Kefi Gold And Copper Share Discussion Threads

[delta0091] 30/9/2021 12:47

Ethiopia: United Nations warns of urgent crisis in war-torn Tigray region as thousands face starvation

The de facto government's blockade of food, medical supplies and fuel has brought back memories of Ethiopia’s devastating famine in the 1980s, which killed around one million people.

news.sky.com/story/ethiopia-united-nations-warns-of-urgent-crisis-in-war-torn-tigray-region-as-thousands-face-starvation-12421226

[topicel] 30/9/2021 11:44

^

"what actions have been taken and who and what he is delegating the matter too"

by which I mean the Minister or Chief who has taken responsibility for sorting out these local 'issues' and smoothing any problems that might have developed.

Contact Abeye's office if need be. It sure can't hurt.

Topicel

[katsy] 30/9/2021 11:41

They probably need to raise £5m if at 1p then that's 500 million shares. Also if funding is now dependent on security matters, they could wait a very very long time. If the backers are unsure now, they could easily pull out, also they still need to find $131M but right now, the backers are reluctant to put in a single penny. Without TK there is no Saudi, where does that leave Kefi!!

[rich1e] 30/9/2021 11:28

I didn't realise that Katsy, where's that info from?

[katsy] 30/9/2021 11:25

Rich1e you do realise that the next fund raise will probably add half a billion shares to the total, and TK funding looks like it's close to collapse!

[rich1e] 30/9/2021 11:21

60 million traded yesterday 20 million so far today. Not bad. For every seller there's a buyer and vice versa. Everyone one seems content with their choices. That's what matters

[delta0091] 30/9/2021 11:18

"and probably lose TK, and possibly Saudi as well.

Never dismiss the power of friendship; or, for that matter, of acquaintanceship."



pmsl... the results of 5+ years show what sort of friendship / acquaintanceship Harry has nurtured.... naff all. The guy is a jack ass, talks big, delivers little.

as for saudi, the prev CEO was the guy who trail blazed there and was doing just fine until some wise spark thought it'd be great to bring Harry into the company and put him as head.

[goatherd] 30/9/2021 11:06

Scars,

Well there have been 12.37m sales this morning; but also 8.15m buys.

So there are really quite a few buyers!

[goatherd] 30/9/2021 11:06

Scars,

Well there have been 12.37m sales this morning; but also 8.15m buys.

So there are really quite a few buyers!

[scars] 30/9/2021 10:56

Think this will head back below 1 for the next fund raising. Has to be on the cards, ever expanding timeline and risk increasing by the day. Can't see many buyers ATM.

[jaylett] 30/9/2021 10:47

Mentalist.

[goatherd] 30/9/2021 10:47

And probably lose TK, and possibly Saudi as well.

Never dismiss the power of friendship; or, for that matter, of acquaintanceship.

[peverill] 30/9/2021 10:42

This would probably re rate if they fired Harry and brought and industry heavy hitter in.

[jaylett] 30/9/2021 10:20

I think I've cracked it. It's all about those infuriating host lands.

Sept 2021:

Clearing of new host lands for community members to be resettled

June 2021:

Clearing of new host lands for community members to be resettled.

June 2020:

Road now being built into new host lands for Tulu Kapi residents to be resettled.

October 2018:

Including that the resettlement work teams building roads into new host lands and the preparation of new host lands.

November 2017:

being the installation of infrastructure into the new host lands as part of the planned community resettlement program

June 2017:

Triggered the community resettlement programmes which began with property surveys and host land preparations

December 2015:

Continues to prepare affected households for resettlement to their selected new host lands

Annual report 2014:

The team is currently focused on preparing new host lands for the affected members of the Tulu Kapi community.

[mlangton1] 30/9/2021 10:11

Just sold most of my holding for a painful loss, to salvage at least something. 10 years of false dawns, missed deadlines and misleading promises. Only myself to blame for believing in Adams et al. A great shame as KEFI has huge potential, but with Ace at the helm I now doubt we will realise it. Kept a few for sentimental reasons and as a lesson not to become emotionally attached. Best wishes to all the long suffering long termers and thanks for the often excellent analysis of a few.

[deanroberthunt] 30/9/2021 09:42

the story is old, but it goes on.

[matthew stone] 30/9/2021 09:34

Totally agree with this line of thinking - at this stage would be delighted to sacrifice a percentage of TK to ensure we actually get to mine the damn thing, esp if Hawiah is the monster we all expect it to be.

HAA, unfortuntely, would probably disagree and may try to hold on to his deal until we all risk losing everything (someone upthread described him as a narcissist and a fantasist, and I can't improve on that.)

[mickyfitz] 30/9/2021 09:28

HA does not inspire me with confidence. As they say talk is cheap…

[pjj71] 30/9/2021 09:24

where will the money come from to sort out the brown envelopes to quell the security situation... the coffers look pretty empty!! fire the dilution confetti cannon!!!!

[lurker5] 30/9/2021 09:23

Katsy Its because KFFI has spent a fortune so far. Some part of Past spending is usually counted as a contribution to project - otherwise no one at all would ever take the risk

[digger2779] 30/9/2021 08:53

Katsy - I was thinking the same but wouldn't go as far as 45%. Maybe somewhere along the lines of 65/35 in our favour?
Not to worry as Harry intends to stick around for our webinar treat on 13th October so we can all hang onto his wonderful words of comfort and reassurances that that the hair trigger just needs a slight adjustment.
GLA...I'm off for my badminton training and then a relax on La playa 😎

[robjm66] 30/9/2021 08:44

If TK looked like getting permanently sidelined the company could use the interest in Hawiah to do the same kind of deal it has with converting money lent into shares two three years down the line. Probably only had that option with TK due to the Strength of the Hawiah prospect so would not be a stretch to connect directly to Hawiah.

Also the money needed from Kefi would be a fraction of the money needed for TK with Kefi being a junior partner to Artar and the development loan (SIDF).

Not that i am saying that’s they way to go yet but would think the company has been getting some financial support due to the fact that people know there could be a plan b as doubt I am the only person that has thought of that option.

[rich1e] 30/9/2021 08:35

Hopefully back to 1.5p and everyone will feel a lot happier, good day all