Kefi Gold And Copper Share Discussion Threads

[shortarm] 19/2/2021 08:13

They wanted 2M of mine all day yesterday?

[katsy] 19/2/2021 08:12

Definitely a seller, the MM don't want any of my shares.

[scars] 19/2/2021 08:07

Copper blazing guns again up nearly 3% at 8,649. Another week closer to the march news and KEFI still at 2p!

[silver surfer] 18/2/2021 22:20

Certainly will.. Just think about the amount of copper electric cars will need just for charging. New standard being developed for wireless charging will see passenger cars needing about 4kg per car. See link below hxxps://copperalliance.org/trends/copper-in-ev-charging-an-emerging-standard-around-wireless-charging/

[1deedee] 18/2/2021 19:29

Everything I mean everything in technology will need copper and gold think about it

[1deedee] 18/2/2021 19:28

Well said Rio strange movement in shares at the moment something is stirring good or bad I don't know but in Harry I trust and will be adding tomorrow

[riotinted_specs] 18/2/2021 18:00

To NEW INVESTORS. TULU KAPI gold mine formally received the green light from the government in November 2019. There are to be no more permits, environment, security and social considerations. DFS has long been completed and the mine will open. We await final financial closure this March with agreed term sheets with two of the mightiest African banks. The EG are currently constructing critical transport and security infrastructure directly attributed to this mine. This includes roads, and an airport. The TULU KAPI mine - on its own - when in production will be the single largest export revenue generator in the fastest growing country on the planet. It's no wonder the Nobel Peace winning EG Prime Minister is directly involved and has his hands are all over this project. And nor is it a surprise that the military will be securing this very prized asset. The current declared TULU KAPI NPV is at bare minimum a 10-15x multiple of our current market capitalisation. This stock is grossly undervalued even when based on this single JORC Certified Gold asset. The TULU KAPI NPV and current valuation however doesn't take into account all the other KEFI assets. It doesn't take into account the phenomenal Saudi Assets which is what initially attracted most long term investors who are still here. Nor does it include the equivalent gold mining opportunity directly below the TULU KAPI mine with an additional 1 million oz of gold. Nor the surrounding 1000km catchment area where KEFI and as we all know well where there is gold there is more gold. KEFI have painfully earned first movers advantage with expansive pegging rights, and when we look at subsequent Ethiopian mining phases there will be enormous cost efficiencies and increased profit margins due to the - in place - critical transport, military, mine and human resource infrastructure. Regarding humans, I have never seen a social contract so boot strapped. This has included a comprehensive and detailed family by family relocation compensation assessment. KEFI have gone well beyond the government declared remuneration requirement with what equates to life changing money to said community. So this is definitely not some dodgy, early stage fly by night, pie in the sky, banana republic, exploitative mine with speculative AIM promises. It is rather a superb pre-production mining find, best explored and developed by an outfit both lead and full of Australians. The Aussies, as we all know are among the best miners this world has to offer. And for this Arabian-Nubian Shield belt geology, they are, without question the very, very, very best and indeed the pioneers of huge successes in such mining on their own land. This is the real deal, and it's been inching forward for near on 15 years. There have been all sorts of challenges and impediments, such as jurisdictional instability which has now very much so been resolved by dramatic, sweeping, Ethiopian 2018 Nobel Peace prize winning democratic reforms. There has been added frustration associated with being the first public private mine in a quarter of a century; not least the bureaucracy of being the guinea pig for a sector to which the Ethiopian Govt are now highly committed.Also, the market has clearly yet to factor in KEFIs additional assets in the Saudi part of this Arabian-Nubian shield, which is looking like it will be upwards of five times what KEFI have in Ethiopia. In just 7 months of drilling the SAUDI HAWIAH asset has uncovered easily accessible, shallow depth VMS Volcanic Massive Sulfide. BIG mineral NUGGETS, incredibly rich in highly concentrated copper. As was quoted it's like a mattress on its side with an initial PEA complete. And even more assays are to come as we uncover just how big and long this mattress is. And then of course there is JIBAL QUTMAN also in Saudi - another 700K ounces of gold. This could fund all sorts of KEFI development and at very low cost - easy open pit stuff - just need to grab a shovel. The Saudis are - and will - continue to be an easier and less bureaucratic nation to deal with from a mining and resource perspective. They are much more sophisticated and accustomed to such foreign investment and have been so for over a century in the oil sector. Here again KEFI have first pegging rights that far exceed the specific area we are currently exploring. Early findings have copper grades upwards of 5 percent. This grade is 10-fold to that of many, if not most, of the world's largest existing profitable copper mines. Incidentally those senior global players will now go deeper into existing pits at much higher costs and lower grade to that of what they are doing now. So the profitability of shallow depth combined with high grade copper has an exponential order of magnitude impact on profitability. All at a time when the worlds copper supply is dwindling, demand is increasing and Saudi oil production is reducing. Hence the large government sponsored mining initiative. We are moving to an electrified world and away from fossil fuels. Exactly what Saudi Arabia needs and to note but a few examples.. electric cars, busses, and charging points, infrastructure, solar, wind and any renewable energy, the ambitious Chinese Belt and Road infrastructure initiative, and the recent multi trillion dollar U.S. infrastructure bill that was passed. Also with Biden now as President and the Democrats controlling all branches of the executive - we will most certainly expect a lot more copper dependent green energy as well as an even larger infrastructure investment.I reiterate my 6-7p forecast on news 12-15p near term rerate and minimum 40p within 15-18 months. I do not see any patience required for those that have invested from the mid to long term as we have this in spades. But for recent entrants, hold your position, then continue to hold - it will not be long now. And with impending inflation ad unparalleled monetary and fiscal policy the price of gold is set to comfortably move upwards in due course and the copper price at an 8 year high and rising fast- it will be one hell of a ride. Welcome

