Share Name Share Symbol Market Type Share ISIN Share Description
Kefi Minerals Plc LSE:KEFI London Ordinary Share GB00BD8GP619 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.0425 2.5% 1.7425 44,635,665 16:35:14
Bid Price Offer Price High Price Low Price Open Price
1.72 1.765 1.845 1.65 1.75
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -4.96 -1.04 13
Last Trade Time Trade Type Trade Size Trade Price Currency
17:09:41 O 20,000 1.7425 GBX

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Date Time Title Posts
15/11/201920:35Kefi Minerals-2010 and into the Kingdom of Saudi Arabia63,456
01/11/201912:41KEFI - Peripheral Fluff11
31/5/201912:25KEFI Minerals at the UK Investor show5
29/1/201916:02to the wire1
23/5/201811:14KEFI Minerals Interview & Q&A-

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Kefi Minerals Daily Update: Kefi Minerals Plc is listed in the Mining sector of the London Stock Exchange with ticker KEFI. The last closing price for Kefi Minerals was 1.70p.
Kefi Minerals Plc has a 4 week average price of 0.60p and a 12 week average price of 0.60p.
The 1 year high share price is 2.20p while the 1 year low share price is currently 0.60p.
There are currently 749,656,701 shares in issue and the average daily traded volume is 162,150,278 shares. The market capitalisation of Kefi Minerals Plc is £13,062,768.01.
cybaajak: When Kefi was financed by Lanstead, It was the very same mechanic that drove the share price from 5.7p in April 2017 to under 3p in July of last year. Quick Recap. Lanstead were given 84 million shares, a full quarter of the share base to finance Kefi from April 2017 to October 2018. They still hold 20 odd million according to both math & the Kefi website itself from 18th September 2019. So they swamped a market with, first off 2 odd million then ever rising quantities, over 15 months (not 18.. it got broken too badly at the end) to enable the shrinking share price to fund Kefi's needs. At that time, much reminiscent as now, the market struggled to eat up that 2+ million shares. Here we are in November 2019 and in the last 6 weeks ( cannot over emphasize this.. so i'll repeat for effect) THE LAST 6 WEEKS the market has eaten 94 million shares. Even the newly published Kefi Quarterly report uses this to 'promote' Kefi that roughly 6 million shares trade each day through AIM/LSE, when days like wednesday (38 million) thursday (17 million) are the rule rather than the exception. In all reality, IF ANS FUNDS arrive, how people can expect the share price to inflate beyond twice its current level is folly. AND that takes into account the NPV. Current Kefi share price of .71 and company value of £6m. ANS funds for TKGM are quoted as $11.4m (US Dollars not GB Pounds) and KEFI ONLY HAVE a 45% interest in TKGM.
sweetwaters: Andy, Kefi's requirements for continuing funds via death spiral doesn't stop when the TK deal is finalised nor does it stop when ANS provide initial cash for TK. At best TK no longer requires funding from Kefi. I no longer have a view when cash is expect to flow in the other direction from TK to Kefi. So Kefi plc costs need ongoing funding, they indicate at a rate of £100Kpm + Kefi share of any Saudi exploration costs. On the basis of your line of thinking, it is not in my interest to point this out to you as it might result in you not buying further or heaven forbid selling. However I am sure you would rather I did point this out. So why do it? clarity of status, maybe someone else can point out where I have missed something and therefore the Kefi plc financing needs are less or simply this is accurate. Also this is not a Kefi promotional site, it's an investing/discussion board and therefore we should welcome the pro's and con's so we make more informed decisions. If Goatie and others had not been so unrelenting supportive & blinded over the years, maybe this pattern of Kefi management would not be what it is. Actual business progress will improve the share price, real progress not woolly words from HA. Equally us tapping characters into the advfn bullet board makes little to no difference, the entries are quickly lost/dated.
andysand: I see my request for some optimism went unheeded. Pity.One thing to bear in mind though. All holders suffer when the share price falls. But not just because of that; we also suffer much higher dilution than would be the case with a higher share price. I totally get all the frustration. I have been negative on this on numerous occasions. But that negativity in itself will cause further falls in the share price which will then cause more moaning which will then cause...well, you get it. We know the 'big' rise won't come until the finance arrives. But until that day comes, perhaps we could do our bit to help a gentle rise by showing some optimism. And if we can't do that, we can always say nothing. Is that giving Harry a free pass? Absolutely not. But nothing you say here will hurt Harry. So perhaps frustration can be vented directly at him instead. Remember, a share rises on optimism. It is only sentiment that makes share prices go up and down. Andy
cybaajak: The Sanderson Finance Deal for £4m prior to August 2019 fell apart because of 3 reasons. Firstly the Loan security that Sanderson wanted had to be agreed AND shared with ANS, because I presume, the deal was hinged on TKGM. Secondly the funds weren;t trickle fed and handed over wholesome. Thirdly the Share Price Floor was 2p. Remember those heady days ? Before HAA had a GM and required a 0.01 share price floor. Sanderson Got their wadge of free shares to begin with. Never got the ANS finance security and the deal fell through. Kefi had to keep the lights on so the small loan shark employed by Kefi, suddenly found himself in a remarkable position that so far has produced a flood of over 135 million share certificates, a continuous 20% reduction in ANY monetary transaction from the share price to bank account, that is funded and paid for by Kefi at every turn , so at no cost, or threat at every stage. When the deal is concluded and Kefi has spent £2.25m the Loan Provider will have pocketed at Least £600k in pure profit. (20% discount over a 3 day average that has been in continual decline since the first payment. No charges, no dealing fees, Initial set up fee and restriction-less guarantee on trading. Just No security on the loan OTHER THAN replacement of shares upon handing over the cash.) The lower the share price tumbles, the more SHARES ARE REQUIRED TO FUND THE AGREED FUNDING TERMS. If ANS fail to deliver there will be NO share price bounce BUT the deal will go on unto completion or when HAA calls it quits and just hands over the printing press.
