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
  -0.165 -9.17% 1.635 34,727,109 16:35:10
Bid Price Offer Price High Price Low Price Open Price
1.61 1.66 1.845 1.645 1.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -4.96 -1.04 19
Last Trade Time Trade Type Trade Size Trade Price Currency
16:29:54 O 25,000 1.66 GBX

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Date Time Title Posts
16/2/202021:23Kefi Minerals 2020 and beyond1,745
15/1/202010:18Kefi Minerals-2010 and into the Kingdom of Saudi Arabia64,312
18/12/201918:19KEFI - Peripheral Fluff12
31/5/201912:25KEFI Minerals at the UK Investor show5
29/1/201916:02to the wire1

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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 1.80p.
Kefi Minerals Plc has a 4 week average price of 1.35p and a 12 week average price of 1.09p.
The 1 year high share price is 2.20p while the 1 year low share price is currently 0.60p.
There are currently 1,148,873,172 shares in issue and the average daily traded volume is 42,319,138 shares. The market capitalisation of Kefi Minerals Plc is £18,784,076.36.
laurence llewelyn binliner: #goatherd... there were not many people smart enough to prove Einstein wrong, but he did.. quantum entanglement really is a thing.. :o), a photon from a distant Quasar a million light years away hits the earth, and the KEFI share price goes up, QED....!
robjm66: Hello Atticusfinch1 (pre sequel?) been a long road but turning point hopefully this month with a partner ANS putting their share of money which is the last significant barrier before all systems go. Company just raised some money with kefi employers taking shares instead of wages. Share price disconnected from what it should be over scepticism over the company getting it main project of the ground due to several delays. Past problems in the KSA which look like they have now dissipated and kefi have had recent drill results while early stage look promising there the company has already done trenching in the past there and had/has a lot of mining applications. Company spent money in the KSA recently even though it meant raising more cash to hold onto an area there. Massive potential in KSA that is not really reflected in the share price. Big expansion potential in Ethiopia as well both with the pit itself and targets within trucking distance and massive exploration area. Only real or perceived risk is ANS not paying up or another delay. Some differences of opinion between posters and shareholders here over how likely those things are. Think the share will rerate on the ANS money going in but will still be massive upside afterwards as could have a second company making project in the KSA and as the potential for expansion becomes more apparent that’s before you even consider the company a play on the gold price.
sicilian_kan: The usual rag bag of legacy moaners on here. New holders have done quite well. I bought at 0.7p and sold at 1.6p. Back in now at 1.16p and it will be onwards and upwards. Not promising in a day, but this will not be going below 1p. Look at the positives: 1. All debt cleared both convertible facilities and monies owed to contractors and third parties. 2. £1.8m additional funds in the bank. Kefi have not been able to raise such sums for a long time and this shows real confidence from HNWI's in Kefi. 3. The warrant situation is vastly in current shareholder's favour. Either the share price is over 2p within 4 months, in which case happy days, or the warrants expire. This is a very short timescale and again shows confidence by the market in Kefi's prospects. Regardless, they will not be hanging over the company for long. Smaller holders moaning on here should look at the bigger picture. 4. Shareholder and subscription agreements were sent to the Ethiopian Government and ANS on 9 December 2019 to allow their subscriptions for equity into TKGM. This is a massive, massive step forwards and it proves that the project finances with be provided by ANS and the EG very, very soon. The funds ($9.5m) should arrive shortly after the agreements are returned, which should be this month. 5. Some of these subscription proceeds have already been deployed by the Ethiopian Government in order to construct a new road, again showing commitment to the project, which has Presidential approval. 6. Phase one of the community resettlement, debt implementation trigger and the final procurement and contractual arrangements with the principal Project contractors is expected in just one month, in January 2020. 7. Kefi has now been granted additional licence areas totalling 1,200km2, getting the first pick of land following the commencement of Tulu Kapi. Drilling will be funded in 2020 by Project equity subscriptions, which is great. 8. Tulu Kapi will be part funded by a massive bank loan from two local banks rather than a bond. This again is a vast improvement on before and demonstrates the commitment Ethiopia to the mine. Finally, let's conclude with some simple maths. Current share price is just 1.14p. At a gold price of $1,450/oz, the NPV of KEFI's interest in Tulu Kapi is $130m or £101m. Even including all the shares to be issued in January 2020, that equates to 9.6p per share! That is nearly 7x the current share price even after the dilution. It is no wonder the placees are happy to accept warrants with a 4 month shelf life and a strike price of 2p, because that is clearly where the share price is going and...for the bashers on here...wakey wakey, there is going to be a mine here, it is worth a vast amount of money and KEFI has a massive 45% interest in it, which is vastly better than most licensing agreements with majors, where they might be left with just 20-25% AND still having to raise the funds. Just a matter of holding and not for long either. As ever DYOR...
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: @ Lawrence. The Lanstead deal, initialised in March 2017 and meant to last 18 months ended 3 months earlier than what is should have and there was NO clawback from HAA in Kefi's benefit. After that there were a couple of finance deals but the most recent one is with an UN-NAMED shareholder who has never released a TR1 claiming he holds above 3%. If you check back over the past 3 months (well since August the 5th) when this finance package was publicized you will find that, with this latest windfall in the benefactors favour, over 163 million shares have passed through his hands. WAAYYY more than 3% of the company certificates BUT no TR1. It standsto reason that the method in finance is whats called bucket shop. He sells the shares he owns and floods the market, depressing the share price. Pays the funds to HAA/Kefi, then Kefi work out the math AND REFUND the shares to him. As the share price is depressed, the 3 day closing average is LOWER and gets a 10% bonus added in. In effect HAA is selling Kefi down the river, diluting EVERYBODY apart from the un-named benefactor.
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
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