Kefi Gold And Copper Share Discussion Threads

[riotinted_specs] 12/2/2021 14:03

Hey Nico, we certainly do expect even more coming over to KEFI from both EUA and GGP. Frankly, I am surprised there are not more now. Both EUA and GGP have already made their massive upward move. Multibagger to multibagger just seems a no brainer.

[nico2020] 12/2/2021 13:02

How knows if KEFI is going to get funding news out before EUA release news about the sale price?

[katsy] 12/2/2021 12:49

sorry typo, being stuck, not sick. Anyway not too many greasy spoon cafes left I'm afraid.

[taxlosstone] 12/2/2021 12:36

Katsy12 Feb '21 - 11:34 - 9624 of 9626
0 0 0
Yes reminds me of those long summer holiday drives to the coast being stuck in traffic all the way in sweltering weather . Then we we finally get there the heavens would open up and we end up being stick in a greasy spoon cafe for two hours.

Is it just me that absolutely needs to know if Katsy would end up being sick in a greasy spoon cafe for two hours or being stuck in a greasy spoon cafe for two hours? ;-)

[belfastboyo] 12/2/2021 12:13

Amen Tops ?

[topicel] 12/2/2021 11:40

At least you got out of the car. Sometimes this journey is like the road to nowhere...

No point it even looking at the number plates of car colours - aka share price watching.

"I've just spotted 2.08"!

Let's turn that figure around by May please Harry and lead by an 8 ... 8.02 will do fine.

Topicel

[katsy] 12/2/2021 11:34

Yes reminds me of those long summer holiday drives to the coast being stuck in traffic all the way in sweltering weather . Then we we finally get there the heavens would open up and we end up being stuck in a greasy spoon cafe for two hours.

[belfastboyo] 12/2/2021 11:30

LOL ? Are we there yet daddy??? ?

[robjm66] 11/2/2021 14:09

Obviously a mistake of some kind.

[richsmithsmith] 11/2/2021 13:14

This is the quote Rob....---------Kefi Gold and Copper plc ( https://t.co/OySEujpXOm )The company changed its name during the year to Kefi Gold and Copper.Kefi Minerals is an exploration and development company focused on gold and copper deposits in the Arabian-Nubian Shield. Its main projects are Tulu Kapi in Ethiopia and the Jibal Qutmanand Hawiah projects in Saudi Arabia.Kefi have progressed with project development on their Tulu Kapi Gold Project in Ethiopia with road and power infrastructure construction underway. Security on the mine licence has also been established and the ore processing plant was completed. Funding requirements were brought down by over $20m from those forecast in 2019. The company are reporting the plans for mine start up in 2022 are still on track.The company is also progressing with work on the Hawiah copper-gold exploration licence in Saudi Arabia. Kefi entered into a JV with Gold and Minerals Ltd in June 2019, with Kefi maintaining operational control. A maiden implied mineral resource estimate of 19.3m tonnes at 0.9% Cu, 0.8% Zn, 0.6% 0.6g/t Au and 10.3g/t Ag are reported. Mineralisation remains open at depth with other high grade target zones undrilled. An internal PEA shows favourable production rates of 2m tonnes per annum over 7 years with capital expenditures of approximately $222m and operating expenses of about $46m. At current metal prices, this project could generate net operating cash flow of approximately $70m per annum for a total estimated net cash surplus of $200m before financing costs and taxes.Significant activities since year end: The company completed an equity placing for GBP3m in November 2020 with proceeds slated to be used for drilling and exploration on the Hawiah copper-gold project and general working capital.The company have also released preliminary drilling results on the Hawiah project where 3,600m were drilled over 6 holes. While assay results are still pending, mineralisation of chalcopyrite similar to previous drill holes was reported and sulphide mineralisation is reported in 5 holes up to 240m away from previously drilled holes in the Camp Lode zone.

[belfastboyo] 11/2/2021 13:05

I think the idea here is more to do with the EG gov. Getting control of small artisanal gold mining...and smuggling/selling gold...so more a move to get control for tax and export processes I think (which is a good thing I guess)...

[neilng] 11/2/2021 11:19

Rob I will ask the question at Kefi Q&A since the Starvest PLC accounts were signed
9 February 2021.

[neilng] 11/2/2021 11:15

Rob did you notice on the Starvest plc reference to Kefi (2nd para)the quote that
'the ore processing plant was completed'. What would you make of that?

[robjm66] 10/2/2021 23:20

hxxp://www.capitalethiopia.com/capital/ame-proposes-community-based-mining-at-qenticha/

[robjm66] 10/2/2021 23:05

Our primary investments in companies include the following:... Seems Kefi is one of their core investments.

[shortarm] 10/2/2021 20:32

IThink it was 1100

[belfastboyo] 10/2/2021 20:32

I agree with you on that sentiment Rio..& I genuinely believe Kefi could become a $1BN market cap miner in 2/5 years provided we get the mines funded and built and producing millions oz gold/copper/PGMs...I personally will continue to hold and buy until we reach what I consider "fair value" for my shares...a mere 0-7 weeks & we could be talking a major significant re rate to x2 or x3 just for starters...

[riotinted_specs] 10/2/2021 20:12

As a mid-term investor KEFI has provided me a not so great return at roughly 40% over 3,4 years. That is certainly not bad enough for me to justify a sufficient reason or need to warrant forgiveness. I mean this isnAIM after all. That feeling will, however, change sharply if we arrive at April and financial closure is not completed as expected. For now I do not even ask forgiveness from anybody not even the Ethiopian Government. Frankly, I am actually very pleased ANS are out so no complaint there either even if there has been added delay. They can F off - more for us. Nevertheless, I did not invest in KEFI for such meagre returns. The time has now come for KEFI to be a multibagger. And the timing - lucky or otherwise - is impeccable: an 8 year high in copper prices and a very profitable current price of gold which is far in excess of what was originally calculated for NPV. I believe that was 1400 USD.

[belfastboyo] 10/2/2021 15:14

Hi Rio...sorry I disagree. as a LTI I know the full history having lived through it. Frankly, Harry/BOD did a p!!! Poor job delivering funding & had to go cap in hand to (RAB) who then kindly took c12% of the company for a pittance, for which LTIs paid the price in dilution....but being brave I bought a huge tranche more at sub 1p so I'm broadly BE now...still I will forgive Harry/BOD IF they finally deliver

[riotinted_specs] 10/2/2021 14:13

Tight spread .... something cooking

[riotinted_specs] 10/2/2021 14:12

Yes but once again that was very unlucky timing for funding given the market crash. I mean with that rationale you could say that virtually every stock on the planet has been a multibagger since the COVID 19 lows. And I guess that would be true although many haven't recovered like KEFI. The real multibagging is very much ahead of us and has yet to be realised when you exclude this short term global blip over the course of the lifetime of this company.

[theaviator] 10/2/2021 12:35

Hi mate, still holding strong in oilie. It's starting to do my head in though!!!

[belfastboyo] 10/2/2021 11:01

Cooper only going higher imho...apparently to make petroleum/diesel car takes about 49lbs copper..to make an electric takes x4 the amount (nearly 200 lbs) and their are c260m petrol/diesel cars just to replace in USA...electrification depends on copper which is why Kefi is going to boom long term

[belfastboyo] 10/2/2021 10:58

Actually Rio it has multi bagged from c0.6p low At the last fund raising to 2p+...but I was not suggesting it couldn’t multi bag x10 or more from here if they deliver the funding and further good news