Share Name Share Symbol Market Type Share ISIN Share Description
Kefi Minerals LSE:KEFI London Ordinary Share GB00BD8GP619 ORD 1.7P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.20p +7.27% 2.95p 4,656,461 16:29:59
Bid Price Offer Price High Price Low Price Open Price
2.90p 3.00p 3.00p 2.60p 2.75p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.2 -0.0 - 9.81

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Date Time Title Posts
20/4/201817:15Kefi Minerals-2010 and into the Kingdom of Saudi Arabia54,379
13/7/201708:34KEFI - Peripheral Fluff10
20/12/201621:16Kefi Minerals11,334
14/4/201614:42Kefi Minerals-Moving into the Kingdom of Saudi Arabia30
14/4/201610:33Pumpkin Head - Kefi flying8

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Kefi Minerals Daily Update: Kefi Minerals is listed in the Mining sector of the London Stock Exchange with ticker KEFI. The last closing price for Kefi Minerals was 2.75p.
Kefi Minerals has a 4 week average price of 2.55p and a 12 week average price of 2.55p.
The 1 year high share price is 6p while the 1 year low share price is currently 2.50p.
There are currently 332,702,973 shares in issue and the average daily traded volume is 483,307 shares. The market capitalisation of Kefi Minerals is £9,814,737.70.
jaylett: On 1 February, KEFI announced the appointment of David Munro, former MD of Billiton, and his two partners at International Mining Performance, to the senior management team as a prelude to triggering development and operations. This followed the announcement on 18 January that KEFI had terminated, by mutual agreement, its relationship with Oryx relating to its funding plans. Simultaneously, in its quarterly operational update, it reported that the funding approach remains unchanged, albeit with a simplified structure. KEFI also released the results of the final Tulu Kapi project models agreed by the consortium (and uploaded into the formal financing data rooms), which demonstrated some value improvements for shareholders compared with recent guidance. Like-for-like project NPV Compared to its earlier guidance of a project NPV of US$74m at US$1,250/oz Au and US$92m at US$1,300/oz at the start of construction, KEFI’s models now indicate a value of US$109m at US$1,300/oz. At the start of production, they indicate a value of US$175m at US$1,300/oz Au vs US$131m at US$1,250/oz Au and US$152m at US$1,300/oz, previously. The models reflect a two-year schedule set out with the contractors, to start construction in 2018, mining in 2019 and gold production in 2020. Greater exposure to gold price upside beckons Management advises that the simplification of the funding structure reduces operating costs, as does the honing of the project plans and management structure. These refinements are reflected in improved cash flows and NPVs. Valuation: Clear roadway to value uplift Our funding assumptions for KEFI remain unchanged. Otherwise, updating our financial model for these new factors (as well as our updated gold price forecasts – see Mining overview: Unlocking the price to NPV discount, published in November 2017), we estimate that Tulu Kapi is capable of generating average cash flows from operations of c £42.4m pa (vs £45.4m previously), which we value at £194.6m (cf £208.3m) or 22.0p per fully diluted share (attributable) at the start of production in 2020, or £61.6m, 13.9p per existing share, currently, using a 10% discount rate. Fully diluted at a share price of 3.75p (vs 3.50p previously), our valuation is 8.26p/share (cf 7.68p previously), based on the net present value of expected future dividends, discounted at 10% pa. This valuation then increases to 13.3p in 2023 and further, to 17.87p, in the event that KEFI is successfully able to leverage its cash flow from Tulu Kapi into other development assets in the region.
cybaajak: Can I just say thanks to Aim for the webcast find. If that webcast had been done by BRR I'm sure the share price would have reacted more positively. Also. No equity level dilution at the top end for the last 20m piece of the jigsaw, due to Kefi share price I'm going to add, "this is a good thing" but don;t want you all thinking I am referring to the actual share price . Plus. He mentions the start of the drawdown of the Bond funds being delayed to end of Q1 or start of Q2 2018 as the 30 month delay in the repayment period then kicks in.. March/April 2018 means September/October 2020 repayments, so the mine is planned on being in production for 9 months beforehand. As long as the GoE says 'yes' its all good...
delta0091: If i remember correctly, in mid 2012, Harry stated "investors looking to turn $1 into $100 should invest in Kefi" at the time, share price was 3p - pre 1 for 17 consolidation. share price now (pre-consolidation) : 0.17p Harry's target : £3.00 (when share price was 3p) the share price has now to rise by over 175,000% (1,750 bagger) to reach the 100 fold increase as per Harry's confident suggestion (market cap £17,500,000,000)
robjm66: Well going to be the first to stick my neck out cybaajak. Kefi Market Cap only 13 14 million which is the market cap of an explorer so would expect boost after even a moderately successful deal. (Will pass on the what could happen if kefi get the worst deal for now). How much the price spikes will depend somewhat on what kind of deal is finally done if kefi gets the “intermediate” deal that would provide the biggest boost with no dilution and a new partner which would help faster expansion into kefi other prospects. Think also you would get more share buying from those that are holding back over doubts that harry can do a deal or those who feel overcommitted in a single share and want some more certainty. Then you would get the usual crowd that pile into any mining share that shows a big increase and general momentum investors. What price it would spike to is a guessing game, my guess (which will almost certainly be wrong) is on the back of an “intermediate” deal it would spike to 9 pence plus within the first or second week. Could be more if kefi suddenly becomes flavour of the month (or week knowing aim) if aim investors and gold bugs decide to really pile in or the ramping crowd descend en masse. Even if the share price overshoots in the short term i expect a rising gold price exploration and getting closer to production to underpin the company’s prospects and share price.
