Member Info for robbieishere

Great news this morning, deal done with Traxys ($8bn revenue business). Should go a long way to arranging the finance package.

At 13.40 mins.
https://podcasts.apple.com/gb/podcast/market-talk-with-justin-waite/id1585347421?i=1000565963008

https://www.advance-africa.com/tulu-kapi-gold-mine-commercial-manager-jobs-in-ethiopia.html

https://www.advance-africa.com/tulu-kapi-gold-mine-site-facilities-superintendent-jobs-in-ethiopia.html

Taxi for Theo, lol

Just tweeted a few minutes ago. Looking good chaps!

https://twitter.com/kefiminerals/status/1526218581276499978?s=21&t=6XtINxy3zyNwQ6NhcFm9sQ

Great RNS, Harry will get this over the line. Prepare for lift off and strap yourself in.

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A companies share price compared to another is not related, it’s all to do with Market Capital. Shanta has an MCAP of £133m whilst Kefi is £37m
If we use your maths, Shanta are producing 55,000 oz of gold (I haven’t checked) and Kefi is 3x that , it would bring Kefi MCAP to around £390m and give us an SP of around 12p. Way short of your £1. Personally I would be over the moon with a 12x from here. £1 is unrealistic.

I think we all agree that if Kefi delivers on Ethiopia and SA then the SP should be 10-12p but if gold rises to say $2200 I could easily see us at 15p. In 5 years time gold could be as high as $3500 then 30p might be on the cards, add some more discoveries into the frame and then 50p could be possible however personally I think it will be high unlikely.
Of course, gold might only be in 5 years at $1500 then I suspect the SP will be around 10p
Ultimately it all comes down to getting TK up and running.
GLA.

we have so much more to get stuck into! This really could fly to the moon if harry delivers.

https://www.addisherald.com/ethiopia-is-sitting-on-one-of-the-worlds-greatest-untapped-gold-deposits/

Looking better every day. Plus $60m coming back into Kefi from the ministry of mines. GLA!

Financing well advanced, including potential support from the UK government’s UK Export Finance and the Automotive Transformation Fund

Interesting round 18 of the ATF! Closed for applications last month.

https://apply-for-innovation-funding.service.gov.uk/competition/1069/overview#scope

Your project must focus on one or more of the following

Electric motors and drives

magnet materials and manufacturing
electrical steel materials and manufacturing
electrical machine assembly
drive line components
assembly and test into complete drive unit

Upstream Supply Chain including:

raw materials
component manufacturing
sub-assembly manufacturing

Enough said.This has got Pensana written all over it!

Where have you been? Didn't you read this weeks RNS!

Well, I've told you all time and time again what a POS is company is. Placing looks closer than ever and it's now suspected to be in the range of 0.8-1p. PI's will be obliterated (unless you are short).

https://questions-statements.parliament.uk/written-questions/detail/2022-02-18/125550

Listen to GB interview today, second interview he has given to Zak where he does know what RBW are mining! Anyway, for me now I think Pensana is far stronger position than RBW so have sold up at moving fully into that as my RE play.
Good luck for all LTI here.

The contractor is in place. it’s even in their website.
https://www.lycopodium.com/where-we-work/

Oh dear Monkey, If only you listened to my at 67p lol. Still time for you to get out with enough cash to buy a bag of nuts. This will still drive a lot lower, looking at fundamentals this is going sub 1p and I give it an enterprise value of 0.85p-0.95p. Directors all selling, JS has almost certainly sold his entire holding to muppets like yourself so what’s not to like.
2 weeks and the company would of run out of cash so either a placing in the next week or so or the FCA will suspend trading in the shares. I suspect a hefty drop again tomorrow to around 6p.
GLA.