cybaajak: 9 days left for a successful delivery of ANS money and a resultant reversal in share price for kefi. Or a disaster in the making as ANS fail to deliver and HAA is left holding the sadcap as he, yet again, releases another RNS with another delivery date in it. All the while the scum loan merchant is happy to keep plundering the Kefi long Term Holders wealth with dilution, at the behest of HAA, as in his own words, this deal was the best in terms that Kefi could get. This IS NOT GETTING ANY BETTER. The dilution WILL CONTINUE unabated until at least March 2020, even if the Loan Arrangement is completed. Kefi CANNOT claim back ANY FUNDS from TKGM UNTIL FINANCE COMPLETION. SO HAA will need further finance between December and March to keep Kefi afloat. Its basic math. IF ANS had paid up the 1st tranche and the share price had risen to 2 or 3p. The loan Provider would STILL BE SELLING large swathes of paper certificates because THAT IS THE FINANCE METHOD HAA has signed too. He just would be selling 2/3rds less than what he is selling now to provide funds to Kefi. And reciprocating, HAA would be diluting less by 2/3rds than he is now. The worry is that although, as some others keep stating, the UNDERLYING wealth doesn;t change, the relentless share sells to finance Kefi short term has a knock on effect with the share price IF & WHEN ANS actually deliver. Realistically the share price should react with a positive bounce upon receipt but will it continue to rise or fall back because the amount of paper TO BE ISSUED between now and March cannot sustain the support.
whatnow1: In the TW interview didn`t HAA say that the project was unstoppable and that at a POG of $1500 18pish Kefi share price was a realistic figure and that's not including the underground deposits? Please DYOR
cjm681: @digger2779 - the KEFI share price only goes one way and that is down. 0.5p coming
estseon: Re the Charmer post 60563 Q. Does Sanderson still hold security? A. As set out in the announcement, Sanderson has undertaken to release security. Q. Will the new working capital lender hold security? A. The new working capital lender is unsecured. Q. Will ANS Mining hold security? A. ANS Mining will hold the security. Q. Why did you part-replace Sanderson with the new lender? A. To use the security cover for best effect, to allow greater flexibility with deals in Ethiopia and to spread our funding sources, Q.One of KEFI’s shareholders and supporters suggested in a public podcast that you could have done a better deal with another particular lender. Can you comment? A. We did compare alternative offerings and picked the deal that worked best for KEFI. We do not comment publicly beyond that. Q. Why do you not just make a placing and avoid these working capital lenders? A. It’s a choice based on the Board’s assessment of likely milestones in the short term and the lowest cost of capital in that light. Q. How do you feel seeing the share price reaction? A. Disappointed for the shareholders who sold. Posted 09 August 2019 ANS appear to be calling too many shots but at least there is that evidence that they consider TK to be a valuable asset, something to grasp at and conspire for, and any form of reflection of the potential value of that asset in the Kefi share price would result in a multiple revaluation from this low level.
robjm66: hxxps:// The Company's existing issued ordinary shares have a nominal value of 1.7p each ("Existing Ordinary Shares"). The closing price of the Existing Ordinary Shares on 31 May 2019 (being the latest practicable date prior to publication of this document) was 1.47p per Existing Ordinary Share. The Company is not permitted by law to issue shares at an issue price which is below their nominal value, and therefore is unable in the present climate to raise money by way of a fresh issue of shares to the fact that the market price of the Existing Ordinary Shares is below their nominal value. Accordingly, it is proposed that each of the Existing Ordinary Shares be sub-divided into one new ordinary share of 0.1p ("New Ordinary Share") and one deferred share of 1.6p ("Deferred Share"). The Deferred Shares will have no value or voting rights and will not be admitted to trading on the AIM market of the London Stock Exchange plc. I am I no way an expert but just looks like some house keeping to give the option to raise some funds if they needed to and was in light of a 1.47 share price substantially lower than the present price. AGM not till the 28th and think kefi will have funds from ANS before (maybe/probably long before that)with other good news so there is simply no need for this arrangement as the shares will not be below their nominal value. Can understand why it was introduced as Kefi has had good news before and we have sat here and wondered why the share price was not a lot higher but would make sense for the company to withdraw this after the ANS funds are received as no longer being needed. Otherwise harry is going to look a bit of a prawn giving us all the good news then talking about why we have to do this when we actually do not. Could make some kind of commitment now in the Q@A section on Kefi website along the lines if the measure is no longer needed due to the share price being over it nominal value it will of course be withdrawn before the AGM. Then problem solved.
cybaajak: The last time Kefi Share Price was 5.57 was March 2017, Just after the 1 for 17 consolidation and before Lanstead started screwing with their side of a finance deal. Also there have been 4 or 5 dilutions since then, 2 States of Emergency, Share holders have been called 'nervous nellies' while watching their investment get slaughtered, deadlines for ANS funding have been made, broken, remade 7 or 8 times over. Resident farmers have been 'moving' since 2015, only being hindered by no less than 2 wet seasons a year, because Ethiopia. The most recent question mark hangs over resolution number 8 for this years AGM. Oh yeah, and ANS funding, which was 'supposed' to be in an escrow account awaiting Central Bank clearance and release..
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