rich1e] 29/12/2020 08:54

Seven million shares traded in fifty minutes?

[scars] 29/12/2020 08:15

2.07 being paid... back to 2.5 before news would be good