The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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@NickE Thanks for that link - I mean first frame HAA biggest smile eva! Guy is clearly very happy, very relaxed....hmm
Does that corner circle the globe?
Thanks for posting the interview link NickE. Sounds very upbeat and news from all projects seems just around the corner...
Imagine how well they would be doing if this company had got off the ground some years ago - the constant delays are now v. costly
Https://www.proactiveinvestors.co.uk/companies/news/1045172/kefi-chair-says-stars-are-aligning-with-gold-at-2-400-1045172.html
One of the best interviews Harry has done and full of specific and positive content. Focused on the gold price and junior mining index which was interesting in itself. Highlighted that in 2011 when Gold was at record lows the index was at record highs at 700 now it is at record lows (40) when the gold price is at a record high. As he says it's lagging but inevitably will play catch up and when it pops it will do so significantly.
Updates on TK and Saudi flagged up for this month and next month, expected full docs sign off by end of May for TK (internal processes showing it’s all on track) and confirmation there is now a specialist police force permanently assigned to maintain security for mining projects including TK.
Seems to suggest Saudi resources have been expanded from recent drilling. We’ll hear more this month on that and they are of course getting closer to producing an NPV for the Saudi assets which will be a trigger in itself for a KEfi re-rate.
He made the point that the producers will be throwing off cash and looking for acquisitions. It was clear that he was implying with gold at its current price and trend that Kefi is very much in play. Or more accurately it will be when TK funding is signed off. That comment in this interview ties in with his aside in the Investor Meet presentation where he said he was regularly being approached by people at Saudi conferences making all sorts of offers.
At this rate Kefi will be an M&A target and Harry will need a new job.
Thanks Bear looks like Harry is gradually realizing that we have a gold price that is likely to go higher with projects that are economic on a much lower gold price and kefi might get "consolidated". Hopefully we will not get any more of that consensus gold price forecasts BS that were laughingly wrong on the low side should have asked me as I obviously got more idea than whoever is advising the company.
Well they decided to change the spread and move up the bid to 0.57p
There was a 2M buy just before ... 11:45:48 - 0,576 - 2,000,000
Meanwhile some are buying on large size at the lower price
Tommo - the reason for Kefi's share price is slumbering because of it is history... and HAA's poor delivery and failures... kept kicking the can down the road... :)
There will be a black Swan event. That's the nature of 'Frontier markets.' The sp would not be at this price if it was a 'done deal.'
Always has been and always will be 'high risk.'
*Even once funding and production starts.
There are more than FourCandles or BAAstards around
Three thoughts. Surely with the gold price having fired up to $2400, you would think finance sign off has became rather more attractive than a few weeks ago. Secondly, the NPV calculations must be looking damn juicy right now. And thirdly, given the discount kefi trades to even NAV's done on $1750 gold... the gearing here is incredible.
IMO about now Kefi should be shooting the lights out. But it keeps slumbering so far...
Or a candle in the wind ? LOL , i think for now we should try to forget this killing unless it is clear that it will affect our bank sign off. Happier things to think about,like harry getting an OBE perhaps ??
Or the starting next year of Starmergeddon in the UK :-(
HtTps://ivanhoeelectric.com/electric-metals/saudi-arabia-maaden-jv/
You can see the area here
htTps://www.kefi-goldandcopper.com/projects/saudi-arabia/hawiah
Hawiah is located within the Wadi Bidah Mineral District (“WBMD”) in the southwest of the Arabian Shield.
Https://goldprice.org/ gold on the rise might see it above 2400 today which would be twice the price from a few years back.
Https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3170-tsx/ie/158929-ivanhoe-electric-and-saudi-arabian-mining-company-ma-aden-complete-first-full-quarter-of-exploration-activities-in-saudi-arabia.html
Next Stage Mapping and Sampling Commencing on Additional Joint Venture Lands in the Al Amar and Wadi Bidah Belts
(The significance is that Kefi is active in the Wadi Bidah area as well with some of the areas bordering each other)
The way you carrying on you'll be a burnt out candle.
Chill, mate.
DvH, actually i think i have held a strong nerve on this matter,it is not a good idea to deny reality though by the same token,the slaying of a key opposition figure in Ethiopia at this juncture is the last thing we need after a period of what seemed " a settled peace" . If this does affect our project timelines it will be un-fortunate and very bad luck just at the wrong time,by the way i do not hold Harry responsible .It is a fact though that we have been waiting so long for lift off at TK that something was bound to pop up on the newswires .
If we do suffer another disgusting short attack,us shareholders will need to hold our nerve and support the company otherwise we will find ourselves in a death spiral ,remember without that fifth candle we are not going anywhere bro :-)
0.58p as UT but the spread of 0.582 v 0.592p
An excellent progress today, though the Final UT price was not the proper outcome of the day
Chart with comment ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=Ph3aJ0M7XX4aXLOuhwFH/jZ88XG7idmMq18KzS3yORQ=
FC, you're coming across as a real bed wetter. Just grow a pair and chill. Too much stress is not good for you and you might become one of the many millions in the UK who suffer debilitating mental health illnesses.....
Is - FiveCandles -scaremongering a bit too much?
Time to downsize to FourCandles >>>> https://youtu.be/gi_6SaqVQSw
Yes Rob it does need watching ,so far it seems to have had no immediate effect but that is largely due to lack of coverage and reporting. Would the killing of a popular opposition leader affect the decision of the second bank to sign off the deal ? we dont know as yet ,i would hope not of course,if we do come under another sustained short attack off the back of this news though it may require a statement from Kefi to calm the waters. I wonder what TW makes of it ???