Kefi Gold And Copper Share Discussion Threads

[belfastboyo] 01/2/2021 19:50

Hi JLW, well I certainly believe 20p is possible at some point...but hard to put a timeline on it...too many variables...I too am heavily invested across my SIP, ISAs and fund shares...as the old saying goes...from your prayers to gods ears...as an LTI I have no intention of selling below 10p but may take a little off the table should we go north of 10p...but I will be holding for several more years I'm sure to see where this goes

[1deedee] 01/2/2021 18:33

Just listen to brr webner one thing particularly i like was the starter homes the kit home and outbuildings ,plus money given to the locals don't forget these locals will be working on the plant and spread wealth bring on March ,here we go good luck o should be an interesting couple of few weeks and months

[riotinted_specs] 01/2/2021 18:32

No Katsy I cannot not comment. I have bitten my tongue just too many times with your posts. Apologies but your boilerplate opinion is sort of the opposite of what will happen. When the news comes this share will rocket. I know you are new to KEFI, but one must understand this share could not be more tightly coiled. There will be so many investors seasoned, new, people coming back in, traders or otherwise who will hop on board. And the LTIs won't jump ship after waiting so long because that would be insane.It will go to 6-7 in two days and a minimum of 15 by end of year.

[jlwilliams] 01/2/2021 18:20

belfastboyo, perhaps i've been here more than 10 years then, well before TK was ever heard of
here...

my challenge is that basically 100% of my sipp is now in kefi as I have averaged down, and thank goodness I did. b/e is about 5p... hence i wont even think about disposing of any before 10p.... although i would like to try and trade with a proportion of them. but 20p, x 4, I will be done and dusted, with sipp basically in cash from thereon. I would like to be able to take income from it.

[belfastboyo] 01/2/2021 17:37

Hi JLW, I've been here since Nyota so 10yrs+ it's been a long and brutal wait..(whether via stupidity or bravery) I kept buying more as the share price fell as I always felt there was great opportunity here...so I'm B/even and ready for this to rocket soon. one day in 2/5 years this could be a $1BN+ company as the assets are outstanding and I intend to hold for a long period and see what happens growing

[taxlosstone] 01/2/2021 17:20

You guys are euphoric but I cannot help feeling a bit down. If you knew me well you would understand that I cannot afford to lose friends. ;-) From this deal is so good, we want it all to the money is in escrow to serious bankers do not tie up liquidity in non-interest bearing accounts to these are seriously influential & wealthy individuals to they are good friends to they have burnt too many bridges. Goodbye dear diluting friends. :-(

[topicel] 01/2/2021 17:04

I agree Rob. That price must be the minimum on what the anticipated earnings/valuations on $1700 gold, and by end of March we could be over $2,000 again.

The usual (lol) thing to happen is an overshoot of valuation when it is confirmed the project is going ahead and funds are lodged.

10p? That is the kind of rally/surge that can occur.

Topicel

[philby1] 01/2/2021 16:59

Once funding is confirmed I believe the share price will surge. As you say Rob so much potential in Hawiah plus the potential licence areas in both Saudi and Ethiopia too. Funding for Tulu Kapi imo will unleash a huge amount of interest in the Kefi story and everyone will want to be in on it.

[robjm66] 01/2/2021 16:51

Think we will see more than 5 6 pence and earlier than end of year considering the speed of hawiah expansion and further licence areas in Saudi.

[katsy] 01/2/2021 16:28

I suspect the next 6/7 weeks will see the price run up to 3p then when funding news is confirmed (for which Harry sounded it was a sure thing) there will be a sell on news effect but the price will be steady and hold with new buyers balancing the sell on news crowd. Then given the reserves/resource if timings go to plan, should see 5-6p EOY.

[scars] 01/2/2021 15:42

Volume has definitely taken a positive step up though and changed trend!

