Kefi Gold And Copper Share Discussion Threads

[katsy] 19/4/2021 19:32

TA all the CABAL plans coming together. Digital currency linked to your vaccine passport. It's just a mask, lol

[katsy] 19/4/2021 13:54

Uk debt clock isn't much better. That great reset is sure going to be painful.

[mick1909] 19/4/2021 13:31

https://www.usdebtclock.org/Mind boggling

[richjj] 19/4/2021 12:13

Not sure if everyone has seen this and I guess nothing new in its content for us however good current publicity I think

hxxps://www.thearmchairtrader.com/kefi-gold-copper-share-price/?amp

[marnewton] 19/4/2021 11:22

GOLD...has confirmed the 'double bottom' (a trend reversal) with some panache. It hasn't strayed below the rising 8 day EMA for more than a day, and the crossover with the rising 21 day EMA occurred over a week ago.

KEFI...largely remained in the one year ascending channel (arithmetic chart) despite the recent tumble. It only fell below the rising (so support) 200 day SMA for one day and currently is trying to sneak back above the 50 day SMA.

The really big picture 'rounded bottom' (best seen on weekly or monthly charts) was never in any danger.

M

[robjm66] 19/4/2021 10:56

hxxps://www.thearmchairtrader.com/kefi-gold-copper-share-price/

Extract though worth reading the whole things

“ The finds in Ethiopia have generated a lot of investor interest, including from the Ethiopian federal and regional governments, while Ethiopian private sector groups also are expected to commit funds in May. Both the Ethiopian and Saudi Arabian governments are now boosting their mining sectors with reforms to develop their economies and attract inward investment. For example, in June last year the Saudi Arabian government approved a Mining Investment Law, to help the country’s mining industry, and expanded the role of the Saudi Investment Development Fund specifically to support mining project finance, which may prove useful to the Hawiah Project financing.”

[scrappycat] 19/4/2021 10:42

I doubt that that many actually jumped. The MMS certainly wanted PIs to think there were. Of those who jumped, I suspect many will have bought back in, having seen the way
the wind is blowing.

[shortarm] 19/4/2021 10:34

What I mean is lots of people jumped off the roof last week. Selling at 1.7 and below.Since then, up, up and up...... The belief is building methinks.

[katsy] 19/4/2021 10:26

Nothing to say whilst we wait for another deadline of June. Come back 1st July to see if we have any update.

[shortarm] 19/4/2021 10:20

Is nobody saying anything because they don't want to jinx it??

[estseon] 19/4/2021 07:24

I think that the Ausdrill/Perenti subscription in Kefi shares referred to in the RNS might provide at least some of the cover.

However, the main funders are clearly very keen to get this project going and the senior debt providers have increased the facility from $110m to $140m since they were first brought on board. They might even be willing to increase that further but the funding package has to be kept within the central bank debt:equity ratio, hence all of the chasing around for equity participation.

[neilng] 18/4/2021 19:50

From 14.4.21 RNSEthiopian private sector organisations which have expressed interest to also invest in TKGM are expected to commit in May in time for the settlement of equity funds mid-year;o the KEFI contribution funded by subordinated debt from the Ethiopian subsidiary of likely more than one multinational industrial group and product offtake-linked subordinated finance (for working capital and for a standby) from an international metals trader.I read the (for working capital and for a standby) to cover any shortfall due to the locals not coming up with the funds.What else would a standby be to cover?It must be plan B.

[sussexlibran1] 18/4/2021 19:01

@pjackson2 - yes, it almost certainly IS the same folk who messed us around last time. But it's OK, because @shortarm says so.

[pjackson2] 18/4/2021 18:57

What worries me is these local investors. Are they former members of ANS who messed kefi around for years. Deadline could come again and as usual still have no money so stall it again.

[shortarm] 18/4/2021 17:18

This may be a surprise, probably is but you NEED local support!!!! Especially from ex military and high level officials!!!!? What is it that you do not understand???? Except why you put your fifty quid in here! FFS!

[sussexlibran1] 18/4/2021 16:02

@shortarm - the Ethiopians LOVE Harry - he is such a pushover! Despite saying local involvement wouldn't delay funding, all it took was for a few of their "friends" to want in, and...yup...more delays! What happens in May when another one of the corrupt cronies wants a bit of easy cash?! Yup....even more delays. But Harry is SO accommodating, right? Yup, they love him alright. He is the gift that keeps on giving.

[charles clore] 18/4/2021 15:38

Harry is the key player here and MUST be allowed to carry on through to a financial conclusion. Imho if he was removed it would be disastrous for the share price

[shortarm] 18/4/2021 15:33

Harry is properly in touch with the Ethiopian government and as far as I'm concerned is the only man for the job at this stage!

[bahamarama] 18/4/2021 14:33

RioTinted...Sir/Madam/Other - thank you for bothering to put together a post so full of 'stuff' we can all cross-check, consider and agree or disagree with, as is our right. You provide mostly positive insights into the company and its position and potential. And most here (being investors) will be grateful of the comprehensive breakdown you have obviously researched. I certainly am.

[sussexlibran1] 18/4/2021 14:09

@shortarm - TK and Saudi may never "be going great guns" unless Harry can pull his fat finger out and deliver something.