Kefi Gold And Copper Share Discussion Threads

[theaviator] 06/5/2021 22:06

Were you on a spending spree today? Looked like a Lobster lunch.. lol

[pennstreet] 06/5/2021 18:13

I think we need one of those updates on how the securing of the finance deal is going to give this a boost

[donegal1997] 06/5/2021 16:08

A nice £36k buy before the close. Biggest trade I've seen in a while.

[marnewton] 06/5/2021 14:57

War with France?)

[riotinted_specs] 06/5/2021 14:24

Gold fever

[robjm66] 06/5/2021 14:08

Silver squeeze?

[donegal1997] 06/5/2021 13:38

Gold just broke $1800 and Silver $27

[pensionplanner] 06/5/2021 13:24

Strange that someone wants to filter because of the date I joined rather than what I posted. Does anyone believe that is not positive for Kefi, not positive for a good outcome to shareholders?

Strange

[hraj] 06/5/2021 09:43

Thought the money was.imminent Harry.. still waiting a year later ?

[neilng] 05/5/2021 22:07

30 March 2021.I go back to 2011.Filtered.

[scrappycat] 05/5/2021 19:55

Any predator would have to get over 70% of the shareholders' votes to achieve a trouble free road. If they cant achieve that, then they would have to go hostile, and the EG may well be against such a move. When funding is completed, they may hold as little as 25%, but they carry a lot of clout with the mine being local. I find it difficult to believe that, after all the years working with them, plus their desire to involve him further in training etc, that Harry would take a contrary view to the EG's wishes.

Of course, I could be wrong.

[belfastboyo] 05/5/2021 17:50

It is entirely possible and indeed very likely imho that one or several of the major gold miners would be very, very interested in taking a piece or all of Kefi Plc at some point given the quality of the assets and the EL scope in the ANS area generally...indeed as a large holder I am expecting this at some point but I fully agree that this is more likely when Kefi plc has serials itself in EG (funding closure) and EL licenses fully permitted...both of which should be imminent (we all hope)..in reality the BOD would have to agree with any approach valued the company assets and future NPV adequately to recommend to shareholders...and given the assets and NPV potential I think any approach would be nsuccessful (not supported by BOD & shareholders below min £200m)...

[topicel] 05/5/2021 17:02

And even with more shares in issue, perhaps a different share price?!

Beyond 5p anyhow ;) Just another couple of years then, lol.

Topicel

[estseon] 05/5/2021 15:27

rob - don't disagree but that is what I have read. They buy derisked assets to add to their reserves.

Don't know about ARTAR and 'too small'. There might be some sparks if they are pushed into a JV with the likes of Barrick. However, there has been rapid change of the Hawiah project over the last 6 months or so because of the successful drilling.

Once Kefi gets TK financed, there should not be funding issues in the future. The will need about $19m capital for the Hawiah mine if the Saudis provide 75% debt finance. But TK will be near production by then and Kefi will be a different company.

[pensionplanner] 05/5/2021 13:21

Estseon

Yes I appeared 30th March, not someone who would usually inhabit a bb but thought as it its AIM share I could pick up snippets of news, as often the AIM grapevine leaks.

I'm here for the long term, have quite a substantial holding, but also mindful of some of the tricks played on AIM and the quote attributed to Mark Twain

"A mine is a hole in the ground with a liar standing next to it."

I have seen various incarnations of the above quote.

Asset wise Kefi looks to have a good foothold with licenses hence my investment.

You will never see me try to knock an sp, I don't have time or inclination to get involved in games.

In my opinion Kefi could literally have an exponential rise in its share price and no doubt along the way pick up other assets. The sooner the better, but once a little success occurs and for example the finance is sorted, it will be re rated and then we will see very good returns.

[robjm66] 05/5/2021 10:33

Estseon any predator would have to pay a multiple of the present market cap if they waited that long best time for them to pounce would between TK finance go ahead and before mine is built or too much progress is made in Saudi.

As for Artar harry did say in one of his webinars that Artar did have some doubts over Kefi as Kefi was so small, think harry said to them something like kefi was a three or four million company then a thirty or forty million company and he expected it to be a multiple of its present size again further down the track.

Guess Kefi could split its operations its projects being financed at project level makes it easier and the company could make the case its the best way to get fuller value recognised by the market.

[marnewton] 05/5/2021 10:20

Copper...

hxxps://moneyweek.com/investments/commodities/industrial-metals/603192/copper-price-copper-bull-market?

[estseon] 05/5/2021 10:12

rob

unlikely before completion of construction in Ethiopia and welcome of a predator by ARTAR cannot be presumed. More likely would be the split of Kefi and the retention of the JV with ARTAR.

[robjm66] 05/5/2021 09:57

Be easier for any bigger mining company to takeover Kefi than start from scratch in Ethiopia especially when they would get the Saudi prospects thrown in.

Other route is to let Kefi do the heavy work then Joint venture with them then take them over a bit down the track. They could put someone slick in charge and keep harry on as a advisor.

[theaviator] 05/5/2021 08:50

Best not to read the obituaries before you get out of bed mate lol Looking good here tbh. This is the most secure I've felt with this one.

[scrappycat] 05/5/2021 08:44

PP,

With respect, I am not the slightest bit interested in what other governments might do. The EG will be well aware that it is they who have caused the funding problems in the past, but the way now seems clear to overcome that problem, and time is important to them from the foreign currency point of view, I imagine.