Kefi Gold And Copper Share Discussion Threads

[taxlosstone] 05/1/2021 08:30

jaylett

I'm sorry that you're depressed. If it begins to lift & you do look for Harry's quote re a matter of weeks, I can save you a bit of time. It was not at the same time that he said something along the lines of:

We will not allow our determination to conclude the funding before end October 2020 to be deflected.

Hope that helps. :-(

[exiledweegie] 05/1/2021 08:11

For those of us with small kids, time has basically been frozen until Feb 22nd now anyway. Urgh.

[scars] 05/1/2021 08:02

3 weeks down, there are another 11 weeks in Q1, Harry may stretch it to the limit!

[philby1] 05/1/2021 07:50

Maybe he meant to say 'months'! :)

[peverill] 05/1/2021 07:27

Harry tells people what they want to hear,simple as.

[jaylett] 05/1/2021 07:21

Someone remind me please; what was HAA's comment where he used the word 'weeks' with regards to TK funding? I recall Q1 getting a mention, but I'm pretty sure there was also a reference to "coming weeks" or "next few weeks", however I'm too depressed to read through the various updates again. Ta.

[peverill] 05/1/2021 07:20

I would say it has bust a few.Harry out.

[riotinted_specs] 04/1/2021 19:49

Let us say BURST UP :)

[taxlosstone] 04/1/2021 18:23

KEFI share price is going to bust out. Really hoping that is a misprunt ;-)

[riotinted_specs] 04/1/2021 18:04

Welcome once again to those EUA and GGP top slicers - from multibagger to multibagger. Oh how I envy you

[riotinted_specs] 04/1/2021 18:01

From one of the most trusted global mining Chartists KEFI share price is going to bust out and it has been a longtime cominghttps://twitter.com/northst18363337/status/1346019557392199680?s=21

[riotinted_specs] 04/1/2021 17:58

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 January with agreed term sheets with 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. 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. Nor the surrounding 1000km catchment area where KEFI and where there is gold there is more gold. KEFI have painfully earned first movers advantage and pegging rights, and 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 Arabian-Nubian 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 2018 Nobel Peace prize winning democratic reforms. There has been added frustration associated with being the first public private mine in a quarter of a century; not least the bureaucracy of being the guinea pig for a sector to which the Ethiopian Govt are now highly committed.Also, the market has clearly yet to factor in KEFIs additional assets in the Saudi part of this Arabian-Nubian shield, which is looking like 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 with an initial PEA complete. And even more assays are to come as we uncover just how big and long this mattress is. And then of course there is JIBAL QUTMAN 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. 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 so for over 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 largest profitable copper mines. Incidentally those senior global players 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 impact on profitability. All at a time when the worlds copper supply is dwindling, demand is increasing and Saudi oil production is reducing. Hence the large government sponsored mining initiative. 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 multi trillion dollar U.S. infrastructure bill that was passed. And with Biden as President we will expect a lot more copper dependent green energy as well as a n even 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 from 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 set to move dramatically upwards and the copper price doing very well - it will be one hell of a ride. Welcome

[scars] 04/1/2021 16:18

POG having an up day, 2k on the cards again in the short term... Should help Harry's last push for financing!

[belfastboyo] 04/1/2021 11:38

The company today is valued at ONLY c£40m...yet for TKGM alone it has a potential NPV value of nearly $300m (Au $2k ounce @65% share) NOT including hugely prospective license areas in EG...NOT including world class Hawiah, Jibal Q and license areas in KSA...Once funding is completed for TKGM the share price will reflect this new reality imho....only a short few weeks until lift off I hope ?

[scars] 04/1/2021 10:13

2.09 to buy have not seen that since October! Enjoy the ride!

[scars] 04/1/2021 10:11

Lol Tops, I feel a fair amount of frustration in your comments and deservedly so!

I have not been invested watching for quite as long as you, hence the lower avg!

Saudi was one of the main reasons I started my investment in KEFI and think it has a larger long term potential.

[christopher logsdon] 04/1/2021 09:21

I'm very late into this I'm in at 2.2 will be very happy if I make 5................ or 20p. Lol

[topicel] 04/1/2021 09:21

Anyway, it is all about the gold price again no doubt. We'll be bought, albeit less so than a producer of course, with every 10 points on the dollar price.

There must be every chance of investors just seeing the name Kefi Gold & Copper and thinking little more of it when gold (and copper) fever kicks in again.

If we aren't at new all-time highs above $2,048 or so this month I'd be surprised.

Topicel

[topicel] 04/1/2021 09:17

Taxloss - there are more than four corners in Harry's circle though, as we have found to our cost. ;)

You must have averaged down a hell of a lot as my break even is still 15p or so...weirdly, HNY fever probably still, I too am not bearish short term either. I just wish some serious progress is made to actually give us hope Harry's no corner circle isn't also a black hole...

Scars, more bullish? He was 100% in 2019! You're not a footballer are you? "We gave 110%" ;)

Topicel

[scars] 04/1/2021 09:06

Not quite sure on your logic there tl! Just cross everything and hope Harry finally gets his act into gear, the plus is he has been a lot more bullish in his comments through the end of 2020!