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2046
Makes the prize sweeter, kefi more valuable and deal more likely to be done. When the deals done it will make no sense for us to remain under 5p at all
just SP need to close above 2p today and end of the week... we will move towards 2.5p very quickly indeed, from TA standpoint.. fundamentals and TA is aligned.. :)
Early finish from work and had a look in.wtf has happened here? Why the rise? Cannot see any news around at the minute. I have just bought more as this is going ballistic shortly going by the buy volume today.
Gold price is up is main driver and it had been nudging through the chart resistance recently too
It's always been massively undervalued. The market starting to realise this is the strongest position kefis ever been in to close a transformational deal. 2.5p anytime and then Saudi news hopefully next week. 3p+ before September
unless of course financing never comes - they have been waiting 3 years to no avail - when it doesn't arrive there will be yet another dilution to raise funds for 6 months of Harrys salary - rinse and repeat and this will be under a penny again . Ignore the same old rampers if you want to keep your shirt !!
....annnndddd he's back - 1p tomorrow!
keep de-ramping this - it's doubled since you started!
yes, but this time ANS have been told to put up or shut up
2050! I hope our sour LTH smellyben can be happy for the rise, and see how this is the strongest KEFI has ever been. Gold rising will see this deal done absolutely in my opinion, it's a no brainer
errrrrr like the last time when they couldnt get $9million ?
I accept the assertion but surely we don’t need to have this debate again ;) let’s see in Sept/Oct
no brainer? How about a few facts instead of your ramping
1. KEfi was in a far better position a couple of years ago when they had (apparently ) secured financing from major local institutional investors
2. At the time there were circa 400m shares - today this stands at 1.9 billion as they diluted and diluted again as financing was delayed a few months time and again and PIs had to fund the price of Harrys failure - he continued getting his £300K + a year .
3 Overhead costs of £5m per year - last funding raising of £3.7m gross (net was about £3.4m) from 6 months ago is running out - end of this month/early next which will prompt another round of financing - they will hope the share price stays around here so they dont have to diilute too much but dilution is on its way - it is inevitable if you use simple maths.
4 the financing people are talking about (if you are new) is for the project of TK NOT for corporate expenses so dilution is a dead cert
5 Ethiopia has had two major states of emergency in the last 5 or 6 years - the last one ended about 18 months ago but recent civil unrest, spate with Egypt and protests especially in the TK region has risen over the last couple of months - there has been an attempted coup and I would not bet against another state of emergency - not an ideal environment to lend a minnow over £200m
Hi Investor I only make the point because it looks like there are a few new faces so I wanted to give them a rounded picture rather than the rampings of others - I'll leave now until next week
The bad smell has turned up again like a dirty chow pulling kefi to bits
Understood , hope you’re having a good week
You have negative things poised and ready to post , about the the past
Todauy, copper is at 6512 and we have 20 million tones at 2% copper equivalent
TK will produce up to 200k Oz per annum when the deal is done, and at 2000 dollars and Oz to will produce 400mil a year.
Never in the past ever has that been the case.
And gold now 2040+ and in a UPTREND
Your just baltently lying now! 2 is the only thing that is apparent to us and effects us going forward. But doesn't even. You smelly bit lol
Wish I had more money to put in here. Sickening watching others invest at these prices before the news.
Never mind bought a little earlier so mustn't be too greedy.
Do not call me a liar - you can disagree with my analysis or take a different view on how the COVID/Egypt/civil unrest/financing /dilutions etc will play out but I never tell a lie - You are a blatant ramper as a review of your (thousands ) of posts on Kefi illustrate. you say Kefi has millions of tonnes of copper - it doesnt - it has 34% of JV that they cannot afford to develop (their share was 40% and they had to give the 6% for some initial drilling/testing - where are they going to get the money to develop or do you expect them to dilute again to raise PI funds . You display a complete lack of knowledge only ever spouting what the company PR machine says never reflecting that they have consistently told untruths for 3 years and more - I could fill a library with the amount of RNSs that said financing was agreed , about to happen, next week next month etc - you take them at face value - but please update your copy and pastes as the info is out of date folling teh tripling of the price in the last couple of months.
Disney elephant
No news but plenty of ramping.
Feel sorry for the guys who bought in the 2's. We have seen it all before on here where we have the sellers tomorrow and this plummets yet again. Rinse and repeat.
The sp is rising due to the hype but no substance.
Agree with MJW, MaskedSinger it’s not credible to say the same thing at every price level without accepting there are some genuine drivers for change. Just as those very positive on Kefi should accept there are still and always are risks.
There is only really one guy on here I think is a proper ramper (not counting Goldboy who is just an uninformed sheep) and even he has been very restrained by standards of a few weeks ago. SP is up because gold has made all time highs (in GBP too) Doing this to prove a point not to embarrass:
Themaskedsinger
Posted in: KEFI
Posts: 129
Price: 1.005
No Opinion
Lots of positive06 May 2020 16:44
information on here and still cannot shift the shareprice. Seems to be past it's sell by date.
TMS
Also note that given he doubled his holding directly and via taking payment in this last year, Harry’s holding has not been worth more to him since consolidation of the SP than it is today - ie £500k or towards 1m in his local currency. He’s fairly incentivised not to screw it up (meaning either closing funding or not doing another placing at a 40% discount like last time).
This has to be the stupidest statement here today and there have been plenty. "Kefi were in a much better position two years ago". What a laugh. Kefi's main product has increased in price 50% in the last 12 months yet this dumbass expects us to believe a company is in a better position when its produce is less than half the price. Hard to know where to start except this is the typical standard of bull s--t we have had for the last few weeks. First the SP was going to 1.2P then the price of gold was going to $1600 and of course then he sold his shares to buy bank shares which would probably be true because it is so stupid. You really are a clown and should do a basic course in business. When your product doubles in value and your costs are the same your profits actually double. I know it's a lot for you to get your tiny little brain around and maybe you should just keep buying Barclays because they are on a slide to oblivion but your arguments on this board have gone from the ridiculous to the downright stupid. Do yourself a favor and post on the Barclay's board.