Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Posted today.. https://www.kefi-goldandcopper.com/files/files/WH-Ireland-AIMs-next-gold-producer-18July23.pdf
From 121 Conference London 9-10 May 2023-MCAP when share price 0.95p was £38M ($47M)
Project Economics
• Scope to create mid cap gold/copper company from 3 projects
• Current resource base 5M oz gold equiv. (2.3M oz net to KEFI)
• Tula Kapi net operating cash flow is £100M p.a. and NPV8 £178M (2.6p
and 4.5 pence per share respectively) at current gold price of $1,989/oz as
at 30 April 2023.
• Group production profile will be in excess of 340k ozs per annum in 2027
Now MCAP from the fundamentals tab above £26.81m with everything still in play..
dyor
Q-General consensus is less talk, presentations, faff.. a LOT more nailed down - results please. Enough is enough
A: Thanks for your patience and support. Unfortunately, delay is the price we have paid for project financing a mine in a country which until recently had 6 years of turmoil.
The whole syndicate feels similarly motivated to launch now. The country has turned, everyone is aligned and it is happening - of course within tight risk-management.
Posted 14 July 2023
"Kavango will now also finalise the prospectus for completion of the £4.6million investment from Purebond that will move ahead on the terms agreed in May."
Now that the share price is so low will Purebond go ahead with the deal?
If they pull out where will that leave Kav going forward?
?
Q-Are you able to provide the recent article on KEFI in the Addis Fortune newspaper?
A. Yes, here is a PDF of the Addis Fortune article titled "Authorities Open Doors for KEFI's $390m Gold Mine Amid Sweeping Regulatory Changes".
Posted 04 July 2023
Wow... what a great interview, to tell your shareholders to sell and move on if you don't like it?
A: Sir, you respectfully take it the wrong way. The Chairman’s statements repeatedly reinforce our appreciation for the support and patience of shareholders. We also respectfully and repeatedly highlight the risks and challenges of our endeavours and that investors who are fundamentally uncomfortable with such situations should consider seriously whether the sector is for them. We see that as being sincere and caring.
The poll conducted after the AGM webinar provided a lot of feedback which was overwhelmingly appreciative.
Posted 04 July 2023
Anybody selling after reading the recent rns's and watching Friday's investor meet interview seriously need to give their head a wobble imo.
The current share price could be increased by multiples and yet it still wouldn't be a true reflection of the value of the Saudi projects let alone Tulu Kapi!
dyor
Lovely update..
"Portfolio Economics for KEFI (read rns for context)
Aggregate NPV (KEFI share in GBP at US$1.25:GBP1.00) £318M
The above aggregate NPV of £318 million is c. 10 times KEFI's current market capitalisation "
Should see a blue finish today!
"Annual General Meeting ("AGM") of the Company will be held at 11:00 a.m. (EEST) (9:00 a.m. BST) on 30 June 2023 at Hilton Park Nicosia,1 Achaion Street, Engomi, Nicosia, 2413, Cyprus. "
"KEFI Gold and Copper plc (AIM: KEFI), is pleased to announce that Harry Anagnostaras-Adams, Exectutive Chairman, will provide a live presentation relating to the Post AGM Investor Presentation via Investor Meet Company on 30th Jun 2023 at 10:00am BST."
Imho Harry is following the rules by the book,with all i's dotted+t's crossed and importantly he and the board are invested heavily thus they have full faith of Tulu Kapi/Saudi projects being successfully launched.
The gold,copper etc are still there and a mid-tier miner is the goal!
Does Tulu Kapi community have to agree to resettlement?
Q: So the community has to agree everything? This could take forever? Why can you not get the government to force resettlement?
A: This is indeed compulsory expropriation. The site community cannot block the development of the nation’s mineral resources for the good of the nation. But it must be done according to the standards which the company has referred to from day 1
The community enthusiastically wants to get on with it. The benefits are all desired.
The key milestones for certainty of project development are the signing of umbrella agreements to date, the satisfaction of key conditions precedent to date and next final board and committee approvals. We then mobilise community preparations and funds flow follows the agreed procedures set out in definitive documentation signed soon after oard approvals.
One individual funding this by himself/herself could make up rules. But that is not the real world.
Posted 26 June 2023
Imho yesterday's update rns(Tulu Kapi Major Financing Conditions Precedent Met) in conjunction with today's interview in normal market conditions would have seen the share price advance higher.
The whole market has been in the doldrums for at least the past eighteen months and now is the ideal time to load up on stocks at a low and sit tight.
Sorry I should have made it clearer, in March 23 half year report it mentions cash in December 22 £766k and then a placing raising £2.6m. So cash total was around £3.366k in December 22? TW's holds sbtx,opti and kefi which he mentions regularly and Kefi which I hold. Think one of these three must be likely candidates that he might be a insider on. Sbtx is at a low price and croda positive update and it'll fly imho. I'm watching closely. gla