Kefi Gold And Copper Share Discussion Threads

[goatherd] 08/1/2021 09:01

Surely the funding date is completely out of Harry's control?

He has agreed terms with several companies. They have signed term sheets. They are doing due diligence. How long that takes is up to them, any attempt by Harry to push them could even be counter-productive. And the time required is that of the slowest.
No one will sign until all sign.

And does the odd week here or there, or even the odd month?

I would be very nice to have first pour in 2021, but is there really all that much problem if it is mid 2022. Well not to me, though at age 85 perhaps I am tempting fate.

Of course none of the above applies to traders - and I am talking investors.

[scars] 08/1/2021 08:34

If the funding RNS "actually" lands in Q1 I will be happy.... Either way anyone selling now would be silly unless they are betting it will not land in Q1.

[katsy] 08/1/2021 08:26

I would always take "completed in the coming weeks" as the next few weeks, not 3 months

[jaylett] 08/1/2021 08:22

"We are on track for the principal outstanding Ethiopian Project financing-related matters to be completed in the coming weeks, with financial closing and the start of development planned for Q1 2021, leading to the continuing goal for the start of gold production during Q4 2022."

All of the weeks in Q1 are the "coming weeks". I would honestly place zero value on that specific use of words, given who they came from. Sorry to disappoint you, but he didn't say "few".

"Planned for Q1" is the bit to focus on, meaning there is an expectation but no guarantee that funding is secured by the end of March. You have to really read what HAA says and sift out the pony. Well I say sift; it usually requires a shovel.

[scars] 08/1/2021 08:02

Thinking on the same lines Katsy, he surely cannot put out another delay RNS so should be doing anything and everything to get the financing over the line. There is a great deal of expectation here and anything but finalising will knock the share price back and probably lead to another fund raising.

[katsy] 08/1/2021 07:56

So after Harry's few weeks announcements on the 11th Dec. I wasn't expecting any news between that date and the 11th Jan. So I would say if it's now not completed before week ending 22nd Jan I will start to be concerned. So for me it's make or break in the next 10 trading days.

[robjm66] 08/1/2021 00:03

hxxps://www.mining-technology.com/features/saudi-arabia-mining-investment-law/

Q and A session vice minister mining

[jaylett] 07/1/2021 20:27

Tea leaves and signals from the Ichi-knacker are all well and good, but the only thing moving this upwards significantly is TK funding.

[marnewton] 07/1/2021 17:46

As if to emphasise resistance, we've had two long-legged dojis (indicating indecision) on the trot.

The trend very obviously remains up, as shown by the rising 8 day ESA, which we've remained on or above since 30th November.

The 8 day ESA crossed above the 21 day ESA on 10th December, one of the best buy signals.

The 50 day SMA is flat, and hopefully, about to turn up.

The 200 day SMA has been rising since early December.

M

[taxlosstone] 07/1/2021 17:22

I am not a violent person Tops but if we fail to get the funding RNS in the next few days ......In Harry We Thrust. (just a play on words, not a genuine threat). ;-)

[scars] 07/1/2021 17:17

Tops, builders... hate them!

Always charge too much for what they actually do.
Never do what they say they will do.
Nearly always ask for money up front to do what they are not going to do.
Nearly always have a stream of insolvent companies with people chasing what they haven't had done properly.

My golden rules is don't pay them until you are happy!

Most of the time now I do a better job myself, says a lot for the quality of British builders now.

[robjm66] 07/1/2021 16:14

Research the builder see how long it’s been about is he presently working somewhere else or chasing a contract maybe if you can be a pain he would pay up to settle the matter. Pity watchdog is not still around this would be right up their ally.

[taxlosstone] 07/1/2021 16:12

gdavies27 Jan '21 - 16:07 - 8639 of 8641
0 1 0
I’ll say that I’ve never considered getting someone to fix something that they didn’t know how to do right in the first place.

You're not a Kefi shareholder then.;-)

[gdavies2] 07/1/2021 16:07

I’ll say that I’ve never considered getting someone to fix something that they didn’t know how to do right in the first place.

[topicel] 07/1/2021 15:55

I did say 'short version, obviously'. :)

No idea from you then Goatie?

Topicel

[goatherd] 07/1/2021 15:13

Good old Tops. Always uses 1,000 words when 50 would do! :-)

[scars] 07/1/2021 14:49

The question is for so many that have been waiting so long.... would you even think of being out when the news finally drops!

[belfastboyo] 07/1/2021 14:46

Happy to sit & wait to see the news on TKGM funding. If and when we do hear any major good news which is perhaps only days, or weeks away, then imho we could see a quick re rate to 4p, 5p or more. I am amazed to see some peeps selling their shares at these levels...like selling your house for 1/3 or 1/4 of its "real/underlying value"...when with a little patience you might get x2 or x3 better...but each to his own I guess

[topicel] 07/1/2021 14:30

Someone is watching the price movements then Rich1e!

Buying on the dips seems a canny move if they believe the funding announcement will be imminent.

Sorry for use of the 'i' word.

Topicel

[rich1e] 07/1/2021 14:18

Make that 15 million?

[rich1e] 07/1/2021 14:01

11 million traded, I think that I posted last week that there was 7 million by 8:45 on a quite festive day. And so I wouldn't worry too much on share price action alone, unless you like worrying about share price action. In which case the mm's will welcome you with open arms,whilst filling those after hours trades.

[scotty1] 07/1/2021 12:35

Possibly hear of funding news next week,seems to have been some stake building over the last week,today is Christmas day in Ethiopia so back to normal next week.