[rich1e] 18/2/2021 18:00

There's a 9 million trade at the close. All a bit of a change from all those 3 quid buys and sells that were the norm.

[belfastboyo] 18/2/2021 17:54

Interesting....perhaps someone knows or has heard something?? or perhaps it's just some large player(s) spotting a big opportunity ahead?? Time will tell

[rich1e] 18/2/2021 17:52

I’ve mentioned on here before, Majedie buying 6% of Atalaya on the open market. Those who were there will testify no one noticed a thing. There’s a definite change here, it may well be an accelerated continuation of a process that’s been happening for a while. Should that be the case it may be news is closer than we think.

Corby in answer to your question, I ask myself what would attract buyers to Kefi? rising gold and copper prices? Good news weeks away? Impressive drilling results? None have worked so far, the one thing that would have punters crawling all over it is a rising sp, regardless of any fundamentals. And so, I would say the best way for the mm’s to attract buyers is to move the share price up. Just as a tree shake is a recognised process of taking the share price down to get sellers.

[riotinted_specs] 18/2/2021 17:47

It is great to see all the new entrants to this board. Any investment of any size is welcome. It is important we have high volume and a liquid market as and when the imminent full financial closure and corresponding news comes in. This will help to ensure that the share price doubles and more likely triples on the day. Regarding Centamin I personally believe that they are not currently in takeover discussions but rather - in my opinion - there is a decent likelihood that they form part of the current consortium, yet to be named and could well be the so called - industrial commodity company with a market cap of greater than 1 billion USD market. It is a very vague and broad description to begin with. Regardless, they too are focussed on the Arabian Nubia Shield.

[katsy] 18/2/2021 17:38

Another 8m@2p

[corby 04] 18/2/2021 16:33

Nice try sammy lol back to kindergarten tomorrow for you then :-)

[corby 04] 18/2/2021 16:31

rich1i,so you are saying the mm,s are trying to suck in buyers because they have large sellers offloading??

[rich1e] 18/2/2021 15:07

It looks like something is stirring somewhere. If I was pushed I would say that there is some buying pressure. On the basis that the mm's are clearly still able to move the share price where they want, it's not run away from them in any way. As such if it moves in a way to attract sellers, then they must have buyers. For every seller there's a buyer and vice versa.

[belfastboyo] 18/2/2021 14:51

What's with all the newbie posters today...don't they have video games to play??? Nothing much will happen to the share price imho until big positive news hits which is anytime from now to end March...until then any speculation is just that...now for serious investors Kefi current share price represents exceptional value versus any valuation metric you care to use such as price to oz, reserves, projected NOV etc...end of.

[shortarm] 18/2/2021 14:27

You're a bit of a nutter!!

[sammy g] 18/2/2021 14:21

Added a few more on that wee drop :-}

[rich1e] 18/2/2021 14:17

It looks like somethings happening, I wouldn't like to say what.

[pjackson2] 18/2/2021 14:16

And if Harry said March it
deffo won’t be before.
More likely after.

[pjackson2] 18/2/2021 14:14

Nothing big imminent or MM
would have hiked it up.

[katsy] 18/2/2021 13:56

Buy volume nearing a record for KEFI. really! If you're going to ramp at least get some basics right.

[corby 04] 18/2/2021 13:42

Katsy, its being bought bigtime last few days and today the buy volume nearing a record for kefi.Something big about to kick off here on newswires IMO