Kefi Gold And Copper Share Discussion Threads

[belfastboyo] 05/2/2021 13:26

I don't think it was an angry response Rob more a confused one as you can't have, in law, a binding declaration of intent...you can have a declaration of intent (non binding) OR a binding legally signed contract agreement...but it seems the gist of your question was answered in that Harry stated that ALL consortium members had in front of EG minister/gov. Pledged/agreed to close by March

[neilng] 05/2/2021 13:23

It was a good question and showed to me that Harry has passion in the project and thought it was a trick question. It could have influenced his other remarks about not nailing the financial figures down at this stage which I see as plan B.I think it was a good idea to follow it up with the question about Harry appearing annoyed and you got a response when it could have just been ignored.

[belfastboyo] 05/2/2021 13:21

Thanks for the great link Rob...Harry does indeed sound more confident every time for closure in March...assuming he is correct we should see imho a x2 or x3 re rate of current SP/market cap in very short order....bought more a week or so ago and may well buy some more while the stock is "on sale"

[shortarm] 05/2/2021 13:11

Proper sell attack one! Good to see they're still at it and shares are going to safe hands :-)

[katsy] 05/2/2021 12:54

2.6-3p by end of Feb. I know predictions are worth nothing, so why waste my time doing it. Human nature I guess!. Let's see

[robjm66] 05/2/2021 12:24

Commitment of Tulu Kapi consortium?
Q. In KEFI's recent Quarterly Update webinar, Harry Anagnostaras-Adams reacted very angrily to my question "Has the consortium for financing Tulu Kapi made a binding declaration of intent to the Ethiopian government?"
I can partially understand his response but my intention was to find out how far the promised (private) investments are binding on the government and whether they can simply be extended for another year. The real risk for us private small investors is that if the financing does not come by the end of March, then the share price will be much lower.
A: Please accept that the Chairman’s answer was not one of anger, but we trying to state clearly that the declaration of intent by the consortium was certainly sincere though not, at law, a legal commitment.

Posted 05 February 2021

[mesb48] 05/2/2021 11:52

Watched as many videos as I can too. Harry comes across as confident I agree, he’ll love the adulation as a trail blazer when TK finally happens. Got my question answered in the Q&A about the multinational being named, happy about that. Investing should be exciting and this definitely fits the bill now.

[robjm66] 05/2/2021 10:15

Do not see any wavering lenders Divmad feedback is that everyone was happy main area of any uncertainty seems to be local involvement that can be covered in multiple ways and will not be allowed to hold things up.

Politically government are going to want a good news story in the region and definitely going to want the income along with the launch of a mining industry.

Harry pushing hard now on the PR side as he sees this getting over the line next month.

[pennstreet] 05/2/2021 10:05

Exactly phil. He's supremely confident. He wouldn't have mentioned construction to begin shortly otherwise!

[divmad] 05/2/2021 10:02

Rob, I'm not being obstructionist. I really want this and Harry to succeed. I've watched many videos of him in recent days to gauge the measure of the man and task ahead and I really believe in his sincerity at this juncture. There's nothing more he can do to get this closing across the line now. It would give me more comfort if a few wavering lenders were substitutable by the two primary African banks mentioned, who have strong belief in the project not just on its own merits but for national and regional reasons. Maybe they will all sign on the dotted line, after further encouragement by the main lenders. encouragement.

[philby1] 05/2/2021 09:54

To Harry's credit he's not hiding, getting out there and promoting the company. He seems very confident, that last webinar was the best I've seen. I've added again too, seems a steal to me at these prices.

[taxlosstone] 05/2/2021 09:49

PennStreet5 Feb '21 - 09:39 - 9494 of 9494
0 1 0
He says construction to begin shortly after March. He can't be more clearer than that on finance being sorted!

It's all very well saying that he sounds confident but he's been confident many times before. Reminds me of the old expression "always certain, sometimes right". Unfortunately as he & many of us on this board have said before, he has no control whatsoever as to timing (& probably other things to). :-(

[pennstreet] 05/2/2021 09:39

He says construction to begin shortly after March. He can't be more clearer than that on finance being sorted!

[robjm66] 05/2/2021 09:35

Divmad 18.52...21.38...better to listen to full answer to question including harry saying Kefi will name some members of the consortium over “the coming month or so” that will helpful to gauge the level of commitment even if you are disregarding all the members aiming to get closing in March.

[pennstreet] 05/2/2021 09:25

Harry comes across very positively - finance is sorted it seems!! ;0)

[divmad] 05/2/2021 09:05

Whoever voted that post down isn't listening to Harry's answer to a specific question.

[divmad] 05/2/2021 08:56

So the gist of that little interview is that the banks, and Harry, still need the other consortium members to fully commit to every line item detail of the financing package by the end of March for closing to take place.

[robjm66] 04/2/2021 23:26

sorry found out this was on too late.

This 5@5 'African Mining Opportunities' was sponsored by Marenica Energy, KEFI Minerals and Predictive Discovery Limited, and was in association with Resource Global Network. It took place on Thursday 4th February 2021, featured a conversation between:

Guests:
02:34​ Tim Markwell, Head of African Funds, Lion Selection Group
06:25​ Alain Corbani, Portfolio Manager, Finance SA
11:08​ Harry Anagnostaras-Adams, Executive Chairman, KEFI Minerals
23:55​ Murray Hill, Managing Director and Chief Executive Officer, Marenica Energy
41:04​ Paul Roberts, Managing Director, Predictive Discovery Limited

This conversation included a market update, project showcases and a look at what investors are currently looking for in this changed market.

[belfastboyo] 04/2/2021 18:11

To understand just how fraudulent the comex futures market is re price "discovery" (don't make me laugh)...just go out and see how many gold ounces of real in your hand gold you can buy for $1790 oz...eh Zero, Nada, none...same goes for Silver...Best way to break this BS cartel is simply to buy and own physical metal...it's only a matter of time imho that this occurs as it is happening more and more

[charles clore] 04/2/2021 17:15

Nice update neil thanks for sharing

[belfastboyo] 04/2/2021 16:23

The oz of AU has not changed...it is still an oz of gold....the USD price of gold on the COMEX fraudulent futures contract has appreciated (momentarily) is all....anyone investing in the USD (or any Fiat currency) is very foolish given the Fed has destroyed its value by 97% since existence and intends to finish the job completely in the next few years of trillions of MMT...

[neilng] 04/2/2021 15:54

From the webcast 1 Feb 21 about 44 minutes

In Saudi Arabia we have gone aggressive to put pegs in the ground.
We are ahead of the pack, we have a huge database.

Our geological team is headed by the people who run the Barrick project at Jabal Sayid which is hundreds of millions of dollars.

I sent a question to ask if Jeff Rayner was still working for the business and the answer was Yes.

He didn't appear as Competent Person on the last three updates but he was on the PEA on the 22.9.20.

Could he be advising both but it looks as if Kefi is working close to Barrick on the exploration side.

[digger2779] 04/2/2021 14:17

POG taking a nosedive

[shortarm] 04/2/2021 12:30

Attack at 13:16 chaps - let's all sell at the same time.....Good luck with that lol!