Kefi Gold And Copper Share Discussion Threads

[robjm66] 06/7/2021 08:56

Thanks Paleje

“At a flat, real gold price of US$1,778/oz (ie that currently prevailing – see Exhibit 9), our ‘base case’ valuation rises by 38.6%, from 4.35p/share to 6.03p/share”

“However, it excludes any value for KEFI’s portfolio of exploration assets, which we estimate could double its valuation to 8.79p/share.”

So price six pence really and that excludes everything else.

[goatherd] 06/7/2021 08:54

The last sentence of Edison's valuation paragraph reads

"However, it excludes any value for KEFI’s portfolio of exploration assets, which we estimate could double its valuation to 8.79p/share."

[paleje] 06/7/2021 08:38

Edison (paid) reiterated their valuation today in fact increased it a bit 4.35p.

[rich1e] 05/7/2021 19:16

I would agree it looks like a sell. But in the scheme of things, sitting between the bid / offer spread, volume, that’s not a bad price for that quantity of shares.

[riotinted_specs] 05/7/2021 18:47

Can't see this as anything else but a sell as it is the lowest share price transaction of the day

[topicel] 05/7/2021 18:17

Lol Taxloss. And miss all the fun?

I sense rainy season delays next. We may have not used that for a while.

Topicel

[taxlosstone] 05/7/2021 18:01

Wish I had delayed my trade ........ by about 10 years. :-)

[donegal1997] 05/7/2021 17:08

Another delayed trade today, a nice 915k buy.

[gibrewog] 05/7/2021 16:07

Anyone any ideas when Ethiopian election results will be announced? It’s all looking a bit protracted at the moment.

[digger2779] 05/7/2021 15:59

Katsy - hard to tell as it's all wrapped up in the usual riddle me ree rhetoric that Harry or his script writers like to come up with. I'm guessing stepping stone but if EG start playing hard ball we may get news before the end of the month. I'm not saying that the news would be confirmation of finance being finalised but you never know.

[donegal1997] 05/7/2021 14:25

Hopefully the central bank come back soon on the finance plan.

[katsy] 05/7/2021 13:51

So is the new "completion" date 30th July final or was that just another stepping stone to some other event that has to pass?

[robjm66] 05/7/2021 13:28

From what he said in the webinar likely he is back in Ethiopia just lost some time as foreign visa requirements were changed by the Ethiopian government and he had to get an exemption through the Embassy.

[peverill] 05/7/2021 12:03

Anyone seen Harry??

[rich1e] 02/7/2021 16:00

A bit of interest, going into the weekend? Have a good one all

[robjm66] 02/7/2021 12:33

Well it’s a good sign that they are being defensive over renumeration the bonus really as seems to indicate that the conditions will be met and the bonuses awarded.

[shortarm] 02/7/2021 11:55

He's a saint that lad :-)Come on Harry, time to get the cash in for those big bonus awards!

[whatnow1] 02/7/2021 11:11

Q&A on Kefi Site..Kefi Directors Q: There is confusion about the remuneration of the directors. Is it or is it not all reported in the Annual Report? What is the basis for setting remuneration? And is it still the case that the Executive Chairman has invested more than he has received as remuneration?

A: It is all reported in the annual report. The basis is by reference to industry comparables and targeting median remuneration for the role. And lastly, yes, for the first half of his tenure since 2006 the Chairman was paid nothing. And since then he has invested more than he has received.

Posted 02 July 2021

[delta0091] 01/7/2021 12:12

if ironridge share price had jumped 200+%, any doubts in comparing it with Kefi's funding would have been brushed aside.

[goatherd] 01/7/2021 10:09

Its not really a useable comparison. The "financier" is a fellow lithium miner, not a finance house. Piedmont are taking a 10% interest (at just over market price!) and Ironridge are divesting themselves of their gold interest. (Terms to be announced!)

I cannot deduce any comparison of interest - can anyone?

[donegal1997] 01/7/2021 08:48

They raised 102 million at a 90 million market cap. That's quite small compared to what Kefi are trying to achieve

[donegal1997] 01/7/2021 08:17

What was their market cap relative to the funds received?

[mick1909] 01/7/2021 08:10

Ironridge Resources just had its funding RNS come in its 30% up what sort of move do people on here think KEFI will get if the funding RNS comes through?