Kefi Gold And Copper Share Discussion Threads

[dragon35] 04/6/2021 08:05

Looks like a great RNS. What price is the equity being raised at to drawdown and match against the debt finance?

[riotinted_specs] 04/6/2021 07:51

I have not been down thumbed once in the five years I've been here and all of a sudden a few total unknowns come in and low and behold down ticks. I guess this it what happens when you strike the yellow meta, prove the resources and have independent JORC certification. Oh this is going TO LAUNCH. Just do the maths, the most undervalued share in LSE, AIM, TSE, TSE.V

[joeblogg2] 04/6/2021 07:49

Have to agree with rio too much going on fir not to happen: contractor, resettlement...

[ram6ler] 04/6/2021 07:48

rio,

you will need to reach for the viagra for that

[theaviator] 04/6/2021 07:46

Arry needs a super hero hoodie! Lol ;)

[bostanli] 04/6/2021 07:45

This contractor would not be involved if this was not going ahead. Key news

A new Project mining contractor, Corica Group, which is now the largest mining contractor in Africa, has been appointed, replacing the previous mining contractor on better terms after re-tendering of the contract. A letter of intent has been signed with them covering the major works package due to commence its procurement any time from July 2021

[riotinted_specs] 04/6/2021 07:42

Exactly our Harry a hero a lord emperor king. Ohh it is a proud moment and I can not wait till the old boys wake up.

[riotinted_specs] 04/6/2021 07:41

God damn right I am right, we are going to be the largest net export revenue earner of the fastest growing economy in the world. We did it. We are doing it, oh my word, I am beside myself. This does not go backwards

[pennstreet] 04/6/2021 07:39

Harry - he's only gone and done it!! ;0)

[riotinted_specs] 04/6/2021 07:38

You are missing the point. This is progress never before seen. An African contractor appeasing the continent. My word I am taking the day off work and you need to check if you have a pulse. We are here this is it THE MINE WILL OPEN

[theaviator] 04/6/2021 07:37

Rio is right, it's clear to see this is happening now which is an el of a relief for many of us and I'm really happy for the LTHs especially... We can wait until July as the so slowly rerates in the meantime. This should gain alot of traction now. Market will "get this".

[echoridge] 04/6/2021 07:36

Well daktar, what you're 'missing' is what economists call the 'Information Effect', i.e., effectively the guidance that the company is trying to convey without saying it explicitly. In short, by confirming that their previously released project timeline has not been altered, the company is imputing the fact that the financing arrangement is effectively done. Now the second thing you're missing, is that there is zero chance, 0.00%, that management would have been able to release such an imputation by its NOMAD in today's market. The AIM rules are simply too restrictive and the potential punishments for the NOMAD's management too severe, for it to possibly have passed their veto if it were not 'true' on the vast balance of probability. Period.

[donegal1997] 04/6/2021 07:34

That obviously meant to say "can"

[donegal1997] 04/6/2021 07:32

Would the words "remain for execution" indicate that the van has actually not been kicked this time?

[riotinted_specs] 04/6/2021 07:32

Positive wording? Have you lost your mind Scars? We are there this is the beginning. This is everything. It is going to happen.

[rich1e] 04/6/2021 07:30

It all looks very positive, hopefully this is the start of completion and share price the rerate. Not just for myself, the research that some of you have provided has been invaluable to me over the last year, and I’m aware that many of you have had it tough. Fingers crossed, good day all

[daktari2k] 04/6/2021 07:28

but the financing is key, all this is just ground work.. they were supposed to have definite confirmation of financing by end of may.. this just kicks it out another month.. I hold shares, I'm not trying to talk this down so if im missing something in what appears to be a longwinded way of saying we have everything we need except the finances to move ahead please tell me.

[bostanli] 04/6/2021 07:27

hxxps://youtu.be/Z4IFtxQfLWg

[theaviator] 04/6/2021 07:24

It's happening! You wouldn't go throuhh all this for no backing. It's a coming..."construction contractor, Lycopodium Limited, has commenced this month"

[sussexlibran1] 04/6/2021 07:22

Well, this is my contrarian view :

"The timetable for Project finance remains for execution of detailed documentation as soon as possible after the KEFI AGM on 30 June 2021" - looks like more obfuscation and can kicking to me - "as soon as possible".

While I welcome an RNS to indicate that the project has not failed, this is less than I was expecting. Fund raise next week.

[theaviator] 04/6/2021 07:21

https://www.bloomberg.com/profile/company/LYL:AU#:~:text=Lycopodium%20Limited%20is%20an%20engineering,Lycopodium%20serves%20customers%20worldwide.