Kefi Gold And Copper Share Discussion Threads

[matthew stone] 23/6/2021 14:11

WHI state they are using a long-run average gold price of $1,550, so plenty of upside to their valuations at current gold price.

[tom barnaby] 23/6/2021 14:08

Search in "Kefi Minerals 2020 and beyond" - (KEFI)


Search for: lurker5 Poster

Found 8 results:

[tom barnaby] 23/6/2021 13:57

lurker5 - 14 Jul 2020 - 21:06:51 - 4858 of 14128 Kefi Minerals 2020 and beyond - KEFI

goatherd - you are right. NPV's are not only not very good predictions of a share price, they are not even a logical price for a investor to pay, and are in any case an elastic measure - dependent on a discount rate which is in the eye of lender and not of an investor A 8% NPV is double that at 12%. Brokers analysts can chose and use it as a lazy way to puff a share for the sake of their company clients. I could quote a whole list of reasons why it is illogical to pay an NPV, but would be too long. In the
early 2011's I monitored over 70 junior miners, and not a single obe ever reached more than 1/3rd-1/2 of the NPV touted by analysts. Will explain more if asked.

[belfastboyo] 23/6/2021 13:55

Great to know lurker5 (though don't recall seeing you here over the years) but the report from WHI clearly states page 5 "we estimate fair value at 5.4p and assuming all risks removed, we see a fair value of 11.2p £241m market cap...versus current market cap c£40m...so we LTIs and large holders should do very well here in the years ahead on delivery of funding closure...

[robjm66] 23/6/2021 13:44

Edison report from last Sept actually rates it effectively higher if you add in the higher gold price and kefis higher percentage of TK

hxxps://www.kefi-minerals.com/files/files/Edison-KEFI-Gold-and-Copper-Rose-gold-30Sep20.pdf

Earlier this year, Edison increased its long-term gold price expectations from a flat real level of US$1,350/oz from CY22 to US$1,494/oz from CY25

However, it excludes any beneficial interest for KEFI in TKGM above the originally planned 45%

Valuation: 4.05p rising to 5.62p then so if you added those factors in would be well above WH Ireland’s figure.

[lurker5] 23/6/2021 13:01

goat - It means my opinion isn't coloured by rampetyitis. 'Fair value'ánd a SOP 'value' is never, ever achieved. Its a ploy used by brokrs who puff for the benefit of the client who pays him (See WHI's disclaimers') My opinion is based on closely following some 100 mid-cap miners and all 'research' on them over nearly 20 years. That's not to say a share might not spike for a short while over a realistic value, to which it will always revert.

[goatherd] 23/6/2021 12:42

lurker5,

Well WH Ireland actually said "We see fair value in KEFI Copper and Gold at 5.4p/sh."

That is actually what Ireland said and is their valuation for TODAY, not when production starts.

Why do you say "I have a large holding" - does that make your opinion worth more? (note: I too have a large holding! but my opinion is not worth more than anyone else's). And what is a "large" holding anyway?

[lurker5] 23/6/2021 12:27

5.4p isn't current value. 'current' value once TK prod'n start is 2.9p. The rest (might) come later. NPV, and 'peer group' is dodgy basis. Edison's forecasts are more logically based and usually more accurate. In case of carping criticism I have a large holding but expect a lower price.

[robjm66] 23/6/2021 11:35

5.4 price is actually conservative and they say it is, then you ae looking at Kefi making rapid progress at hawiah "A PFS is planned for completion in 2022 alongside a Mining Licence application; KEFI is fast tracking this important discovery to the next stage" that is really fast progress on a project that is being overlooked by the market.

[robjm66] 23/6/2021 11:17

Thanks Toyin.

[cool hand kev] 23/6/2021 09:44

Nice share price jump

[scars] 23/6/2021 09:16

On financial closure, will be worth 5.4p. Just got to get it over the line!

[pennstreet] 23/6/2021 08:59

5.4p current value!!

[scrappycat] 23/6/2021 08:56

Thanks toyin. A sound, reasoned appraisal by WHI, bordering on the conservative side IMO. We will soon see I guess, since funding does appear to be sorted, but not yet finalised,

[christopher logsdon] 23/6/2021 08:08

I love it when people end the sentence with "Do your own research" like somehow they are superior lol

[valuetracker] 22/6/2021 22:17

This is a toss of a coin gamble. Do some research.

[gibrewog] 22/6/2021 17:25

Good to see that the share price has hopefully started moving up a little today after what I thought was a very positive webinar yesterday which covered a lot of ground and gave shareholders a much clearer picture of the current state of play.

I thought that the question relating to TW was very relevant even if he didn’t, since the impression being given on this BB was that he had an inside track on information from Harry that we shareholders did not. It may have been an uncomfortable question for Harry but at least he answered it.

[bostanli] 22/6/2021 12:46

hxxps://m.engineeringnews.co.za/article/kefi-submits-tulu-kapi-finance-plan-guidance-on-track-2021-06-21-1

[donegal1997] 22/6/2021 08:53

Nice move this morning, hopefully this is the last week we see the share price under 2p

[rich1e] 21/6/2021 20:20

Cheers rob