Kefi Gold And Copper Share Discussion Threads

[rich1e] 24/4/2021 15:52

Despite the obvious frustrations and disappointments, what I would say is that 2.1 Billion shares in issue, and 10 million traded daily, and so its hard to say that everyone’s heading for the door, in fact you could argue that the serious money (serious as in quantity, 2.1 Billion minus 10 million traded daily) is staying put. Time will tell whether their faith is justified, I suppose.

[danieldanrichardson] 24/4/2021 14:40

Not everybody dishonestly talks up their book. Perhaps you should stop judging other people by your own low standards.

[sussexlibran1] 24/4/2021 10:33

@pennstreet - I hope it pays off for you, I really do. I have plenty of spare cash at the moment but don't feel confident enough to invest, in fact I have started to reduce my holding. Time will tell, only a matter of weeks now. This really is Harry's last chance - even the disciples are losing faith.

[pennstreet] 24/4/2021 06:54

I've been adding recently - hope the package comes through this time!!Come on Harry - show us the money ?!!

[sussexlibran1] 24/4/2021 06:29

The post on LSE by @fevertreeman entitled "Charting Pinocchio's comments" gives a great demonstration of how many deadlines have been missed and how investors have been misled. They've achieved NOTHING in years apart from can-kicking! Is it REALLY different this time? We all thought so in March, until it got delayed again til May/June.

[riotinted_specs] 23/4/2021 23:35

We are all mental, that is for sure.... nice to see copper hit and close above a 9-year high. That is not going to go down.

[riotinted_specs] 23/4/2021 17:33

Shame, I'm tapped out, but must admit the current price is very attractive.

[goatherd] 23/4/2021 15:59

I am in heavily enough thanks. Life changing potential (despite what Tops says!).

My wife says "if it does as well as you say, we have enough, if not, we have too many"

[riotinted_specs] 23/4/2021 15:53

You should ask the question for the Q&A Tops - if he is somehow playing with the dates then maybe he'll hint at an early May date which is what he said 100% to

[estseon] 23/4/2021 15:48

I'm not sure that I'd have enough to buy a coffer.

[topicel] 23/4/2021 15:47

If it's the webinar we're talking about, then there was no 'original' date Rio.

This all stems from my final question to Harry at the end of the last webinar that asked if he would certainly expect that work at TK would be underway by the time of the next webinar.

I didn't want to give him a date, I didn't expect March was ever realistic (lol), so I kept it vague and tied it to the next webinar which is almost always quarterly and so first week in Feb became first week in May. At least, that was how he worked it out and answered with an unequivocal 'yes'.

Now it is 27th April he doesn't have to worry as he is ahead of things. Deliberate; probably not, he'll have forgotten the commitment. But it has been moved earlier than normal...whatever that says.

Which is kind of always the problem.

Topicel

[scrappycat] 23/4/2021 15:31

I don't know who you have confused me with (perhaps goatherd?), but I do not own anywhere near 15 million shares. I wish I did. IF I HAD THE MONEY, i WOULD BE HAPPY TO INVEST SO MUCH. As it is, I am a bit short of spare readies at the moment, because I had to buy another car.

[riotinted_specs] 23/4/2021 15:24

That was Meant to be ADD. to his position. We need some old money infusion.

[riotinted_specs] 23/4/2021 15:20

I too have nothing left in the coffers for buying the dip. I was not aware that the Q&A was brought forward. Maybe somebody else knows the original scheduled date

[belfastboyo] 23/4/2021 15:07

No problem at all...perhaps a simpler way to read this RNS is this...IF TKGM funding closure concludes before June...in effect the newest $100m equity/risk investors in TKGM will effectively be paying $100m USD for a 35% stake in it, ergo Kefi Plc 65% share is worth by said investment worth c$186m USD BEFORE any further value in EG license areas and BEFORE any KSA assets...hence I will continue to hold to see if it happens

[kelotoni] 23/4/2021 14:43

Thank you for your thoughts bb

[belfastboyo] 23/4/2021 14:32

Looking at the RNS it is clear that the reference under this section is towards the TK finance plan (TKGM)...further down it then refers under this section to "Equity-Risk capital of US $100m" split into key contributors. whilst the last bullet point refers to "mining contractor to invest in Kefi shares" given points above, I think it must mean TKGM shares, not Kefi Plc shares as the final point then also refers to Kefi holding 65% of TKGM (assuming all of the aforementioned contribute 100m equity?

[kelotoni] 23/4/2021 13:35

"Mining contractor to invest in Kefi shares"
Does this suggest that more shares will need to be issued to Ausdrill at a fixed price? Or are we talking at local level?

[scrappycat] 23/4/2021 13:02

Whilst Covid has certainly affected things adversely, it surely puts added pressure on the parties currently involved in Kefi to get the cash rolling in asap to help them all pay for the effects of the pandemic. I think it highly unlikely we will get further hold ups attributable to the EG at the very least.

[estseon] 23/4/2021 12:40

JLW,

The quarterly makes reference to Ausdrill: "Mining contractor to invest in Kefi shares" (top of the 3rd page).