Kefi Gold And Copper Share Discussion Threads

[rich1e] 17/2/2021 12:28

You can also sell a substantial amount at that price Divmad if you test it out

[robjm66] 17/2/2021 12:27

Kefi first in line for Saudi licences

Aim-listed Junior Kefi Gold and Copper is looking to build is presence in Saudi Arabia following the approval of a new mining investment law in the middle Eastern nation at he end of 2020.

Kefi first entered Suadi 12 years ago and - according to CEO Harry Adams the journey to date has been mostly “a pretty slow, frustrating experience”.

However, recent efforts by the Saudi government to overhaul its legal system-culminating in last years investment law as well as a number of changes to the countries 20004 mining code- have breathed new life into the sector.

Law firm CMS said the mining investment law reflected “a contemporary approach to the mining sector in the kingdom and in our view will encourage more mining and exploration fro,m outside or within the kingdom”

Kefi is clearly encouraged. Drilling which began in 2019 yielded a maiden resource at the companys Hawiah project in august 2020, and Harry Adams is keen to increase the companys exploration in the coming months.

“We expect to be the first company - or among the first - to be granted licenses for exploration under the new regs where only last month the portal opened for applications to be launched” said Harry.

“Its actually busting open now in Saudi Arabia and that sort of blooding - if we can put it that way - of having been there for 12 years and learning the ropes and building a team and building our database and understanding the geology, that investment of that 12 year period appears to finally bearing fruit” he added.

Kefis Saudi efforts are being undertaken in parallel with the development of its Tulu Kapi project in Ethiopia , on which Harry is confident of tying up financing by the end of March, with production due to kick off in the December quarter of 2022.

[katsy] 17/2/2021 12:23

Hope it's not Harry, what with travel restrictions, none of us can take out revenge on him.

[divmad] 17/2/2021 12:18

There's a size seller at 2p. I can buy at least 1.5mn there in one go. Hmmm.

[rich1e] 17/2/2021 12:10

Weekly resistance has to be about 2.15p, some way off that at the moment

[readyforcrash] 17/2/2021 11:59

'Volume picking up' only because the price is reaching the weekly resistance. Can we talk about something pessimistic like a guy who mentioned Harry doing an impression of a street gardener in Beverly Hills. Of course we shouldn't make assumptions because Harry might just have landscape gardening on his CV as one of his pastimes.

[robjm66] 17/2/2021 11:53

Copy of harry interview about Saudi mining licences.

[rich1e] 17/2/2021 11:41

Volumes picking up and the spread's tightened?

[scars] 17/2/2021 11:38

bots all over it controlling price moves.

[katsy] 17/2/2021 11:32

Despite all the buying, this is still dropping. Must be a large seller in the background

[you for coffee] 17/2/2021 11:27

Should have sorted out whether the locals are investing (or not) by now.

[rich1e] 17/2/2021 11:09

Put names to those finance partners tomorrow before the open, it'll be 3p by a quarter past 8. We'll all feel a lot happier.

[scars] 17/2/2021 11:03

Should being the operative word!

[jaylett] 17/2/2021 11:02

Just another month or so of this interminable share price drift to endure, and then it should be fireworks time. Guidance from the company couldn't have been clearer; finance signed and sealed around the end of March, building work underway by May.

Bring it on.

[katsy] 17/2/2021 10:33

Anyway just to let you know the trades at 2.03p are buys.

[belfastboyo] 17/2/2021 10:28

Couldn't agree more with you on that Katsy...but we are seeing signs of physical demand starting to swamp their scheming...ultimately there is less than 1oz gold today per inhabitant...institutional ownership of gold is under 1/2 of 1% of assets...at some point soon with trillions debt, MMT, negative yields etc...and massive cash flows from producing miners the tide will turn and turn so quickly many will be caught unaware

[katsy] 17/2/2021 10:19

Belfastboyo I think all gold bugs will agree with you, but as for comex unraveling, people have been saying that for the last 20 years but the deception just gets stronger and stronger. Given that 40% of all dollars ever created has happened in the pass 12 months, gold should be at $2200-$2600 /oz but we all know it's a rigged market.

[belfastboyo] 17/2/2021 10:17

Commodities are entering a super cycle imho & we've only had about 5 or 6 over 200 years...PGMs will shine as will copper and hit new highs in nominal terms certainly...Kefi has huge assets covering thousands km2 of proven resources and reserves...just need to get the mines built to start huge cash flows...hopefully weeks away from this happening...and BOD/Harry finally delivering

[belfastboyo] 17/2/2021 10:12

No Katsy, more correctly the Crimex wants everybody to believe Nobody wants gold except the Chinese, Russians, Indians, Iranians, most Governments, every Central bank & the actual holders of physical gold/silver/PGMs....and if you want physical it seems it is in VERY short supply and at a HUGE premium to what paper comex says it's worth...i sense comex will unravel at this rate with no one trusting paper..just look at what SLV did recently

[katsy] 17/2/2021 09:57

Nobody wants gold anymore, just 110011100110001000011101111011111 Which is worth $50k

[pjackson2] 17/2/2021 09:53

Just bagged a few more at 2.04. Phoned my son and he got in at
2.025 minutes later.

[robjm66] 17/2/2021 07:55

hxxps://stockhead.com.au/resources/megado-kicks-off-chakata-drilling-after-striking-visible-gold/

hxxps://www.investi.com.au/api/announcements/meg/f48e5491-807.pdf

Megado has a premium land position immediately along strike to the north and south of the Lega Dembi and Sakaro deposits covering the same fertile greenstone host rocks and structural setting, in addition to an asset located proximal to Ethiopia’s next gold mine, the +1.5Moz Tulu Kapi deposit (AIM-listed KEFI Minerals).

[robjm66] 16/2/2021 22:48

hxxps://www.mining-journal.com/leadership/news/1404889/kefi-first-in-line-for-saudi-licences Before anyone asks no not signed up to read article.

[scrappycat] 16/2/2021 20:04

goatherd,

Amongst other things, Platinum is used as a catalyst in fuel cells, particularly those that use a Hydrogen/Oxygen mix as fuel Massive market for the future.