Kefi Gold And Copper Share Discussion Threads

[deanroberthunt] 13/1/2021 14:55

how old was he Topicel? my condolences.

[topicel] 13/1/2021 14:22

I think I just soiled myself. Stop talking so dirty Rio.

I'll take, and be happy with the 3x and will be leaving the rest to others. Life, as we have been finding out, is too short for pipedreams. Brother in law succumbed to Covid Monday...one of 1,254 I believe.

Kefi can do as it pleases.

Topicel

[riotinted_specs] 13/1/2021 14:12

Agreed Goatie, it will be 3x in days 5x in weeks, 20x in 15-18 months and in 5 years I believe 50x would be realistic if not conservative

[rich1e] 13/1/2021 13:26

I would say get finance sorted and some momentum there is enough good news not yet in the sp, to make 10p achievable in a couple of months. There are examples out there, JLP was around 2-4p for years. 13p the other day, didn't take long.

[deanroberthunt] 13/1/2021 13:06

TULU KAPI - NPV @ $1700/oz Gold, £200m

SAUDI assets are larger, so all in developed ~ £500-600m give or take

[goatherd] 13/1/2021 12:48

Belfastboyo,

I think you left a "0" out. Surely you meant "x50"?

[deanroberthunt] 13/1/2021 12:46

I reckon they'll develop the Saudi assets before Ethiopian, but that would be positive.

[belfastboyo] 13/1/2021 12:42

I remain hopeful that we will get final and binding closure of funding for TKGM (finally) Q1 2021. My view is not based on Harry/BOD's past performance (which has been v.poor) but simply because it is in everyone's financial interest to get this mine up and running ASAP. Anyone selling now at this SP/valuation is a good thing as it gets rid of the weak hands. Kefi in a few years time will be valued imho at x5 or more these prices...but first they must deliver funding closure

[digger2779] 13/1/2021 12:41

Relax fellas it's only 2 weeks into Jan. We all know Harry lives in a different time continuum to the rest of us. It must also confuse the hell out of him having to travel to Ethiopia (they have a different calendar too), Australia, Cypress and blighty. On top of this he has to hone his wordsmith skills for the next blockbuster RNS and those webinars take a lot of effort.
After month's of waiting he's done a sterling job managing to get a consortium together when the rest of us plebs thought it was getting the funding done. Non binding term sheets signed by those with clout are better than those with no clout or are they?
What's not to like ... I may even buy some more in readiness for another consolidation as a couple of billion penny shares isn't befitting our man's lifestyle.

[topicel] 13/1/2021 12:27

Rob, I worry when you use the word/phrase "I doubt if..." in connection with anything to do with Kefi, and Harry in particular.

We have learnt the hard way he is as capable as a certain US president in twisting things around and maintaining things are rosy and 'a lot of people' are behind whatever it is he's waffling on about.

I won't look but I reckon you were saying "I doubt if" when Harry met with the Aussie/Ethiopian ambassadors in Perth for canapees etc. It always comes to nought.

Those battle of the bands on Radio Lux eons ago were fun. The Beatles always won, surprise surprise. Now if Harry could strum his guitar while relying on his webinar expertise.... quids in!

Topicel

[robjm66] 13/1/2021 11:59

Topical doubt if harry would sign up to that online “pitch battle” if he did not expect some good news this month though of course he could be relying on his webinar expertise ;-)

[deanroberthunt] 13/1/2021 11:20

and worth saying twice

[goatherd] 13/1/2021 10:25

taxloss,

Doubtless you would be correct if we were still bargaining.

But we are not. The bargaining is all done and dusted - all the parties have signed the term sheets, which, are, of course, non-binding.

They are all now doing due diligence (although I would hope some have finished). Once they are all happy they will all sign.

Its really rather like a chain in a house sale; everything depends on the speed the many party's solicitors work at. This ranges, of course, from slow to glacial.

Harry can do very little to affect the speed - the Ethiopian Government might be able to influence it a bit, if they felt inclined.

[robjm66] 13/1/2021 10:16

Reasons to pull the trigger are the reasons to do the deal in the first place but Harry and Kefi cannot really pressure huge international companies too much if at all.

Think the companies that are interested in dealing with kefi are probably just as interested in Saudi as Ethiopia so progress there could also help progress in Ethiopia.

[robjm66] 13/1/2021 09:57

Taxlosstone not going to need every penny of the funding up front going to need it in stages dependent on the stages of the building so will not be just one date when all the money lands in a account.

Financing works out cheaper that way.

From previous RNS "Approval and execution of detailed finance documentation"
• Receipt of Project equity/subordinated debt subscriptions
(senior debt drawdown follows in H2 2021)

I would be happy if we get everyone signed of on the documentation as once that's done we are on our way and we should know the all the counter parties.

[taxlosstone] 13/1/2021 09:44

Genuine question ....Are you expecting the next RNS to state that every aspect of the funding now signed & sealed with absolute dates for the delivery of the money? Thanks in advance.

[robjm66] 13/1/2021 09:37

Joking apart if they can get a mine off/out of the ground in Tigray its possible where we are.

[robjm66] 13/1/2021 09:01

We could be second cab off the rank :-(

hxxps://www.newswire.ca/news-releases/east-africa-provides-update-on-ethiopian-development-818134206.html construction of mine in Tigray.

hxxps://eastafricametals.com

[robjm66] 12/1/2021 22:35

hxxps://minesandmoney.com/online/agenda/#day-3

"Mining Pitch Battle Contest – Nevada Exploration, KEFI Minerals, Tempest Minerals, Impact Minerals" bit like battle of the bands but for miners?

[1deedee] 12/1/2021 17:12

I hear you Belfast if we're all going to be gloomy tens of thousands of companies going bust and filed for bankruptcy just this few months, gold will definitely hit new highs this year

[bashmore] 12/1/2021 17:04

Fully expecting it to go nuts when Harry delivers the news soon, I would imagine we might see some significant buyers after it gets further de-risked.

A lot of the trades marked sells today were actually buys (I can see mine wrongly listed)

Looks like this may have been the last chance for people to pick up 1.8, couldn't believe that little dip. Strong end to the day which is positive.

Charts looking in a happy place now. MACD nicely curled, sellers are out, buyers coming in again, should be a nice start to 2021

[rich1e] 12/1/2021 16:03

Strong finish into the last half hour