Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Mark, the other one that does not seem to be mentioned is 50KM south of Tulu with a potential $1B of CU
see slide 19 of this presentation....https://www.kefi-minerals.com/files/presentations/kefi_mining_africa_2016_presentation.pdf
Hi NotAmused, Harry said it at the meeting when he flew to London at the beginning on Nov 2019. See notes from meeting from 1deedee on ADVFN who attended https://uk.advfn.com/stock-market/london/kefi-minerals-KEFI/share-chat?page=2957&xref=chatnav_i_2_b
If I stated 20P a share (can't remember) but it would have been based on the suggested $200MCAP - probably less shares listed then as well..
Thanks
Hi Bridges, any idea when Ghana's parliament resumes business please?
I think TK is worth up to 15p by itself from what valuations I have seen. If SA turns out to be anything like the Barrack/Ma'aden mine which Ma'aden paid $210M for 50% then I suppose add on another £150M. Harry has said he believes company will be £200M in a year. Current mcap is £16M, so £200M would bring us to 18p
Mark, no I am with you on that. It just needs the items on the plan to happen in either or both SA and Ethiopia and we will be flying. If there is even a hint of a JV in SA with our Gold/CU mine then it should get to 5p just on that alone.
Cvm9, short term memory loss - you actually said that the price would be lower - not exactly the same or lower. Also it’s not Friday today and also it’s not lower. So wrong on all counts so far.
CVM9 - you need to change your investment strategy, if you are a LTH and say what you have said then you need to sell out now before the sp goes down by Friday. If I am in a share that I do not believe in then I sell up and move on - unless you believe that a share will recover then sell up and move on. I have only been in Kefi for a few months but have been watching for years - I believe that the company has turned the corner now and fingerscrossed that both the SA and Ethiopian mines will come good. If I feel that they will not then I will sell up and invest in a company that I believe in - currently I believe in KEFI. I appreciate that LTHs have been hit very hard over the years.
Daniel, looking at your few posts you seem to be fooled a lot - LEK, KEFI similar posts. If you mean that you bought in high and then a couple of hours later wanted to get out with a profit without doing any research then I am afraid that you are doomed and should not be investing. I am invested heavily here and there are risks involved and it will take more than a few hours for this to get to 5p. It may be a bumpy ride but I am here for the long run (unless I see something that I don't like). Good Luck
KEFI
Just a summary, for any new investors, of our resources and where we are with them.
Saudi:
We have a JV with Sheikh Al Rashid and his family (40% owned by KEFI) across 2 mines (Jibal Qutman where around 700,000 ounces of gold have been identified) and Hawiah EL, where recent drilling has shown up to 4.2% Copper grades and also gold. We are awaiting the Gold results, however previous drilling had shown up to 7% Gold. These current results have been stated by the company as ‘potentially analogous to some world class discoveries in the Arabian-Nubian Shield.’ We also have c1,000sqKm of pending licences. In Saudi our licence is 200KM south of Barrack's mine (Ma'aden) - Ma'aden is the state and they bought 50% of the mine from barrack for $210M. Ma'aden is lead by the head of Saudi wealth fund ($320B) and also head of Saudi Aramco - who guess what - have just raised $25Billion to invest in other industry including mining!!! Ma'aden and Barrack say they want to buy more copper resources and our results so far look very good 'Wold Class'. So who knows what could happen in Saudi.
In Ethiopia we have spent our share of the costs (mostly) and it's now up the other partners (including the Gov) to stump up their money and we are hoping that this will happen very soon. It Saudi we are a partner with a Saudi company.
The resources in Ethiopia are c1M Oz gold and that is just what is on top - there is hope that there is ever more lower down or in the wider area, which Kefi says they will explore once the project commences. in addition we have another potential resource 50KM south 'Potential for 10-20Mt at 1.5% Cu; (15Mt at 1.5% Cu at $5000/t Cu = $1.1Bn insitu metal) ' - this was at 2016 values and Cu is much higher now.
Regarding our Tulu Kapi mine, which when operational will be the largest exporter in Ethiopia from a revenue perspective and due to commence in Jan 2020, the announcement on 17th Dec 2019 states that the government has started to construct a new road of 11 km from the main highway to the Tulu Kapi Project site.It was also announced that the Ethiopian Ministry of Mines has now registered the Company’s application for regional exploration licences over an area of 1200 km2 , one of the first to be registered under the newly launched licencing system for the country.
It was also announced just before Christmas that the World Bank /IMF have pledged $5B to Ethiopia to help it in areas such as mining.
I wonder what the outcome of the Saudi visit (before going to Ethiopia) is - hopefully there are talks going on re a JV with Ma'aden or Barrack for our high CU, or the releasing of the Gold Assay results....
I wish I had when ORCP was going up from 0.3 but I had seen what the Sheikh did to ADM and I was worried he would do the same there - I hear that he may have fallen out with ADM board due to further dilution. Not sure where ORCP goes from here - once a share has risen that much in a short time then the crowd disappear unless there is constant good news..