[scars] 01/2/2021 15:41

Interesting to hear Harry basically say he didn't say "weeks" a few weeks ago, and now it is "almost" definitely finally done by end of March. Barring an AOG or "one" document not signed!

[bostanli] 01/2/2021 15:40

Listened to a few of these webinars over the years and this one is probably his best!, clear and concise, lots of info that indicates a great future for Kefi and all shareholders, big volume today so lots of interest, just a few daft sellers, onwards & upwards to all Kefians.

[riotinted_specs] 01/2/2021 15:05

Nice volume today - onwards and upwards

[robjm66] 01/2/2021 14:09

Been through the Webinar again pretty clear that kefi/harry unlikely to delay anything significantly either for big or local investors. Local investors going to get a take it or leave proposition over this week after that kefi will have multiple options to close the deal.

[topicel] 01/2/2021 13:57

He, like most of us perhaps, wants 80%. If it means last minute tweaking to bigger off-take slices and so on, so be it.

But if it is a deal staller, then is it worth it? The number one priority is to get cracking. The need to raise capital will be here soon enough and we want to see a better share price before it is done.

Or hasn't he learned that lesson? Of course the bigger investors want 80% too, as he said, and that in itself would be a reason. But either way he has nailed his colours quite publicly to the March mast with a final certainty that TK will be underway by May.

The old 65% of something is better than 100% (or 80%) of nothing comes to mind.

Where are the Gamestop mob when you need them? Lol.

Topicel

[shortarm] 01/2/2021 13:38

Little attack at trailing stop losses there?

[robjm66] 01/2/2021 13:13

TTT 18.36- (19.18) does say already got one signed up could mean to invest however unlikely to cover whole amount as later Harry mention's 65 to 80 percent kefi ownership and others invited (could mean signed up as being interested?) papers still being tweaked presently though. Previous guidance is “assuming no investment by local Ethiopian institutions, KEFI will own c.75% of TKGM. However, at this stage we are assuming 65% KEFI ownership for the presentation of Project economics so as to err on the side of caution.”? "Final answer (on percentages) when everyone sign up"...

Mentioned later that local subsidiary of one of the big companies counts as local investor maybe that explains it? I also missed some detail that the offtake company gave permission for them to be named but Kefi do not want to do so at this time. 4.30 in “offtake people signed term sheet given authority to be named judgement of board best to go a little further down the track” before naming everybody just to be cautious.

[jlwilliams] 01/2/2021 13:13

belfastboyo - Harry seemed to think they would come sniffing when we have got going, and then, in addition, have identified yet more additional resource.

Long term yes, it's obvious. And i would think it's likely to be sooner
than perhaps Harry would wish... Us too perhaps

I would like to sell at 20p myself, been here 10 years....

[gibrewog] 01/2/2021 12:45

Thanks for the posts Rob keeping us all updated. It all sounds very promising so hopefully things will really start to move sometime in March.

[tim_the_trout2] 01/2/2021 12:36

Thanks for the posts rob

Around 19 mins into the broadcast Harry mentions they have already got another local investor signed up to replace ANS.


TTT

[robjm66] 01/2/2021 12:24

hxxps://webcasting.brrmedia.co.uk/broadcast/600b03dbea090471deaf6564

Kefi webinar now on website.

[belfastboyo] 01/2/2021 12:02

I agree...I don't think it is an imminent event but as a LTI I think the end game for Kefi Plc will be when a large suitor comes knocking on their door...likely 2022 or 2023 but let's see..."he who lives by the crystal ball should learn to eat broken glass"...

[scars] 01/2/2021 11:53

Saudi is still the game changer imo, and will probably need someone bigger to get involved to handle the scale. Hoping Harry is thinking the same, although there is probably a fair amount of clout in the Saudi JV already getting someone else involved will shorten the timeline.

[jlwilliams] 01/2/2021 11:51

belfastboyo - Harry was asked about that, he downplayed it rather but seemed to think the big boys would wait until more of the donkey work is done.