Ethiopia. has moved mountains to get its other projects up and running, it’s airline, textiles, I do t recall them all though Harry rattled off loads of industries the Ethiopian government got behind on a proactive interview a year ago, he says they are now pushing the country’s mineral mining companies to bring in revenues and jobs for the country, As we’ve seen the government is even relocating several thousand people to allow for the mining area’s, and this has been done sympathetically under international guidelines , Harry will deliver our funding ok and under these difficult pandemic conditions, He’s slogged it out over many years to get to this point, if it takes a little more time that’s also ok with me, but he will deliver ok.
Check Rick rules interview out, The coming bull market for gold, posted 1 week ago.
To be precise go to the" 20th minute" point and listen carefully.
Though to be fair the whole interview was worth watching, I would say he's a heavy weight in the investment world,
As normal you have share holders who freely sell and share holders who freely buy, we’ve cleared out most of the big sellers and now we are focused on our new buyers that can capitalise on years of preparations to mine for minerals/ gold copper etc, the price of gold is set for a significant rise in the coming months and years, making our fundraising much more attractive to potential financiers,
If we secure the financing our share price will steadily rise to 10p or higher, everything indicates a very favourable outcome on that front, the gold price is strong, most of the leading superpowers have increased there gold holdings over the last number of years, the actual holding of gold by private individuals is still very low, should that change because of the covit19 threat and currency devaluations,then the gold price would increase very significantly , the economic damage to world economies has definitely not been seen yet, when it is seen then more private investors should or will buy gold as a currency backup,
This should make the economics of kefis project even more desirable, resulting in a much higher share price and revenue stream,
Yes we need to get this over the line with funding ok, though when that’s done the share tipsters will be banging away at the drums for KEFI,
Once these sellers are out, then we should fly much higher and quite quickly in my estimation,
the potential here could very well be much much higher than even our own BOD have estimated, another few weeks of SP consolidation and then a aggressive climb Upwards in our share price to 4p 6p 8p 10p + that exact timing is in the hands of our funders and gold price.
The futures Bright, the futures GOLD & copper
Ethiopia is a hotbed of gold exploration right now, I can see more and more mineral mining companies heading out there as a greater confidence builds up in the country's political system, the country itself is very quickly turning into a western modern society, they know with confidence and stability great prosperity will follow, so it's encouraging the worlds leading companies to establish themselves in Ethiopia ASP, and doing everything possible to make that happen.
Kefi is in the right place at the right time to capitalise on this new era in Ethiopia, I can easily see 10p + inside the next 12 months,
though my gut feeling is there could be a awful lot more potential in Kefi than meets the eye.
Excellent morbox also a huge thank you to ENTELEON for that fantastic in-depth summary of the exhibits, that was so helpful in helping investors understand this very complex case and accompanying jargon. I can't help thinking that nanoco will be snapped up / bought over, and with the court case settlement still going to its bought out shareholders.
Thanks to all the posters who posted over the last 24h / BRILLIANT.
Screenlearner very little of the technical arguments around this case will be understood by most poster on here, Including myself, we will need it simplified and summarised , I’m very happy to leave it to our excellent experts to identify Samsung’s infringements on our patents, for me even the basic circumstances around Samsung and nanoco’s collaboration and subsequent parting indicates wrongdoings by Samsung, I would call it naked and wilful infringing of another companies patents, I would even go so far as to say it was a criminal industrial crime. and one that should lead to the locking up of some of Samsung’s Board of directors.
No matter what your opinion is of the CEO change, or near term or long term trading , the very fact that a powerful experienced litigation company took on the huge funding requirement to take on our case against Samsung says it all for me, these litigation companies really do there home work , and also independently ask all the top experts to review everything before they took the case on, so for me the case and it's outcome will be a huge monetary bonus if nanoco wins, I actually think nanoco will win and very easily, how much is anyone's guess, but it should be very substantial and even after the litigation funder gets it's cut. I intend to snap some of the shares to tuck away for that settlement win.
Buy-sell how refreshing to see a post that has kindness written all over it , cheers to you.
This share could really motor on in the coming days weeks and beyond, most indications are that investors will push the gold price much higher because of weakening currencies/ mainly the Dollar,
Gold really could soar in the coming year and beyond, Everything Looks right for that to happen, making it much easier to secure all the financing we want, all Kefis Mining projects look astonishingly viable and profitable, it’s taken a very long time with determination to get to this point, The BOD seem highly experienced to deliver everything we need to get Kefi into substantial profits with a accompanying much higher share price,
I also think there could be many more substantial mineral in Saudi Arabia, the potential there could be way beyond our expectations, as we are directly linked and partnered to a highly regarded Saudi Arabian company with close and powerful connections to that wealthy country , I feel we might get preferential access to other mining opportunities out there, as long as we are a minority partner we can get a free ride to the outstanding opportunities out there, it’s even possible we might get bought out by our partner at some stage, that’s also ok with me, it’s money in the bank, this looks like a truly winning mining opportunity no matter what way you look at it, Barrick mining that massive company , they wouldn’t be out there if there wasn’t substantial rewards for there share holders/ namely WARREN BUFFET, Barrick mining they are a massive company, so we definitely are in the right place ok, that’s for sure, Once we secure all the financing this share will get the share tipsters buzzing, and a upward trajectory heading towards 10p will ensue, the higher the gold price then I’m sure our share price will also reflect that bigger opportunity.
