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It may not be as nuts as you think if you stick around for 5 to 10 years but of course most of us won’t.
It’s been posted here before but the broker targets up to 10p or based solely on TK mine only. There is high grade deeper stuff plus also numerous other targets in Ethiopia.
Saudi is essentially virgin soil rich in minerals and Unmined zero in the price for it so yea in 5 years time kefi could have a mkt cap multiples of the 10p medium term target.
For now 4p is min fair value post finance trigger with that figure rising as we near production.
@Starbuck911
60p long term?
What are you smoking? :-)
Well done Degs nice return on that entry?
Strong PR today....real indications imo the big news must be close to a done deal then we can collect the big bags.
Good RNS today .
Skill base going to be needed.
Tells me they are very very confident on what's to come .
6-8p pre fundamentals.
60 p long term target.
Was in initially at 1.35 buddy.
You in degsy? Kefi ready to motor soon enough, churn has to be done soon.
Yep must be on the dregs now they only had 26m shares left.
Surely just the last few bits of easy profit being worked for CLN holders around the 1.7 range....
We've all seen this type of thing before at UKOG and PREM when the CLN seller is done the book will change and this goes up in big LUMPS....
It’s cln churn isn’t it. It’s still gone up 3 fold in a week or so and then retraced and is pushing again
No sweat to me, chaps. I've got my full position as of this morning. 3mn cheap tickets, with the bulk acquired weeks ago around 0.7p.
I am simply puzzled as to the continuing heavy volume and no net price change despite anticipation by traders of a near-term funding event.
Bigbear- exactly.
Sold gold...
Harry Anagnostaras-Adam (@kefiminerals) and Samuel Urkato (Minister for Mines) at today's signing cerimomy formally developing the mining sector for Ethiopia.
#kefi #gold #mining #ethiopia
Jarv55 that looks pretty big news going on there!
https://twitter.com/RichardMBrooks/status/1195009487352029185
simple solution.....IF there are CLNs not still being sold to the market take advantage of the headwind they are providing to acquire cheap stock. The alternative is you wait till they are fully done and you pay top dollar....
I think that as well. There are still a lot of CLN to be rid otherwise this would have rocketed. Don't think an RNS will be out re ANS until all gone.
smacks, [14.11.19 15:25]
from andysand on advfn board
Not sure if this was spotted already. This from the ministry of mines. I wish people would pay more attention to this snippets. They all tell us that this will go ahead.
The mining sector is working hard to make it profitable and competitive
One of the reasons why the mining industry does not make a significant contribution to the country's economic development is the lack of trained, competent and competitive human resources. The sector is in its early stages of development, and the lack of competent, competitive and trained human resources to be a vital input to our mining industry has made it impossible to meet national expectations. The Ministry of Mines and Oil is conducting various activities to guide and manage the sector with knowledge and expertise, and is working with relevant bodies to provide education and training essential to the sector.
Today, our ministry has signed a Memorandum of Understanding to develop the human resource sector with the Tullu Kapi Mining Company and the Western Australian Mining Division.
During the meeting, Australian Ambassador to Ethiopia Peter Dwold expressed his appreciation for the special emphasis the Ethiopian government has on the mining sector and their government's continued support for this realization.
Mr. Harry, chief executive officer of the Tullu Capital mining company, said his company would work closely with the Ministry of Mines and Petroleum to develop a competent and competent Ethiopians in the mining sector.
This agreement will enable the country's higher education institutions to focus on and experience the sector and open the way for the expansion of mineral investment by generating new business ideas. Companies engaged in mining exploration and development can also significantly reduce foreign exchange costs by developing a mining industry in the country.
How do we know that ALL of those 26.77mn shares issued to the Loan Provider yesterday, have already been forward sold? No certainty, imho. They could still be dishing them out, albeit coming to the end of the sequence.
Best park of £30K 1.72M shares...
How much?
Yep saw that - nice money to invest.
Just in……..last of the mates rates?