Member Info for PortfolioPower

@MassiveRay

Come on

Where would be the fun in that.

What would all the traders posting 1000's+ times a day on here go and do then...lol.

Expecting an update soon on the Saudi Assets where we are not only looking to increase the resource size there further, we have been given an indication that we are not far from being granted the full mining licence which will transform the gold and copper in ground valuations for all shareholders here.

Today's RNS confirms the developments there are then good to go and therefore the full ML will see that up and running alongside Tulu Kapi.

Tulu Kapi’s MRE
1.72 million ounces Gold

Hawiah MRE
223,000 tonnes of copper
210,000 tonnes of zinc
497,000 ounces of Gold
7.8 million ounces of silver

Jibal Qutman
733,045 ounces Gold

Circa 3million oz Gold JORC compliant resources in total and is expected to increase further.

@Suggins

Not sure if they are running a live stream?

I'd expect thr Vote on the additional listing in Nairobi stock exchange to get rubber stamped and that will be then full steam ahead with Faida Investment Bank in relation to the listing of the company on the Nairobi Securities Exchange (NSE).

Expect the recent board appointments to have some more good news coming over the hill on the Tanzania Gold fields.

I'd say Sheikh Al Rashid and his multi billion family net worth is a fairly 'major investor'

I suspect he understands the potential value here and has the best advisors in the world setting our the value unlock on offer here at KEFI

GLA

@Elingles

Depends what you mean by 'major investors and the impact or otherwise they would have or not have.

The JV already has all the strategic parties it needs to include the government, the banks and the ministry of mines. The tier 1 contractors are already in place and work has commenced.

If you take my reference to Bens creek and how theur SP has moved as all the milestones are ticked off, that had already done 400% increase before their was a holdings notification for John Story at the end of January.

Has his name popping up on the register over there helped speed up the mine development?

Of course it hasn't, but it may have given some a comfort blanket if that's what they were looking for.

Assay results due

Ben's creek is a good recent reference point as to how I expect this will play out over the coming weeks and months ahead as defined project milestones are completed..

Take a look at their 6 months chart, those that got in at 10p ground floor have seen a nice 8 x bagger as their mine development has rolled out and project milestones ticked off.

If you missed out on that one, don't miss out here as all the information is there.

KEFI present market cap is just 23m

Project NPV here of 348 million based on Gold production of 140,000oz p.a @1750/oz.

That's equivalent to 12p / share price.

Gold is trading much higher now than 1750/oz when the published NPV was last calculated so we are presently looking at nearer 15-16p equivalent.

Very happy loading in this range.

GLA

We will be receiving confirmation all is on track within the next couple of weeks max as they have to release a mandatory monthly report to the ministry of mines.

Within that time frame news can land from SA and is expected.

If you wait to jump on board in May/June at the last minute for various reasons I expect you will be paying double or triple the present SP as the MM's walk this higher as developments unfold and milestones are ticked off.

Equally you could wait even further until first gold at TK and pay 10-20 x times the present SP.

Far better to be positioned now imv with the option to scale in further as the development rolls out & not miss out on the present cheap entry, as opposed to being sat on the sidelines trying to jump in with no skin in the game as key RNS land, sellers dry up completely and the SP spikes up higher and higher leaving you fighting it out with the herd for a quote at multiples of the present entry.

GLA

Goldplat didn't issue a tr1 for their sale of c.329k @ 0.95p which raised $450k for them a couple of weeks ago.

They didn't tr1 that sale, it was a payment owed to them as part sale proceeds for kilomapasa and left them holding 5.69% as at 1/3/22

So this sell was always going to happen as they took shares instead of cash for that element of the sale.

Since then we have seen further 2 x large trades of c.490k and and over 100k+ over the past two sessions.

Still no tr1

Either way, it's good to see the market has absorbed these comfortably as shares get transferred into ever stickier hands, and when fully clear as someone else posted this will lift off vertical without warning.

I have been adding into what appears to have been a worked sell on the book as the SP here is like a giant ball being held underwater at present just ready to be released.

It's fascinating to watch, but also good to get the opportunity to pick up cheap stock in this range that we wouldn't otherwise have had.

Possibly the fact that its been trading below net assets and has stockpiled a globally important resource.

Mentioned it a couple of days back.

VSA Capital have a year end SP target of 4.2p in their recently published note from December 21.

I agree that those accumalating now & holding longer term can look forward to much bigger returns as the company has ambitions to become a multi mine, multi District mid tier operator.

More sunshine here today.

Forecast looks decent for the week ahead!

Agreed, the Gold mining operations at Kilamapesa will see this moving up nicely as the year progresses and we keep building our Gold production inventory.

The operation in Tanzania will be the rocket fuel ontop

The new Government there could not be more pro mining and we certainly have the right people on board.

Only need to speak to He1 investors to see how excited they are about the region.

Won't be surprised to see a He1 style rapid rise here over the coming months as the full scale and potential of our Gold fields are provon up.

Next stop assays + resource expansion.

GLA.

Should be well north of 1p+ ahead of the next TK update.

Good opportunity ahead of the new ISA season with the next TK update scheduled to land just before this so won't be surprised to see a wave of new cash flooding in at that stage.

SA updates can land anytime now and happy to see steady daily tick ups as progress continues.

GLA

Everything above the cut-off grade is deemed economically extractable ore, everything below is waste to go into the tailings dams

They have all the processing plant they'll ever need just down the road at Telfer. So no issues there.

Everything modelled above the cut off grade is what they will commercially extract.

I like the look of that list and summary

Multiple SP catalysts across both production & resource expansion.

In addition, I picked up from the last stockbox interview with Jason that once Caracal are at 24,000/oz pa at kilimapasa, they will release a feasibility study outlining how they intend to increase production to 50,000oz pa over what will be a long mine life.

Non of this includes the additional exploration and PFS / PEA studies that will be coming down the line for the recently acquired additional gold licenses.

Once we get to that stage I'd expect and updated research note.

Lots to look forward to!!

I missed that one sadly, but, again, yet another example of how quickly these juniors can take off dramatically from an oversold position and deliver stunning gains.

Agreed, warrants to kick in at 2.5p

Exploration results due by the end of this month.

Exactly, so much to look forward to here mickey, we own our drilling rigs, are fully funded, have both exploration and production geo teams working at pace and we won't need to tap shareholders for funds like other junior explorers with similar valuations in this sector as we have a Gold inventory that is increasing month on month from the established mining production and which can be sold to generare cash as and when the company sees fit. Even if production rates didn't increase at all the growing gold inventory alone will justify a market cap of double the present valuation by the end of the year

If they hit the 24,000/oz pa target this will be 4p/share easy.

Throw in the prospects of increasing the gold resource to 2-3Moz+ and it opens up SP targets well north of 5p+.

GLA

The outstanding warrants are part of the equation to fund our final contribution to the total project finance at TK and become automatically exercisable at 2.4p so I would expect the SP to be north of there for starters as we tick off the upcoming milestones over the coming weeks towards the close of project finance.

I expect to see volumes spike here around 1.6p - 2.4p, but this won't be anything unusual.

This will then be the easiest hold on the markets as not only have you got the build out phase moving closer to first gold and 140,000oz Gold production pa at TK to look forward to,
we really have only just scratched the surface on what has been described as a new Gold province
over in Saudi Arabia.

Therefore 12- 15p NPV per share being the present base case for the existing JORC models, but clearly much more is possible into a rising commodity market and resources that are expected to expand significantly.