Member Info for Mattk6

Smelly - for someone with such a low opinion of Kefi it does beg the question why you ever bought 6 million shares in the first place (allegedly). Who invests a six figure sum in a tiny Aim share anyway? you'd have to be pretty sure of success...ahem...

Leeroy I feel positive on this share but I'm certain it will never hit 50p! I'm expecting 12-15p within 18 months assuming funding comes by end of October and everything stays on schedule for 2022. If Gold price keeps going up then maybe 20p in 2 years...

Smellycat - You sold up remember? Took your 'six figure' sum & walked away. So I don't get why you're still here labouring the same old point. Just put your money in a nice safe Tracker fund & go find a hobby.

So you thought you'd just come on here to say you weren't going to invest, is that right? I take it you do that on every other BB then as well?

Smellyben - If Kefi does get the financing sorted this month will you then accept defeat and leave this BB in peace?

All this talk about the Hawiah asset is a bit premature. After the PEA in September there will need to be a Prefeasability Study (PFS) which usually takes 1-2 years following the PEA, and then following that a Final Feasability Study (FFS) which can take another 1-2 years after the PFS. Then you will need to look to funding and the bare minimum time until an actual mine is in production is going to be 5-6 years from now. That's if all goes well of course...The focus should be Tulu Kapi as the mine should be up and running by end of 2022.

Here's the link to the presentaion pdf from today's Mining investment forum in Sydney:

https://www.kefi-minerals.com/files/presentations/kefi-corporate-presentation-20aug20.pdf

So what's your agenda Smellyben? You've posted 66 times in 30 days about a share you no longer hold. That's more posts than i've made in 1 year of being a member of this site. I think most of us are fully aware of the risks of this investment. You no longer believe in the company, fair enough. I still don't see the purpose of continually posting negative comments.

https://www.bloomberg.com/news/articles/2020-04-21/bofa-raises-gold-target-to-3-000-as-fed-can-t-print-gold

Smellyben - Bank of America (second largest banking institution in America) has predicted that gold will hit $3,000 an ounce by early 2022. I do agree that you should look to invest your six figure profit from Kefi (allegedly) into a safe FTSE 100 company. Maybe stop posting here as you're not a Kefi shareholder any more.

I'm surprised they haven't even updated their own website with the new name. The whole site could do with a bit of jazzing up as well, it looks like something knocked up in an afternoon...

I'm the same as you Tuck shop, I just check this board every so often while working from home. I have (for me) quite a bit of cash tied up in Kefi so follow here and ADVFN just to keep up to date with news/gossip regarding company progress. It perplexes me why posters like Smellyben & Oilbit waste their time on here, allegedly trying to warn shareholders of the risk they run etc. while just spouting nonsense & scaremongering. It's very sad that they spend so much time on such a futile pursuit.

I think the fact that Harry has now stated Kefi's share of TKGM is expected to be up to 70% is extremely encouraging news. Also reassuring is the reiteration of the October 2020 finance close & 2022 first gold pour. As we are talking 2 months from now he is obviously very confident that everything will be in place by then so I'm happy with this news.

Smellyben, maybe don't post straight away if you have only 'skim read' something. It's not even that long a statement....p.s. I for one don't believe you ever had 20 million shares in Kefi which would be a 6 figure sum & who invests that kind of money in an AIM share? An idiot maybe.

Oilbit why are you posting at eleven at night & six in the morning on a board for a company whose shares you don't own??? Go away please & start posting somewhere that's actually relevant to you.

Or you could just put a link...All I know is that the recent placing which raised £3.7 million fully funds Kefi until the end of the third quarter (as stated by the company) with the idea being that the TK cash will be in place from that point. I therefore don't see why people are talking about further placings in August etc.

Oh dears guys, an RNS today and no-one has seen it yet!

I've decided to filter myself so before I go, some useful links for newbies:
RNS news is available here way before it's on Kefi's site usually at 7.00 a.m. on the dot - https://www.londonstockexchange.com/stock/KEFI/kefi-minerals-plc/company-page?lang=en
Historical RNS link on Kefi website (suggest possibly just reading the ones from last 12 months) - https://www.kefi-minerals.com/news/announcements
Good luck all!

Fair points both. It bugs me a bit that he's posted 175 times in the last 30 days and yet first ever post on kefi board appears to have been only approx. 6 weeks ago . If he was so confident about this why was he not invested earlier? Personally I believe in this company and think that we will be going places very soon but I prefer to be quietly confident rather than shouting it from the rooftops...

Why don't you give it a rest now Mr Vibes. Most of us on here are already invested in Kefi so you're not selling it to us, we already own it. Also it's worth clarifying that Kefi's interest in the Saudi project is only 34% (having gone down from 40% in January of this year). If it's as big as you and others claim it's criminal that Kefi gave up 6% this year. Mavbe reign it in until the share price is actually at a year high, i.e. the November 2019 level...