Member Info for Bear666

Read the following rns https://www.lse.co.uk/rns/KEFI/tulu-kapi-gold-project-finance-update-knkzealhlz2yyna.html

Tamagotchi where in my post did i say share value/mcap is US$320M?
I wrote the proposed c.US$320 million financing of the Tulu Kapi Gold Project!
Now FO!

It's worth restating that Kefi is not a tin pot outfit raising 1,2,US$5 million,it's managed to assemble the proposed c.US$320 million financing of the Tulu Kapi Gold Project by its lenders. You don't have that kind of finance being sort/considered unless there's monies to be made!
TK will not only benefit the immediate community,jobs,housing etc but it will become the largest export generator for Ethiopia.TK will also have the underground and satellite deposits to uncover!
PLUS, there's Kefi's SA projects with their increasing licences,mre and a possible Saudi listing which in itself could be a huge positive catalyst for the share price in the future?
dyor

The new MOM is in place and once the "Ethiopian Government approvals" have been attained they'll be no stopping securing the outstanding signatures imo.

Tulu Kapi gold project one step closer to financing - https://bit.ly/3wCMEj5 - #KEFI #KEFIGoldandCopper #Mining #Gold #Copper #TuluKapi #Ethiopia #Hawiah #JibalQutman #SaudiArabia #Investing
*************.net
Tulu Kapi gold project one step closer to financing - *************
Gold exploration and development company Kefi Gold and Copper has announced that all lead contracting and equity investment parties have agreed to the draft
1:51 PM · Jan 30, 2023
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1,076
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Can anyone seriously envisage EG saying no to the c.US$320 million financing of the Tulu Kapi Gold Project? Years in the making!
HAA has stated both TK+SA projects are "unstoppable" and will be successfully launched- i for one believe him and stay invested!

From 23/01/23 rns.."We are looking forward to working with the newly appointed Minister for Mines, H.E. Habtamu Tegegn who was already supporting the project from his previous role as head of the Ethiopian Roads Authority."
News could arrive imminently!

Time to buy/top up/average down/average up and HODL!
TK on the verge of being launched?/SA licences galore,JV,,SA listing being discussed,SA increasing mre etc etc..
https://www.kefi-goldandcopper.com/investors/capital-structure
Plus there are some seriously large pi's who have quoted their holdings in the millions on this board?
dyor gla

I posted a few days ago that TW mentioned in his bearcast that "discussions regarding a dual listing in SA are making steady progress and could drive a re rate and news could be in the next few months?" Also "there's a company listed on SA market which has a less developed SA resource than kefi and is yet valued at a multiple of KEFI.."
SA listing news could have significant impact /re-rate on the share price?

Registered holdings per TR-1 disclosures as at 2 November 2022 were:
RAB Capital and related parties 7.1%
Winchcombe Ventures Limited 3.8% ( HAA connected via family member? https://24glo.com/en/cy/company/registrar/winchcombe-ventures-limited/190671.html )
Persons discharging managerial responsibilities shareholding
Directors, other employees and Persons Discharging Managerial Responsibility (PDMRs) 7.1%
So HAA,management etc have serious skin in the company via holding 100's of millions of shares between them at higher than the current share price averages?
It's in their interest to see Kefi succeed .. follow the money!
dyor

The title says it all "KEFI Gold and Copper momentum now "unstoppable"

Share price soaking up the sales!
Time to attack 0.9p :)

Calm before the storm..
Should see volume pick up and share price move higher imo..

Seriously is the derisory 0.7845p a true reflection of TK+SA projects, thus Kefi's valuation?
A.. imho NO!

https://www.proactiveinvestors.co.uk/companies/news/1004316/kefi-gold-and-copper-momentum-now-unstoppable-1004316.html

From the report. "KEFI has an estimated NPV of 10.1p/share, based on the attributable values of the three projects, and a gold price of US$1,830/oz."
Gold is currently US$100 higher..
The potential for the Kefi is evident at just 0.7845p currently,it has over x10 to look forward to+ a future divi might be in the mix according to one of the previous report coverage?

KEFI Minerals plc
@kefiminerals
3m
KEFI Gold and Copper (KEFI), rreleased a new Research Report titled, 'Ready for take-off' by Orion Capital.
Read it here: https://kefi-goldandcopper.com/files/files/Orior-Capital-KEFI-Research-Report-25Jan23.pdf

Markets have been on the floor for well over a year and Kefi are now on the verge of project launch in Ethiopia,soon to be followed by the SA projects.
I can't see much downside at these prices and considerable upside via rns updates and market bounce back which is due imho over the coming months.
Thus buy/top up and sit on your hands and wait to reap the rewards in the coming months,years.
dyor

https://www.thisismoney.co.uk/money/investing/article-11667277/SMALL-CAP-IDEA-smaller-gold-mining-firms-better-option.html

From yesterday's rns "KEFI believes there are no grounds to think all clearances and assurances will not be received."
"The Company expects all outstanding issues to be addressed imminently"