Member Info for mercedesman

Didnt know they were planning to expand too...

"A Preliminary Economic Assessment has been published that indicates the economic attractiveness of mining the underground deposit adjacent to the Tulu Kapi open pit, after the start-up of the open pit and after positive cash flows have begun to repay project debts. An area of over 1,000 square kilometres adjacent to Tulu Kapi has been reserved for exploration by KEFI upon commencement of development, with a view to adding satellite deposits to development and production plans."

Nice!

would changing the wording from MRE to MIR, not infer (excuse the pun) that they have realised is so ruddy huge they wont be able to do enough drilling this year to get it to the "indicated" or "measured" category's before starting the decline?

Surely thats a good thing...... a very good thing

already on that train Ss2000 ; )

There she goes, today could finally be the day for a big ole breakout into the 2-3p region

https://twitter.com/PennyStockPuntz/status/1293811348795785216

From google:

List Of Market Maker Signals
100 - I need Shares.

3x 100 trades just gone through, just sayin ; )

"RAB Capital recently became the largest shareholder in KEFI. We welcome Adam Taylor as RAB Capital's nominee to KEFI's Board of Directors."

If they are that confident, then so am I. RAB dont make investments on a whim, they are here to make money.

Large buys at 1.93

Surely take out 2p today and breakout higher

Two things i took from the RNS

1 - Funding this month (2 weeks left)

2 - Share price should be 18p

Get some on the bell!

Matt, while i agree with your sentiment, and the fact that oil/smelly hold diddly squat. I have well over 6 figs in GGP, thats worked out nicely.

And if KEFI follow suit it’ll be 6 figures here too, certainly after i top up in Sept.

“The investment opportunity presented by our strong pipeline of gold development projects has become even more attractive with the recent gold price surge to more than US$2,000/ounce. Tulu Kapi gold production is forecast to be 140,000 ounces per annum at an All-in Sustaining Cost of c. US$800-900 per ounce over the initial seven years of mining the open pit. Based on the current Tulu Kapi Mineral Resource, there is further potential for an underground mine to add additional gold production of c. 50,000 ounces per annum. The orebody remains open at depth and KEFI also has a portfolio of identified gold exploration targets in the Tulu Kapi district. We have previously reported the potential for 3 million ounces around Tulu Kapi.”NPV at $1700 oz of £337m GBP70% share = £236m GBPCurrent market Cap = £26mSo 10x bagger just on TK then?

More like u skim read to try and find anything negative to post to support your agenda. What you got a £5 a point short on robbinhood? Hahaha

Well said Slugworth. Olibit (aka Smellyben) cant even read an RNS, best to ignore that multi alias poster and just look forward to a lovely Blue day.

Great RNS update, news just around the corner and its a bit cooler, enjoy your day everyone : )

perhaps they have just prepped land and have not started yet, hence no news

Hi MisterPositive

Do you have an idea of the value of each project?

No mate i didn't, I've literally just woken up. This heat is causing chaos with my sleeping patterns.

Errrrrrrr? I dont understand the question?

If u mean how did i just buy more when i was “all in” i have said before that i have a separate spreadbetting acc with IG. Once that reaches a certain level, i transfer to regular acc/isa acc, and we top up.

If thats not what u were asking, please clarify

Hawkspear - no not me, i got £65K and will get the other £30k in the morning.

Defender - in 12 months? We’ll either be bought out by then, or producing. Its pulling numbers out of the clouds, but 60p-£1 if scally or PRE strike before we get taken out

Yeh just wait it out gaz, ive been here since 2016 so know the Co. like the back of my hand, we will get MRE in the next 8-12 weeks and things will jump to a whole new range. Low end estimates are 27p+ and thats not including up to date drill results, or if Scallywag strikes.

Then we’ll get the PFS and thats when NCM will take us out, either Havieron on its own for 30-50p or is Scally hits it’ll be the whole bag for some more.

im slowly liquidating everything i have elsewhere, MRE/Buyout is coming