Member Info for Robjm66

“Rob - you are not getting the point... what is the purpose of this webinar?”

How about watching it to find out?

But meanwhile we have can have some guesses.

Well obviously he will walk people through the last quarter and its developments.
Answer Questions from shareholders.

What else well due to the timing I would not be surprised if some news drops Monday morning could be progress on Saudi listing, progress on Saudi projects generally or some progress in getting closer to TK launch or a mix of the above then Harry walks us through that.
Personally will write up the Webinar as usual feel free to not read the write up or watch the webinar if you are not interested.

Fantasy doubt an hour long webinar will slow things down. Rather have good communication then worry about any period of radio silence from the company . You should have a build up in marketing and communication in advance of any project launch to maximize any uplift in the SP which is even more important here where they are going to want to trigger the warrants.

Obviously people will be watching the webinar to see if he touches his nose three times which apparently means a placing. Here is an idea actually watch the webinar and/or ask questions to find out where the company is at crazy I know.

https://www.investormeetcompany.com/

Personally think some news will drop Monday morning and more likely to be good than bad otherwise you would have the webinar on a wet Thursday or Friday.

Yes no way going to announce a placing then go on a live webinar where he can be asked questions. The timing is good though for dropping some good news Monday morning then walking people through it after market close then giving the SP a run for a week.

By poster arrash advfn kefi board

CHATGPT view of KEFI shares prospects: KEFI Minerals plc is a gold and copper exploration and development company which has a portfolio of gold and copper projects in Ethiopia and Saudi Arabia. KEFI is focused on developing its gold and copper projects in Ethiopia and Saudi Arabia, supported by its exploration portfolio. The company is focused on its Tulu Kapi gold project in Ethiopia, which is currently in the development stage. The company also has copper projects in Saudi Arabia, which is in the exploration stage. The company has a long-term ambition to become a gold producer in Ethiopia and a copper producer in Saudi Arabia. KEFI Minerals is well-positioned to benefit from the increasing demand for base metals and gold due to their potential applications in the electric vehicle, renewable energy, and technology sectors. The company has a strong balance sheet, a low cost base, and a strong management team with extensive experience in the mining industry. The potential for KEFI Minerals to become a profitable gold and copper producer is strong and the company is well-positioned to take advantage of the opportunities available in the sector.

https://www.fanabc.com/english/ethiopia-earns-1-75bln-from-foreign-trade-in-six-months/
(Ethiopia general)
https://www.arabianbusiness.com/industries/saudi-arabia-invites-international-bids-for-five-mining-exploration-sites (Saudi mining)
https://www.tradearabia.com/news/IND_406370.html
(Saudi mining)
https://saudigazette.com.sa/article/629776
(Saudi mining)
https://www.thenationalnews.com/business/markets/2023/02/13/saudi-arabias-maaden-posts-87-jump-in-2022-net-profit-on-revenue-boost/
(Saudi mining)
https://www.zawya.com/en/projects/mining/saudis-maaden-eyes-upstream-growth-via-domestic-global-joint-ventures-dkn8ncsl
(Saudi mining)

Whoops sorry for the duff link but if you are on Twitter just search #kefi then select latest then click on the link on the directors talk tweet. Not the one for A night of romance at Taj Club house...well unless that's your thing of course.

https://*************************/status/1625092720279662594

Thanks bears might just be a coincidence (or in response to comments at their mining conference) that foreign listing and dual listing are mentioned after the kefi rns, or kefi and its advisors could already be in talks with the SA regularity authorities about their listing but either way its obvious the authorities there want to make it easier for companies like Kefi/Kefi Jv to list.

That means a listing is pretty much nailed on and obviously the company and/or Artar can have some input (if they are on the ball) over suggested changes to regulations making the whole process easier and quicker.

https://www.thearmchairtrader.com/kefi-gold-and-copper-could-be-turning-a-corner-in-2023/
https://www.zawya.com/en/projects/mining/saudi-arabia-launches-pre-qualification-phase-for-5-new-mining-licenses-liqbgfgv (Saudi mining)

https://kalkinemedia.com/au/business-news/business-financial-news/23-companies-waiting-to-go-public-in-saudi-arabia-cma-chairman

Hmm interesting timing.

RIYADH, Feb 12 (Reuters) - The chairman of Saudi Arabia's Capital Market Authority said on Sunday that 23 companies are waiting to go public on the Tadawul Exchange subject to market conditions amid what he called a very healthy pipeline of listings.

