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If id have stayed in this con I would of been wiped out by now but I got out lucky for me, but to watch HA keep sucking you all in like this is scandalous he always finds an excuse that something has to be over come before being able to proceed with finance, the list of excuses over the years is endless.
Trying to be cleaver bunion( I hope you've got one on your nose) I've nothing to hide and don't lie.
Highest price paid: 5.65p
Lowest price paid: 1.01p
Weighted average price paid: 1.36p
Highest price received: 5.66p
Lowest price received: 0.93p
Weighted average price received: 1.42p
30/06/2020 Sold S679163732 0.99 830,370 -8,173.19
30/06/2020 Sold S679162632 0.93 970,874 -8,994.05
30/06/2020 Sold S679161582 0.99 505,051 -4,994.05
26/06/2020 Bought B677958262 1.04 287,301 3,005.95
26/06/2020 Bought B677956562 1.01 889,328 9,005.95
26/06/2020 Bought B677954602 1.02 1,129,666 11,506.95
06/01/2020 Sold S525158572 1.72 777,864 -13,330.42
03/12/2019 Bought B506681452 1.80 777,864 14,009.95
26/11/2019 Sold S504172262 1.24 933,468 -11,515.38
25/11/2019 Sold S501757612 1.43 351,787 -5,008.05
09/08/2019 Bought B440864182 1.06 469,905 4,999.99
07/08/2019 Bought B439835042 1.23 815,351 10,000.00
27/07/2017 Sold S035156242 5.30 45,020 -2,374.11
27/07/2017 Sold S035143762 5.30 3,774 -188.07
18/07/2017 Sold S029834712 5.08 19,705 -988.08
11/07/2017 Bought B024438982 4.38 68,496 3,011.94
06/07/2017 Sold S022835552 4.66 104,130 -4,835.30
06/07/2017 Sold S022819292 4.66 6,445 -288.06
04/07/2017 Sold S022159982 4.58 13,101 -588.08
27/06/2017 Sold S019915512 5.03 19,901 -988.08
23/06/2017 Sold S019075512 4.88 7,180 -338.08
21/06/2017 Sold S017735632 5.31 8,663 -448.06
16/06/2017 Sold S015085342 5.55 1 -11.89
09/06/2017 Bought B008086312 5.65 1 12.01
08/06/2017 Sold S007794642 5.66 11,838 -658.08
02/06/2017 Sold S005862512 5.31 11,295 -588.10
24/05/2017 Bought B001679432 5.36 43,812 2,361.94
16/05/2017 Sold S942878741 5.42 6,089 -318.07
03/05/2017 Bought B935006881 5.60 25,000 1,411.95
03/04/2017 Sold S918248441 4.51 11,089 -491.05
29/03/2017 Sold S916955581 4.90 10,205 -494.10
07/03/2017 Bought B904624581 5.05 59,405 3,005.90
02/03/2017 Corporate action E 00633819 0.00 81,722 5,005.95
Your holding in KEFI Gold And Copper plc (KEFI)
Units held: 5 Overall gain/loss: £0.03 (50.00%)
First deal: 16 March 2017 Day gain/loss: No change
Last deal: 26 November 2019
YOUR HOLDING SUMMARY
Highest price paid: 5.30p
Lowest price paid: 1.11p
Weighted average price paid: 1.81p
Highest price received: 5.36p
Lowest price received: 1.28p
Weighted average price received: 2.36p
KEFI GOLD performance chart
TRANSACTIONS
INCOME
HISTORY
Date Type Reference Unit cost
(pence) Quantity Cost
(£)
26/11/2019 Sold S504171552 1.28 570,330 -7,295.12
25/11/2019 Sold S501758622 1.43 351,787 -5,008.05
13/09/2019 Bought B465524452 1.11 922,122 10,290.00
28/07/2017 Sold S035466892 5.01 92,701 -4,632.37
27/07/2017 Sold S035177562 5.22 95,786 -4,988.08
27/07/2017 Sold S034896932 5.30 94,337 -4,988.10
27/07/2017 Sold S034769612 5.36 46,642 -2,488.06
07/07/2017 Sold S023142002 4.63 5,397 -238.07
24/05/2017 Bought B001678802 5.30 73,587 3,911.91
16/03/2017 Bought B911172371 4.50 66,577 3,001.92
16/03/2017 Bought B911172191 4.50 74
Well originally it was 1000 square KM considered proximal as it is around the TK licence area and within 50km trucking distance of TK not the main licence area.
Rob; surely these are in respect of licences adjacent to TK licence, ie next door?
"its long-standing proximal Exploration Licenses ("ELs") surrounding the Tulu Kapi Mining Licence area",
ie just further expanding our mining area
Well in theory kefi could just go ahead with TK then further down the track just develop the underground deposit there and the main damage would be to the Ethiopian mining industry with other mining companies either stopping or delaying their investment in the country.However that would mean Kefi losing out on a big exploration area and future expansion in Ethiopia and would have to pivot fully to Saudi as could not justify further investment in the country.