Most of the independent Kefi reports were based on older gold prices, what they don't speculate on is the future good price, that's understandable as it's highly speculative,
Here's my thinking around that future good price speculation, I've been reading about and even listening to many politicians and independent and government predictions around job losses and large scale business closures in the coming months and years , and it indicates to me a quickly deteriorating economic situation, this should inevitable lead to even higher gold prices for many years to come. I'm reluctant to call a top price , though some of the best analyst are making huge predictions upwards, I take them all with a pinch of salt, though I do feel a deteriorating global economy will increase the Gold price substantially, as the ramifications of the pandemic plays out over the coming years, this should make it much easier for kefi to raise its required funding for all its projects, also as kefi 's share price increases from the huge potential in all the Gold and copper mines , then raising any more funding from investors should be welcomed and applauded as it strengthens our balance sheet and cash flow.
When we get this up and running the free cash flow looks substantial even at the older Gold price, I think it was around £53 million free. Cash flow. The numbers look absolutely brilliant to me ,
No one should refrain from asking any genuine sensible questions around their investment here,
Kefi has a history of raising more funding from investors, at this stage in the game we might not need a penny virtue of our very wealthy backers and partners, though when we get up to around 10p , can you blame them for not raising a few million at 8 or 9p.
For me the massive potential here really comes from our partnership with our Saudi influential partners .
They can use there influence and financial power to get bigger and chunkier licenses for other areas to mine, for me that’s a given, who would the Saudis give a license to first , Barrick gold or there own citizens and us, We could be part of the biggest gold and minerals developers in the gulf coast. I don’t care if our percentage gets reduced along the way as long as we have a percentage of a massive new mining project in Saudi Arabia.
Ethiopia that also looks extremely promising after years of setbacks, other miners are being asked to mine the country, and we are in pole position, we could even be swallowed up by Barrick gold in the future, that would be ok with Saudi Arabia as they want to keep in with the Americans.
The futures bright here , and a big thank you to the management of Kefi for preserving to get everyone onboard in these countries that are changing there trading strategies.
With a little bit of highlighting by investors tips sheets ,the likes of investors chronicle I can see this hitting 4p very quickly and then on up to 10p+
Harry Adams said the share price was very low compared to the company’s potential, I have to agree with him wholeheartedly, it’s having the Saudi
Elite investors On board that reassures me to actually getting this huge project Off the ground and moving, They have the money power and influence to achieve everything Kefi ever wanted in a partnership,
Some cashing in of profit takers and the upward trajectory of our share price will begin.
Brilliant potential here. Cheers everyone
Stories like that often make somewhere look worse that they are, believe me I live in Belfast northern Ireland , and trouble can break out in a small local area , the news flow always blows it up and makes it look like Belfast is a war torn getto, far from it Belfast is a vibrant fantastic place to live and visit, so take any trouble in Ethiopia with a pinch of salt, the country is changing very rapidly to a great place to invest and live.
Sorry if I got that one wrong, it was weeks ago I watched that very long clip,
NPV. Well it seems that if that NPV figure is bigger than the current share price then they are a good buy, and that is the case with us , great LOL. I actually listened to that we part twice but I just have misunderstood it. I Live and learn.
Our Ethiopia mining project, some may fret about it's location and viability, that country has changed massively in the last number of years, the leaders of the Ethiopia are asking for a good morning industry, watch clip below.
The 10p 30p Harry A Adams quotes were from a very long YouTube interview with Harry the CEO, he actually seemed a bit unwell in the hour or so interview, I really thought he had COVID-19 for most of the interview, he coughed a lot , I also thought he was a bit daft looking, though the more he spoke the more I realised that the guy new everything about the mining industry, he seemed like a highly intelligent man with his head screwed on ok, he was open and honest about the terrible long wait and setbacks to get to this point the the company’s plan’s, I actually wanted to stop listing to him , but because he answered everything extremely well I ended up watching the full hour or so of his interview, he said at the going gold price the share is worth 10p+ ......and 20p if the gold price went to around $3000 as specialists are indicating. there’s plenty to play for here, what struck me about Harry the CEO was that he tried to be honest about everything, Not over egging the potential of the company, He didn’t avoid talking about any of the companies failings and years of fighting to get to this point, he seemed very down to earth but articulate with answering honestly, there didn’t seem any bull **** , just plain speaking.
The YouTube clip i watched, I don’t see it now, but there’s loads online, I could have watched a feature film instead of watching Harry Adams LOL
10p time scale, when investors catch up with everything that’s happening right now, 20p when investors pay higher for gold, this pandemic is far from over, it normally takes a year or more to fully see the full implications to businesses, jobs, banks and government finances, I’m certain there will be several hundred+ $$$ billion of bank loan defaulters over the next few years, that will strengthen gold prices enormously, why do you think warren buffet sold all his bank shares but one, his Bank of America shares,
he also bought the shares of barrick gold, That’s a first for him, he knows the price will climb in the coming months and year’s.
Banks will be hit hard when this all plays out, the place to be is in copper and gold mining company shares , We also have the financial and political protection of senior members of the Saudi Elite. They own 60% we own 40%
This is a brilliant marriage for everyone involved here. I see our share price getting to 4p very soon and then working it’s way up to 10p over the remainder and early next year, we haven’t even had any share recommendations yet that I’m aware off,
When we do 10p will come quick enough after that,
Because we own 40% of this gold copper mine , we hugely benefit from any massive pumping in of investments from the Saudi state into mining in general. It’s like the Saudis giving us a share in their early start up oil companies , I’m going to be patient as this may very well turn into us owning a stake in numerous other copper and gold finds throughout Saudi Arabia. Cheers everyone.