Foreign investors represent slightly less than 15% in the kingdom's market, chairman Mohammed bin Abdullah Elkuwaiz told a conference in Riyadh.

The market watchdog is planning to create a regulatory framework for dual listings, Elkuwaiz said.

https://asumetech.com/saudi-mining-sector-to-receive-investment-boost-as-industry-signs-agreement-with-standard-chartered-bank/ (Saudi uk mining investment)

https://menafn.com/1105558831/Ministry-Of-Industry-And-Mineral-Resources-Signs-MOU-With-Standard-Chartered-To-Boost-Investments-In-The-Mining-Sector
(Saudi uk mining investment)

While not having much in the way of trading software and I am sure most people here have much better sets up, the daily chart shows a dip before the actual trades around 10.25 suggesting a buy could have well been done at that price and time (10.36 and 10.37) or a matched buy and sell or a transfer or something fairly neutral.

The rest of the day after that trade the SP showed a lot of strength which is not suggestive of a couple of large sales maybe more of a large buy being worked through or something neutral considering there was a big contrast between the amount of buys compared to sells over the day.

If it is a couple of buys probably a cool customer waiting till the early morning volatility and larger spreads were out of the way and it hit their target buy price. Would think anyway two large sells the least likely option.

ditto slide 25

Auction of Khnaiguiyah EL in Saudi Arabia in Sep 22
• US$68M winning bid by Moxico-Ajlan & Bros consortium
• Advanced project with Resource of 25Mt at 4.11% Zn &
0.56% C

Just shows the silly valuation of kefi when this is a bit for just one licence area when kefi have licence areas coming out of their ears.

Slide 8

https: //masterinvestor.co.uk/commodities/waiting-for-goldot/

I hesitate to mention Kefi Gold (KEFI) – having like many observers been wrong-footed so many times by the regular promises that it really will, this time, get its Tulu Kapi Ethiopian gold project going. Kefi says all the funders are ready to sign, but that the Ethiopian Government is proving tardy. Whether this is the usual African ‘it can wait ’til tomorrow’ syndrome, or as conspiracy theorists have it, a dastardly plot to deprive Kefi of its ownership, we can’t know. The latter seems implausible, and when the mine starts the shares should be worth 2-3 times the current 0.7p. Holding the shares back meanwhile (apart from the sign-off wait) is the probability of a share issue to fund Kefi’s head office through to income from the mine. If I were Kefi I’d wait for the sign-off before coming to shareholders, so I can’t see much risk in buying the shares now.

From Someuwin ADVFN kefi thread

WH Ireland today.

09 February 2023
MORNING COMMENT
Kefi Gold and Copper
From resource developer to mine developer
Kefi is advancing gold and copper projects in the Arabian-Nubian Shield. The Tula Kapi project in Ethiopia is construction ready and, subject to funding, will produce an annual average 150k ounces of gold for AISC of ~$1,000/oz and generate significant cash flow. Kefi has also made significant progress with the Jibal Qutman and Hawiah projects in Saudi Arabia. Our fair value for Kefi is set at 5.4p/share, which we will look to increase as funds for the development of Tula Kapi are secured and mine construction given the go-ahead.
...
WHI View: Kefi is poised to secure the funding required to develop Tula Kapi. When in production, Tula Kapi would operate at high margins and generate significant cash flow. Secured funding will be transformational for our fair value and will, in our opinion, lead to a rerating. We maintain our fair value at 5.4p and will closely monitor progress of project financing for Tula Kapi.

https://www.zerohedge.com/news/2023-02-08/why-gareth-soloway-unbelievably-bullish-gold-and-silver (gold)

https://www.zerohedge.com/commodities/central-bank-gold-reserves-chart-second-highest-increase-1950-2022 (gold)

https://www.fanabc.com/english/uk-business-delegation-briefed-on-investment-opportunities-in-ethiopia/?utm_source=rss&utm_medium=rss&utm_campaign=uk-business-delegation-briefed-on-investment-opportunities-in-ethiopia (Uk Ethiopia investment climate)

He made a point of mentioning the government support and that they were all pulling together and meetings with consortium members. He is obviously meeting everyone at the mining conference like he did this last year.

I would say momentum in Ethiopia has been regained rather than lost.