I am sorry CMV if I am wrong, but from a poster with only 6 posts and created on 3rd Dec 2019 - yet sounding like a LTH - you have obviously either been banned due to posting rubbish or have duplicate de-ramping IDs.
Cvm, if you are so convinced that the share price will be Lowe next week then you could sell at a higher price this week and buy back at the lower price next week and make a bomb -:) or am I missing something?
KEFI
Just a summary, for any new investors, of our resources and where we are with them.
Saudi:
We have a JV with Sheikh Al Rashid and his family (40% owned by KEFI) across 2 mines (Jibal Qutman where around 700,000 ounces of gold have been identified) and Hawiah EL, where recent drilling has shown up to 4.2% Copper grades and also gold. We are awaiting the Gold results, however previous drilling had shown up to 7% Gold. These current results have been stated by the company as ‘potentially analogous to some world class discoveries in the Arabian-Nubian Shield.’ We also have c1,000sqKm of pending licences. In Saudi our licence is 200KM south of Barrack's mine (Ma'aden) - Ma'aden is the state and they bought 50% of the mine from barrack for $210M. Ma'aden is lead by the head of Saudi wealth fund ($320B) and also head of Saudi Aramco - who guess what - have just raised $25Billion to invest in other industry including mining!!! Ma'aden and Barrack say they want to buy more copper resources and our results so far look very good 'Wold Class'. So who knows what could happen in Saudi.
In Ethiopia we have spent our share of the costs (mostly) and it's now up the other partners (including the Gov) to stump up their money and we are hoping that this will happen very soon. It Saudi we are a partner with a Saudi company.
The resources in Ethiopia are c1M Oz gold and that is just what is on top - there is hope that there is ever more lower down or in the wider area, which Kefi says they will explore once the project commences. in addition we have another potential resource 50KM south 'Potential for 10-20Mt at 1.5% Cu; (15Mt at 1.5% Cu at $5000/t Cu = $1.1Bn insitu metal) ' - this was at 2016 values and Cu is much higher now.
Regarding our Tulu Kapi mine, which when operational will be the largest exporter in Ethiopia from a revenue perspective and due to commence in Jan 2020, the announcement on 17th Dec 2019 states that the government has started to construct a new road of 11 km from the main highway to the Tulu Kapi Project site.It was also announced that the Ethiopian Ministry of Mines has now registered the Company’s application for regional exploration licences over an area of 1200 km2 , one of the first to be registered under the newly launched licencing system for the country.
It was also announced just before Christmas that the World Bank /IMF have pledged $5B to Ethiopia to help it in areas such as mining.
Don’t think so - think I saw all of those trades coming through - think the buys are Harry and his mates slipping in some more money before he lets the news out.
Rana desperate to get in at a lower sp but missing the boat this time I believe
Ditto from me Bridges - good summary. I have been following the readings in Parliament and it was nice to see the items regarding Aker just before Christmas. I am assuming that we will see something similar mentioned regarding Pan Andrean when it is our turn - so it is just a case of timing in our name being read out and then a case of whether we have the original licence ratified (Shallow water which went to Erin) or the adjusted licence from 2016 (deepwater). the other action area will be if the PET billionaires will want to increase their stake from the current 30%. Will watch with great interest. From what I read just before Christmas regarding Bolivia and the removal of the president (which he says was organised by USA due to Lithium resources - it sounds like that area will take some time to develop)
Thanks for sharing Topshareinverstor - here are mine
My top 10 shares to multibag in January. Only my prediction and what is or will be in my portfolio.
1. Kefi (Kefi minerals).
2. Clon (Clontarf energy)
3. AMC (Amur minerals)
4. 88E (88 Energy)
5. NFX (Nuformix)
6. IQ-AI (IQ-AI)
7. C4XD (C4XD Discovery)
8. OEX (OILEX)
9. ORPH (Open Orphan)
10. PREM (Premier African Minerals)
Dsrt, you may be right but that is only 8 trading days away - I can wait that long. I think we will have news from SA on the Gold Assays or hopefully some JV discussions and in Ethiopia news of the expected finance/money arriving to kick off the Tulu mine. Later in Q1 I am looking for news on the additional exploration to start in Ethiopia to build on the good news. GLA
Thanks Chrishutch, I put together a fairly lengthy summary on this board a few days ago if you would like to read. I am excited by the current stage this company is now at and many things could happen, but one to closely keep an eye on if it should go off direction for whatever reason (e.g. change of governments etc)
Hi Rana, it just shows that you try to make a quick book and as Chris says try to talk a share down by putting the same rubbish on multiple boards. Your statement re SoLG is proof of that - it has fantastic resources and I believe will be massive but they will not be producing until 2027 so you won’t be making a quick buck on that unless you just want to make enough for a pint of beer. I have no issues with day trading if you can catch a good RNS at the start of a day but don’t spout rubbish when you have not done any research. Thanks
Rana - looking at your history and investments have all been rubbish I am very glad you are not invested here. Looks like you are always trying to get a quick buck before jumping out again - you should have got in here but not to worry you can still make a lot even if you get in now. Happy Christmas and hope Father Christmas brings you some sense in investing-:)