Member Info for Positivevibes

You have negative things poised and ready to post , about the the past

Todauy, copper is at 6512 and we have 20 million tones at 2% copper equivalent

TK will produce up to 200k Oz per annum when the deal is done, and at 2000 dollars and Oz to will produce 400mil a year.

Never in the past ever has that been the case.

And gold now 2040+ and in a UPTREND

2050! I hope our sour LTH smellyben can be happy for the rise, and see how this is the strongest KEFI has ever been. Gold rising will see this deal done absolutely in my opinion, it's a no brainer

It's always been massively undervalued. The market starting to realise this is the strongest position kefis ever been in to close a transformational deal. 2.5p anytime and then Saudi news hopefully next week. 3p+ before September

https://goldprice.org/live-gold-price.html

2046

Makes the prize sweeter, kefi more valuable and deal more likely to be done. When the deals done it will make no sense for us to remain under 5p at all

Tulu Kapi Project Economics
From a gold price-risk viewpoint, the development and finance plans withstand a flat gold price for the next ten years of c. US$1,100/oz - which approximates the lowest gold price experienced in over ten years. The average gold price for the past ten years was US$1,365/oz.

At the current gold price of circa US$1,700/oz, KEFI estimates:

· net cash flow of the open pit mine to be US$481 million; and

· the Definitive Feasibility Study ("DFS") based NPV of the open pit (US$300 million) added to that of the PEA-based NPV of the underground mine (US$110 million), totals to the aggregate Project NPV at 8% of US$411 million. NPV's are on after-tax cash net cash flows as at today.

On this basis and after taking into account that KEFI has already invested nearly all of its contribution to the Project equity, KEFI's 45% beneficial interest in Tulu Kapi only is US$185 million (approximately £153 million), about nine times the current market capitalisation of the Company.

Boomtime is still 6+ weeks away, this is leading up to it. Saudi news will help take us up through the 2s and into the 3s, closer to a 50milmcap 1/5 of what kefi will be producing annually once the deals completed. Long way to go and short clear defined timeframes

I doubt tomorrow honestly, but what we do know is August.

We have a massive maiden resource RNS due which is which support the completely Re-rate the share price.

What we're seeing is only the start of that, as an update on the World class Saudi resource is due.

That'll be quickly followed on by the TK news, with offtake financing arrangements now being 'Concluded', according to the company's own statements.

The Technicals point to a very near term clear run to 2.5p with fundamentals indicating a share price effected well above 10p on the further news due in September.

This isn't idle ramping but hard analysis of the metrics if the project and the game changing catalysts being affected within weeks.

Do your own research. It's all there for those astute enough in canny investing and against a strengthening macro economic backdrop for gold investment.

Happy to help, still a long way to go too. Everyday a day closer and more likely to the deal being concluded. Then KEFIs a monster making Hundreds of Millions!! I'm holding until 2022 we're we will be double digits of TK finacial close happens.

NPV's for 45% of Project

USD Millions

105

180

273

GBP Millions

85

152

218

28milmcap is £. Even then 45% of TK without the open pit, the NPV is 218 7x+ our current Mcap, Ann all numbers above to improve when increase in percentage, and open pit is included, which is still open at depth. 2p is still early

Really happy for the long-term holders, 2p is still cheap. I can't wait for Saudi news, and then September!

"Tulu Kapi is the first modern mine development in Ethiopia for decades and we could not ask for a more committed community and Government. This Project is a national priority and will be the largest single export generator for Africa's highest growth country.

"Given the robust economics of the Project we have received significant interest to potentially provide the outstanding asset level equity and other forms of duly subordinated investment.

"Our discussions are progressing with Ethiopian investors and international specialist mining financiers, with the aim of securing the required Project equity ahead of closing the full financing package in October 2020."

KEFI are in the strongest position they have ever. Been in. All of the past led to now, and when the deal is likely concluded, KEFI is a 100s of mil a year country changer.

Even now, useless typing.

· TKGM is already in discussions with a range of Ethiopian investors and a number of international Specialist Mining Financiers, introduced by its shareholders KEFI and the Ethiopian Government, to ensure the required Project equity is secured well in advance of the closure of the full financing package in October 2020.

· Following the passing of the 30 June 2020 deadline, KEFI is now in a position to look to draw these discussions to a conclusion.

· As a new development, based on discussions and proposals received to date from Specialist Mining Financiers and Ethiopian investors, TKGM is now also seeking to potentially reduce the number of shares it issues to any third party by increasing the amount of funds raised by TKGM from the Specialist Mining Financiers in other acceptable forms, and by doing so increasing existing shareholders' ultimate beneficial interest in TKGM. If successful, this would have the effect of increasing KEFI's beneficial interest in TKGM above the planned base case level of 45%.

Everyone who watched the most recent q and a can see this deal will highly likely be done also at a higher percentage than 45%

TKs NPV to kefi will be 270mil plus
Hawaii will have a 200mil+ NPV
Both open at depth.
And JK has 30mil start up costs to fund for 700k Oz.

2p is still cheap

I'm sorry.

US$100,000 upon the satisfaction of the conditions precedent;

The second US$100,000 upon the satisfaction of the change of name

Due at some point. And I'm assuming haneti drill programme will start in the coming weeks.

Your a smart silly person. I wish you the best, but you spend you time and energy in the wrong way I feel. I wish I could type as articulately as I could speak. 2p will break anytime soon

KEFI is confident that u/g drilling where avg grade 5.7g/t, is capable of increasing the resource quickly. The 140koz pa initial production target can rise to 200koz pa. All this excludes satellite deposit. The open pit NPV is x10 mcap of £18m and including the underground, closer to 19x.

200k Oz per annum at $2000 = 400mil per annum
FACTS

And should be atleast 2.5 already. Saudi news due which is not priced it, gold at 2040 and September a few fees away. Fear of it running away when people think they have time to wait. So many passive derampers who know exactly what's going on. Anyone with a basic calculator can see we're worth more than 35mil at present and that there is alot money to be made here.

Does anyone know how soon we start drilling at haneti?
And when our first payment of 400k is due from selling imeru?

Thank you

https://goldprice.org/live-gold-price.html

Gold at $2040!

Harry Anagnostaras-Adams, Executive Chairman of KEFI, commented: "KEFI and our G&M partner ARTAR look forward to participating in the development and expansion of the Saudi Arabian minerals sector, which the Saudi Government has made a national strategic priority. The recent approval by the Saudi Cabinet of the new mining investment law is a very positive development for our Hawiah (copper-gold) and Jibal Qutman (gold) projects in Saudi Arabia.

"The Hawiah deposit is shaping up to have similar mix of metals and to be a larger deposit than the nearby operating Al-Masane underground mine in southwest Saudi Arabia.

"We look forward to releasing the initial Hawiah Mineral Resource in August and thus providing further confirmation that our valuable Hawiah deposit has the scale and grades for a potential long-life, profitable mine. At current copper prices, it is notable that the in-situ value of Hawiah is already likely to be more than US$2.5 billion."

I will stop posting again.

3p soon as the FA just gets stronger everyday, 10milmcap anytime would still be cheap