Member Info for Bear666

Trading in and out to make a few % is madness at this moment in the Kefi journey imo.
There's news awaited on several fronts which arrive when least expected!

You've got to be init to win it!
MC around £37m and analyst reports suggesting 5,6,7,8,9,10p as the different projects progress towards launch. Plus possible future dividends?
TK imo seems like a shoe in after watching Friday's interview and SA is just getting bigger/better by the day. dyor

HAA has stated numerous times that Kefi has access to unsecured advances if needed?

For newbies released on Friday last week ... game changer imo
https://www.proactiveinvestors.co.uk/companies/news/1010120/kefi-gold-and-copper-projects-may-turn-out-terrific-in-the-end-after-all-1010120.html

Cooperman21, Kefi have progressed significantly on both the TK+SA projects and are a totally different beast now. Even in difficult market conditions pi's are realising that there could be serious monetary gains on offer as recent trading volumes pick up. Naysayers ALWAYS seem to appear right on queue when sentiment has turned positive.
Why ppl who profess to be invested consistently start de-ramping is beyond me.
If the company doesn't meet your investment criteria or you have reservations move on.

Cooperman21 are you related to Tommy Cooper since you certainly sound like a comedian?
Nobody is forcing you to invest in Kefi!

Ppl things are just warming up,don't get left out in the cold!
HAA has told you in the proactive interview released today "this won't be a junior AIM company for very much longer."

$2,000.20
Today Change
1.56% $+30.81

Plenty of potential upside on the SA side..
estseon, on AD-FN board.. "And then there is the Saudi listing factor where currently mining companies are valued at what appears to be a considerable premium. If the Saudis continue to award premium valuations, Kefi could become a £1bn company.
The Company suggested as much in the presentation of 10th February (slide 25). And that comparison with AMAK is before adding the estimated 11Mt of reserves from Godeyer (so far), before expansion of the JQ (& surrounds) deposit, previously estimated to have the potential to treble, and before taking account of the potential of the unexplored new licnce areas."
dyor

Recent analyst report by Orior Capital shows there are some serious %'s/pennies higher to be made yet!
Page 4
https://www.kefi-goldandcopper.com/files/files/Orior-Capital-KEFI-Research-Report-25Jan23.pdf

From the interview ..
A) Government is right on board and allowed the two banks to engage the way they wanted to.
B)The total financial package is in place so that we can cover the whole project.
C)Atmosphere of positivity
This won't be a junior AIM company for much longer ie growing in SIZE!
dyor

Gold pushing higher $1,986.15
Today Change
1.90% $+37.11

It's quite evident by the recent shuffling of chairs,soundings etc that news is on its way imho.
Take your places and "keep calm and carry on".

Questions regarding KEFI's ownership of Saudi Arabia projects
Q. Why would KEFI potentially dilute from 30% ownership of GMCO when the value of the Saudi assets is clearly so much greater than the JV contribution required to maintain 30%?
A. It is clear that the intrinsic values of the projects exceeds our market capitalisation. But our cost of capital at this stage is determined mainly by the share market capitalisation. GMCO's expenditure in Saudi Arabia has been increasing with drilling and the work to advance various studies at both Hawiah and Jibal Qutman. The JV agrees budgets to continue to advance Hawiah, JQ and our large exploration portfolio prior to the work being done. The 25% ownership level is considered a strategic minimum threshold. Above that the Board needs to optimise the cost of capital, balancing the cost of dilution at each company level and as against project finance in due course.
Q: Why no mention of Saudi listing progress in the Quarterly Update?
A: The interest is there amongst regional investors as is the desire to grow this sector of the Saudi stock exchange. We have a few issues to work through with the advisers and exchanges so it is work in progress. Lots to optimize as the projects move forward.
Posted 23 March 2023

Gold Price $1,980.53

10 January 2022 Q4 2021 Operational Update
1st Apr 2022 Q1 2022 Operational Update
13th Jul 2022 Q2 2022 Operational Update
25th Oct 2022 Q3 2022 Operational Update
2nd Feb 2023 Q4 2022 Operational Update
22nd Mar 2023 Quarterly Operational Update - Progress On All Fronts
As you can see from the quarterly update dates, it seems the last two (Feb swiftly followed by March) is out of step to say the least?Clearing the decks, preparing for a BIG rns announcement imho? dyor

"This update encompasses the activities of KEFI Minerals (Ethiopia) Ltd ("KME") and Tulu Kapi Gold Mines Share Company ("TKGM") in Ethiopia, and Gold & Minerals Ltd ("GMCO") in Saudi Arabia, since release of the Q4 2022 Quarterly Update on 2 February 2023 and is being announced ahead of the end of the quarter to facilitate discussions at various events in Ethiopia and the Middle East in the coming days."
News rich period ahead for both TK+SA in the coming days/weeks?

FFS the lunatics are on a roll today filling board with bs!
Simple,if you don't believe/like the company there's plenty of others to choose from.
Bye/F--k Off!

Rush to safety as gold continues it's rapid rise.. Now $2,003.65
Gold price in the ascendancy should help to whet the appetite of the various parties involved in the funding discussions..

Gold Current Price
$1,988.76
Today Change 3.14% $+60.48