Member Info for eshaitan

Aren’t we due another quarterly webinar soon? You would think by next month there would be plenty to talk about, good or bad.

Hang in there Willibobs.

Hindsight is a great thing, we are all thinking why didn’t we sell a day before and buy back in a day later and increase the amount of shares we own.

I’m bad at timing as well but I don’t beat myself up about it. If you’re right on the investment case for Kefi then you will still make a lot of money.

I think they need to rewrite these reports.

What’s the fundamentals at $2500 gold when we start producing next year?

Kefi made a tip of the year today.

Happy New year everyone. Just made the time to read the Orior report it's pretty compelling and no doubt heavily biased as well!

I think this is the month. My prediction is financing in place in January and also a massive upgrade in Hawiah resource from the drilling by early February. Share price will be into the late 3's and Harry will do his most upbeat webcast yet.

It’s looking a bit more promising unvrkw. Litigation finance secured and finally people talking about fox marble again for some positive reasons.

If it keeps going like this you will soon be at break even. I will keep monitoring this, I would like to see some more results and borders reopening before investing again but may well miss the boat.

Here’s to fox holders having a good 2021!

Regardless of the political risk I still think this will be a tip of the year next week on share prophets.

The risk is divided between 2 countries and a whole basket full of ores. And news flow is likely to start early in the new year. With a relatively small market cap there’s not much not to like.

I agree 3p will be taken out instantly when funding is completed. The NPV of the assets bear no relation to the market cap if KEFI get into production.

Gold now above $1900 oz and copper up near $8000. I still don’t think any news until the New Year but I’m happy to be wrong.

I can’t see and financing news or Saudi news until the New Year now.

But I do expect share prophets to make this a tip of the year next week, talk to Harry and give us an update. Gold is nearly at $1900 again, I can’t see financing being too far away.

That should be research-tree .com

https://*********************/dashboard/DownloadResearchNote?id=f5bb0de0-213f-41c2-ac6c-783b80a05e49

Looks like funding will drag into q1 but no impact on planned mining start date. I guess the next news will be Saudi drilling results then, but it’s impossible to finesse a trade here. It’s just hold and wait.

The key words are “on track”. Finance has to be this quarter to not delay the project. I’m pretty sure the nomad would be all over this before signing off on the RNS. Finance completion has to be close.

Everyone hang onto your baby frilled shark and hang on tight.

Cracking statement!

Meanwhile I’m pacing in the waiting room checking in at 7am each morning....just do it already.

Tulu kapi finance is the only way this is going to fly.

The drilling results were good but it’s still an abstract resource in the ground we don’t have to money to exploit. But if tulu kapi is definitely going on line next year the cash it will generate gives so many possibilities to the company.

The anticipation of finance being finalised should keep the share price buoyant for the next couple of weeks. I really hope Harry pulls it off well before Christmas, I don’t want another delay overhanging the festive celebrations.

Hopefully some more news on drilling should be imminent as well.

My personal view is the market couldn’t give a bugger about the Ethiopian internal conflict which is localised and a bit of a David and Goliath conflict that was sure to soon be over.

The only reason this has dropped is the October finance deadline being missed and institutional bucket shops then flipping their placing stock for a tidy profit. Gold mines generally aren’t located in the more stable countries on this planet, it’s a generally acceptable known risk.

Don’t worry. Without malesheve I think fox are sub scale and will remain that way. I wouldn’t invest as I would expect a fundraise soon to repair the balance sheet, the taser payables were high.

But when they had malesheve pre COVID you could definitely see the path to profitability. I think if someone takes this litigation on they will win as this one event has crippled the company. In that case it’s a good binary bet.

We will see.

On the plus side block orders should resume early next year if widespread vaccinations take place. Contracts like the Indian temple in the gulf could resume work and their marble off take agreements.

On the negative side, nothing about the new Selene quarry or how they will manage to raise money to develop it. Supplying the local Baltic market processed material doesn’t make hardly any extra money than selling block marble it’s mostly covering the additional costs of processing. Price per square meter dropped from 60 euros m2 to under 30 euros.

Will keep on watching from the sidelines. The only wildcard is the legal case. I will be back in if they secure the no win no fee lawyers taking this on and funding it.

Thanks Brandon Hill Capital. My personal target price is 3p which many will no doubt think is very low, but is definitely achievable.