hairyback2: charlieeee,your interpretation of Note 7 is not correct but I won't waste time refuting it point by point. it is also not relevant the notional number of shares "Lanstead pays for" each month as the shares have already been issued to Lanstead and they do not get issued more if the share price goes down. the important thing is the cash coming to KEFI over the remaining months of the sharing agreement. the monthly amount due from Lanstead due to KEFI is £218k times the ratio of the monthly share price divided by 7.48p. no sophisticated models required to demonstrate that a higher share price will not only result in higher payments but also be in Lanstead's interest as KEFI's largest shareholder. there is no evidence that Lanstead is selling shares each month and generally Lanstead's interests are aligned with the interests of other shareholders. lansteads shares were all issued up-front and it is required to disclose movements of >1% as a significant shareholder (which has not happened). HB
estseon: If the Fed did that, standby for a 50fold increase in the Kefi share price, lol.
neilng: KEFI Minerals plc 307.1% Potential Upside Indicated by Cantor Fitzgerald Posted by: Amilia Stone 16th August 2017 KEFI Minerals plc with EPIC/TICKER (LON:KEFI) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Cantor Fitzgerald. KEFI Minerals plc are listed in the Basic Materials sector within AIM. Cantor Fitzgerald have set their target price at 23 GBX on its stock. This now indicates the analyst believes there is a possible upside of 307.1% from today’s opening price of 5.65 GBX. Over the last 30 and 90 trading days the company share price has increased 0.35 points and increased 0.19 points respectively. The 1 year high for the share price is 9.35 GBX while the year low stock price is currently 3.93 GBX. KEFI Minerals plc has a 50 day moving average of GBX and a 200 Day Moving Average share price is recorded at . There are currently 328,247,143 shares in issue with the average daily volume traded being 261,677. Market capitalisation for LON:KEFI is £17,930,500 GBP.
cpap man: KEFI Minerals (KEFI.L, 4.30p) – Speculative Buy KEFI has announced it has signed heads of terms for the financing of Tulu Kapi. The financing is in the form of a build own operate transfer (BOOT) contract with an infrastructure specialist called Oryx. The contract is worth $135m repayable over 9 years and with a 30 month grace period. Interest is 8% at $1100/oz and increases as the gold price increases, to a maximum of 16% if the gold price hits $1700/oz. KEFI will require $32m to complete the financing which could come via a number of structures including working capital facility, project level investment and KEFI equity. KEFI is targeting construction to start in 2017 and first gold production in 2019. Our View: When KEFI took control of Tulu Kapi it had a capex requirement of approaching $300m and a significantly lower reserve grade. KEFI has dramatically reduced the capital requirement, improved the resource model, mining method and consequently the mine plan. Management has also been working on a funding solution for 18 months or so in a challenging funding environment. One of the key considerations is to minimise dilution of existing shareholders and maintain ownership of Tulu Kapi. This funding solution achieves both elements and we expect a positive share price reaction this morning. We have a Speculative Buy recommendation. Beaufort Securities acts as corporate broker to KEFI Minerals plc
cpap man: KEFI Minerals (KEFI.L, 0.39p) – Speculative Buy KEFI has announced it has conditionally raised £5.6m which may contribute to the upcoming mine build. Depending on the timing of financial close for the mine, a larger or smaller proportion of the £5.6m could go towards the equity component of the mine funding. On its own, we estimate the money will provide KEFI with circa 18 months working capital. KEFI has also announced a 17:1 share consolidation and that some of the funds will go towards increasing its footprint in Saudi Arabia. The £5.6m will come from directors, Lycopodium and Landstead. Our view: KEFI is working on a number of fronts towards funding the Tulu Kapi mine build by mid 2017. The smaller funding announced this morning allows management to focus on the larger prize. The £4.6m Lanstead facility sees KEFI receive £0.69m upfront and the balance over 18 months. Lanstead's shares are fixed but the price it pays will depend on the prevailing KEFI share price each month. Since we are confident KEFI will achieve financial close for the mine this year (a very significant positive catalyst) we expect Lanstead to pay a higher average price for its shares than current levels. On that basis this is good news for existing shareholders and we maintain our Speculative Buy recommendation. Beaufort Securities acts as corporate broker to KEFI Minerals plc
topicel: Estseon, if Clinton wins we will probably see gold under further pressure and into the December rate hike. After that, let's hope we get some good news for gold as we move into the final five-six weeks of the year when, realistically, Harry can actually deliver on his latest promise to have funding sorted and, for all our sakes, a more buoyant future in 2017 for the Kefi share price. So far he has presided over nothing but a rosy future... Topicel
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