Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Copper also on fire. Kefi has a massive gold/copper resource which is open and getting better at depth. Once they announce a resource at Hawiah they could team up with a major to fast track that into production also. This is still stupid cheap
More interested in Saudi copper project. 11,000mts of drilling going on into plus 2% copper which gets stronger at depth as the price of copper has gone over $4/lb. First resource was for $2.5bl. Any quesses on next one?? $4bl seems possible and we have the new mining regs in Saudi now in operation plus easy low interest loans for mining. This will be a HUGE rerate when TK gets the green light and the new resource from Hawiah is announced. Easy double for openers.
Very happy I reloaded twice below 1.8P. Still slightly under on my overall position but I now have a shed load of shares which is good. Too many positives to ignore. Share of TK up 20% on the restructure and Hawiah drilling into known high grade mineralisation which is increasing at depth. 3P by end of January. Not a pump and probably too conservative.
We are not mining Bitcoin but it is a very impressive performance nonetheless. Silver will be spectacular over the next six months. Confirmed breakout in the G/S ratio could be heading to 30. I know we aren't mining that either but we will be mining lots of gold and that will hit new all time highs soon. Just need Harry to execute and provide clarity and we are off.
At last the consolidation in the metals is over. Confirmed breakout today in both metals. Both are heading for new all time highs soon maybe even this year. This will light a fire under Kefi and get the SP up to 3P fairly sharpish. https://kingworldnews.com/major-breakouts-for-gold-silver-today-as-gold-surges-over-45-and-silver-now-above-25/
Have to agree next week will be crucial. Harry needs to execute clearly and get plenty of exposure . The mine conference sounds like the ideal platform. We shall see but I think everything is coming together quite nicely including the SP. Should hit 5P on a well delivered NR.
I am now officially in profit with Kefi. The great thing about averaging down at 1.2P and 1.8P is I now have twice as many shares and I am going to make a shed load of money on this. Roll on the saudi resource statement and the full finance package for TK. Next stop 5P .
Upshunt yes the grade increases at depth. The grade for the underground mine which is not included in the resource is 5.6g/t . This seperate mine will be built through cash flow as mining progresses and will be hugely profitable. Also plenty of gold in the satelite deposits and they also will be developed through cash flow and are owned 100% by Kefi. Upside in terms of gold is huge. We also have JQ in Saudi which just requires 30ml of capex and will produce 750000 ozs of extremely profitable gold. If it's gold you want Kefi has plenty of it and POG is heading back over $2000 shortly. Is all of that a ramp no just some FACTS about Kefi Gold and Copper.
You sound very like our old friend Mr Oilleak. There is NO need for dilution. One of the many interested parties has been selected for forward sale financing and this is being approved by the other lenders at the moment. In fact there will be the reverse of dilution as the interested party has asked to take a larger piece of the pie and Kefi's share of the conglomerate is due to increase significantly. Do a bit of research before you post.
50% down has now become 10% down due to averaging down when the fundamentals are in your favor. Great strategy and might even do it again later today. Will be 100% up within a couple of months. Very happy with this one and expect 10P within 2 years.
Gold bounced nicely off previous resistance level of $1900. Resistance is now strong support and now we try to break new resistance in the $2100 range. Shouldn't take too long and will be in place just in time for the full finance package for TK. In the meantime we have the maiden Saudi resource to look forward to. And they can easily add to this by just drilling a bit deeper because the holes were all still in 2% copper at 300 mts. This justs gets better and better.
The $1400 is in relation to banks. This is a seperate funding done with forward sales to specific financiers who specialize in this area. He says the consensus price of gold going forward is around $1700 and that the terms of the forward sales will not be released until they are approved by the major lenders. This is going to happen and at £2050 gold it is going to happen quickly. He knows the terms he wants and you definitely don't. Anyway I will still be a shareholder when they are announced and you will be holding your precious bank shares . Good luck with that one you are going to need it.
More derampling lies from smelly with his ridiculous $1400 figure for the forward sale. Harry is quite clear that the terms will not be released until everything is finalized and approved by the main lenders. My guess is they will use a fidure in the $1700 area although I do admit it is a guess and we will only find out when the terms are released. He also makes it quite clear Kefi are under no obligation to take ANS on board and the reason they aren't on board is they "couldn't raise the dosh" so no more crap about ANS smelly they simply haven't got the money.