Member Info for Bear666

Gold heading towards $1800
$1,791.06
Today Change
2.01% $+35.21
Today high $1,792.50 Today low $1,746.80

Q.. How many drill rigs are currently at your projects?
A. The deployment and allocation of drilling rigs in Saudi Arabia changes regularly in line with the work schedule. We have:
- 2 rigs at Jibal Qutman focusing on geotechnical and metallurgical work for the DFS which will then turn to resource infill and extension work;
- 2 rigs at Hawiah/Al Godeyer on resource infill and extension work; and
- also recently had rigs on hydro-testing at both sites.
Mobilisation to our other new licences in Saudi Arabia has begun but not drilling.
Tulu Kapi has no current drilling but next year extensive in-fill drilling and some deeper resource extension drilling is planned.

Posted 01 December 2022

https://twitter.com/kefiminerals/status/1597922433935151104

Can't get better than that "KEFI was asked to be a case study for the attendee UK industrial companies" imho
Must be very confident about Kefi's future prospects in Ethiopia (poster child) for investment into Ethiopia?

Q.. Was KEFI a case study in a recent Ethiopian government sponsored investment forum in London and, if so, why not have publicized the event?
A: The Ethiopian govenment hosted an Ethiopian Investment Forum in London supported and facilitated by the UK foreign office. KEFI was asked to be a case study for the attendee UK industrial companies. We participated along with the Ethiopian Ministry of Mines and Chatham House rules applied.

Posted 30 November 2022

Hopefully after the presentations on Thursday/Friday they'll be pick up in buying and we get the share price nearer to the 1p mark.

I think he did say in one of the interviews, "not doing a placing etc?"
My other point about pulling in new investors and then placing soon after would definitely be damaging and thus off the cards?
Funding sign off seems to be only days/weeks away?

First ppl need to take a proper look at the presentation released yesterday.
https://www.kefi-goldandcopper.com/files/presentations/kefi-investor-london-investor-presentation-28nov22.pdf
Mid tier in the making imho
Secondly HAA has stated in his recent webinar, "NOT PLANNING AT DOING A PLACING" at 59.10 seconds in .. https://www.youtube.com/watch?v=qN4_tdf--Vo
Kefi are doing presentations one on Thursday +Friday this week and doing a placing before or after wouldn't put the company in a good light,since pulling in new investors and within days after undermining them would be detrimental for the company going forward.
Imho can't see placing and sign off during December is on the cards... DYOR

A few weeks ago Kefi presentation at "Ethiopia-Canada Business and Investment Forum"(Ethiopian mining on the map to help future inward investment) and now two presentations in London. All putting Kefi and Ethiopia on ppls radar.
Also in today's rns " Progress remains on track for definitive documentation to be signed by year-end for the Tulu Kapi Gold Project financing and project launch."
Can't see any negatives,just positive..

You know that you're on to a good thing when the de-rampers are out in force desperately trying sow doubt. Karma will hopefully visit you very soon!

Has anybody subscribed to the link "Tintin34" posted and read the article?
Ethiopia only has one operational industrial goldmine, with another on the way = Kefi?
dyor

On 29/10/22 when the share price was 0.60pish i wrote..
"Sept 2020 people were paying intraday best part of 3p per share..(1 million = (£30kish) and now 1 million cost around £6200ish?
Yes there's been more dilution since, but there's also been more licences and proven resource since."
Now 1 million will cost just under £9k..
TK news is coming soon and SA is getting better by the day imho.
Can't be long before the 1p is smashed through?

An update on SA's(Hawiah Project preliminary feasibility study ,Jibal Qutman Project , Jabal Hillit and Qunnah Exploration Licences and SA listing?) would be welcome while waiting for the TK sign-off. Would certainly help us edge up towards the 1p threshold before the TK update arrives.
Tick Tock!

Seen it numerous times before a share price "to's and fro's" and be battered by "tree shakes" for month after month. Then a news event or simply a change in sentiment and a 50/100/200% increase can occur intra-day.
Ppl are waking up to the fact that there is clear disparity between current mcap/valuation and drilled proven resource of the numerous projects and licences being gained.

Here's the tweet from yesterday from Kefi..
https://twitter.com/kefiminerals/status/1595008269872947203

Human nature being what it is,when shares prices are low ppl are hesitant in dipping their toe in(buying) and yet when share price starts to rise ppl are happy to buy paying a premium.
Multi company making news info seems to be set to be announced in the coming weeks,months and still ppl sit back.
Imho if? as all indicators are correct a mid-tier miner is in the making and this is a prime(life changing opportunity) that is available now.
If Kefi succeeds in progressing it's projects to launch,production,multiples of today's share price should be the cards.
dyor

@kefiminerals
Good conversations between Ethiopian Minister for Mines, Takele Uma, his colleagues and Harry Adams, KEFI Executive Chairman, as the Tulu Kapi Gold Project is moving full steam ahead
10:56 AM · Nov 22, 2022
There's a picture to go with the tweet showing them at a expensive looking restaurant.
Looks very harmonious between HAA and the Ethiopian Minister for Mines, Takele Uma, his colleagues

From fundamentals tab/info above current Kefi mcap £33m.
Imho with TK,SA and possible SA listing mcap should be x8-x10 higher easily..
dyor

Looks like the mm's want your shares as the bid/offer ticks up?
I think they know what's coming =funding?,SA,SA listing?

TW exchanged emails with HAA yesterday and commented in the bearcast regarding the rns that was released. All looking positive and SA listing may be on the cards?