Iv heard lots of different estimates on where the gold price will be in the years to follow post Corona. The smallest I've read is to rise $3000 dollars in 24 months and $5000 dollars in 60, the general sentiment is gold going up over the next few years and I hope KAT reaps to rewards of the timing. Good luck all, getting closer, I still think 15mil mcap is realistic before news, 1.2 million oz of gold is alot at less than $900 dollars operating costs
LC is working with Graham briggs. Im not thinking imweru. Since this project arrived it's ticked all boxes and has progressed fast, and from the attactive speed at which it's been developed and can be in production has generated the interest. How will we be lower, where were 5mil mcap and about to be fully funded for 1.2 million oz of gold in a rising gold market
Atb guys, nothing is certain in my mind, and if we don't get the confirmed 58 this month and we drop slightly il top up heavily.
I do think KEFI will come good, mainly due to the economical climate and how much the company the EG or any II would benefit from the project. I will be to see. I here you saying it's not all cash in the bank, but I do feel the market isn't valuing the 49mil will neared just to get the loan, that came from years of work on TK, isn't valuing TK as an asset we own, or Saudi, which the maiden resource at the end of the month will add to our NPV and take it to around 300mil, which undervalued us further.
You could say moderate ramper, but I'm saying what I see, and I think kefis a sleeping giant that iv followed and been in and out of for years, that I thinks is about to massively transform for the years ahead, on correct funding news this month and then close in October. Both of those keys could see kefi with a 350mil mcap in 2023
Good to see you here super Roty, wishing you well. I hope you got out of matd with a profit those years back.
I'd be surprised to see us drift lower with key news due in such a short time frame. 58mil expected by the close of this month, Saudi news, and then 260mil in October. Dyor and don't mislead, this is already massively undervalued and priced currently to fail, 4p+ in July
Iv been relistening to all of the interviews over the last 6-12 months, and on 3 occasions has said 12 -18 months to production. Blyvoor is a 2 day drive away if they wanted to truck some a process it there. Talking about starting mainly with pile 7 containing 400oz of gold. At low operating costs a less than $800 per oz, the profit katoro will be making in the short term relative to other gold Aim company. The interviews and the rns both show building excitement around the project, and I think 5mil mcap is extremely undervaled for were we are. Few weeks now, multibagger to come over the next week's months years
Being talking talked down by those who follow for a cheaper entry KEFIs gonna catch alot out when funding news arrives. "They have until the close of this quarter" I believe funding news will arrive a few days before Saudi news does. I have a large holding, will keep stagger buying in any dips and when funding arrives throw the house at it. Fund news will derisk us to have a 350mil ++ mcap in years to come
Nice one investor, good to always plan for the worst case scenario. Il be in what ever happens, TK is a monster that will massively benifit Ethiopian, this month, October, with gold at the highest high and post corona, and the central bank already signed the 260mil, this a no brainer that I will arrive, I believe from the RNSS and the multiple interviews stating it will, if I doesn't il top up. 20mil mcap is penuts for TK and the actually certainly before close of q2 we got Saudi maiden resource coming, which will take KEFIs NVP to 300mil+ making us more undervalued the we currently are.
Re rate coming, I'm surprised we're not 2s now, October KEFI will have 140mil cash lol, good luck all, have a great day now
The JV represents a unique and exciting investment opportunity for the Company with the possibility of significant near-term revenue generation within a very aggressive timeline.
"To have received 14 expressions of interest to date, despite the challenging business conditions that COVID19 has caused, is further validation that the Blyvoor Project is indeed robust and attractive to potential investors. This also demands that the Company take all steps necessary to ensure that it can adequately and responsibly assess, evaluate and consider all available options and possibilities whilst continuing to advance development at pace.
"The Company looks forward to updating shareholders on progress made on the financing deal for the JV Project and appreciate the patience and support that shareholders have shown in recent weeks."
Your right investor, nothing is certain and there could delay at which id top up. But I believe they will for a few reasons
1st, its written in the Rns that if ANS don't by the close of q2 that EG will pay the 38 mil including the already 20mil from them.
2nd, gold at a high with sentiment to keep rising over the next 24-36 months. KP busted with previous owners before due to the crashing gold price, so I'm confident they won't want to miss that window.
3, in the interview, harry did say he feels happy that ANS will pay, if they don't the EG have said they would, and he said their is others they could replace or part replace with.
4th, TK would massively benifit the gbp of ethiopia
5th, it would be a good investment for any II buying in to TK.
Were find out by the end of the month, the 260mil, the biggest part is already signed for and just waiting this months funds to unlock the whole show
The have until the close of q2
Another day closer to news landing the could transform KEFI, the funds landing this month is the key that unlocks that plan, and what will truely wake up the sleep giant. We're undervalued as it is and expect things to start boiling here over the next few weeks, and then the herd will arrive.
And Saudi news due by the end of the month too, kefi could reasonably have a 350mil mcap on Jan 2023, and when funds land this month unlocking the 260 and the whole asset we're should be much closer to are NPV
Low cost operation with an estimated All-in Sustaining Cost ('AISC') of US$727 per ounce of gold and an All-in Cost ('AIC') of US$920 per ounce of gold. Total Project capital costs of US$110m across the life of the Project, with peak funding requirement of US$36.4m
I believe its a case of we got 1.2 MOZ of tailings, you 14 have the money, who's got the best terms to maximise us both. The deal will derisk them to production in a relatively short timeframe, and produce 35000 oz of gold per annum, on confirmation of the deal I expect the mcap to be at least 15mil
In the interview below, loui said it's not more delays, it's so many offers they have to take the time to see what's best for them. They WILL get funding from one of the 14 bidders and when they do they will be derisked to production in an agressive timeline as per the wording of Fridays RNS, when 1 of the 14 is select, to earn then 50percent of 35,000 Oz per annum for years to come. Dyor all, when the deals done we're not gonna be lower
Hi everyone, wishing you all well and I hope everyone had a good weekend.
So, in the next four weeks were find our if the master key arrives. ANS funding news, wether it from ANS the EG or anyone else, unlocks the 260 already approved by the Ethiopian central bank. Due by the close of this month but actually could arrive at anytime within the next four weeks is a green light for a significant rerate. And at the same time Saudi news which is massive. Fingers crossed no delays or unexpecteds, but with the 260 signed off, I believe they will easily get it from ANS or EG as it would benefit the country massively in a gold high forecaster to continue to rise. Getting closer and looking forward to seeing it all come together, ATB