A possible compromise could be the granting of other areas equivalent to the areas that are up in dispute to either kefi or the Hong Kong shell company but that would still be damaging to the Ethiopian mining industry if kefi got areas away from TK just less so. It would be better to quietly offer the shell company a first in the queue opportunity to new areas away from TK if you are going to offer them anything.
Having read today's RNS in its entirety what is there NOT to like. They have the finance, they have working capital, they have substantial plans, management competence and structure, local and government support etc. etc..... Remember, Kefi started and still are an exploration company but they taking all the right steps to become a substantial mining company. I see £200m plus company here In a couple of years and probably double that in 4-5 years.
Surely this relates to ADDITIONAL resources, and NOT Tulu Kapi, and consequently has nothing to do with getting the deal done?
" in respect of its long-standing proximal Exploration Licenses ("ELs") surrounding the Tulu Kapi Mining Licence area, in order to continue exploration programmes and community development which have always complemented Tulu Kapi."
Don’t forget, Manu has admitted that he holds only two Kefi shares, so he’s a VIP here !
Would have to be a looooong film. (Gone with the wind?)
I said that the other day and proved right.
Maybe the risk reward has increased after today.
Wouldn't be so much fun if it was boring, would it?
A good film could be made out of this. All the material is there.
Thanks Robjm66, that's ..... a relief? Yes, hopefully.
I thought I was going mad there for a minute, wasn't appreciating the 'formal protest' might progress.
I'm still hopeful for project launch this side of Christmas (this year!) but all we can do is watch and wait. It feels as close as it's ever been, almost tangible, let's hope they can get it done soon.
It makes you wonder what some peoples motives and agenda are.
Why post on a investor forum in a company that you have absolutly no intention of buying into.
Or if you have brought into that said company and you feel that said company will drop even more in value then simply sell, save some money and move on.
It's why I spend most of my time on the telegram groups these days. Finding a troll and a ramper is easy on lse , what's a little harder is finding someone to have a conversation with a balanced view.
Patshare does not mention court action has lodged a formal protest then if they get no joy with that its administrative action probably something formal with the mining ministry. Doubt the Ethiopians will want it to get anywhere near a court with the ex mining minster being dragged into it.
Typical Harry.
"TKGM is now essentially fully permitted, with funding assembled and ready for the final credit committee and board approvals..."
= TKGM is not fully permitted. Funding is not approved.
"KME has lodged a formal protest with the Ethiopian Minister of Mines..."
= Here we go. Meet the new boss, same as the old boss.
I've been saying for months that there was something stopping the syndicate coming together and saying yes, and there we have it, formally disclosed today not in a separate RNS but in the run of the mill Interim Results announcement (which incidentally contained the 'material uncertainty' disclosure last year - nothing new there, this has always been running on empty).
Chances of finance sign off in Q4? Not until the over-pegging is resolved so slim to zero. Chances of a shovel breaking ground in Q4? Absolute flat zero.
Without that finance signoff and drawdown, confetti cannon primed and firing in 10, 9, 8...... You can see it coming a mile off. That is why there is a huge overhang at 0.7. Next placing will be at, what, 0.5? 0.4? How quickly before it goes under the placing price? A week, like last time?
Anyone buying against this backdrop is absolutely mental.
Perhaps things will change in the next 3 months?
Where in the RNS does it mention 'court case action'? I can't see it.
Https://www.proactiveinvestors.co.uk/companies/news/1028176/kefi-gold-and-copper-to-open-tulu-kapi-mine-this-year-1028176.html
Company decided to clear up the exploration areas issues now either asked to by the consortium or they have got informal assurances before but probably do not want problems further down the track. That is reasonable could get a new mining minster that did not feel compelled by previous assurances. Plus likely some money in the overall package is earmarked for early exploration of those areas.
Up to the Ethiopians how quickly they want the deal done, the timing of the webinar suggests it will get sorted out this month.
“Optimistic about resolving this situation, KEFI has applied for additional exploration licenses in Ethiopia.
Its a pain in the rear but what with the other mining companies looking to invest in Ethiopia recently if the Ethiopian have any sense they will want this sorted fast as well.
Not much further ahead.... are we?
Oh dear.
I would be amazed if the Banks will sign-off until the licence issue is legally resolved. This is a material and important factor as it has been mentioned in the RNS.
Dv 😂😂😂
“We're on the cusp of greatness manu, buy in now before its too late....
I just don’t see it I’ve been watching this con play out year after year and been in and out of this sting.
It’s not a case of me getting in it’s a case of how are any of you going to get out ?
HA hasn’t got a clue but he knows how to bullsh—t
Totally agree. The Banks are very "conservative" and would think that they would need that licence issue resolving first before they commit.
For anything major as a Webinar is planned. When has anything of "real" importance has been announced?
We're on the cusp of greatness manu, buy in now before its too late....
We remain on track.....
'In Ethiopia, the Company plans to launch Tulu Kapi in Q4 2023.'