Member Info for Robjm66

https://sydneyaustoday.com/alara-resources-asxauq-forms-jv-to-apply-for-license-for-khnaiguiyah-project-the-market-herald/44263/

Personally would like to see it in writing that JQ is back on the board even though it looks like kefi and harry have been tipped the wink that it will happen especially now kefi is looking at an 800000 ounce resource there now.

More to come kefi did not really have time to have any kind of marketing push due to things only sorted at the last minute AGM video only got out during the weekend. Would expect people though to absorb developments over the weekend and buying to continue Monday and then the shareprice will have a full week to run. A lot of sellers or potential sellers would have been flushed out by the gyrations in the share price as well, so going to have a firmer base of shareholders going to Hodl and not give away their shares cheaply.

The rich women comment refers to Gina Rinehart she Is not involved with Kefi but is Jeff Rayners other Geo Job https://www.kefi-minerals.com/people/senior-management . https://en.wikipedia.org/wiki/Gina_Rinehart Harry was using it s an example of the high quality of the people he has working for him. Obviously talking a billion or multi billion dollar mining company as part of the consortium the attractiveness to them is probably getting their foot in the door in completely new markets in the region rather than just TK. The Ethiopians need to grasp the opportunity these kind of companies getting interested in their country means.

Really good if you drill down into the detail of the presentation I expect an exciting week next week interesting that Harry let a couple of things slip "worlds biggest mining company lawyers at meeting" and so on.

Once you start getting auctions for copper and zinc areas in Saudi going to be easier for market to value Hawiah which is going to dwarf TK once the new licence areas are explored.
https://www.kefi-minerals.com/projects/saudi-arabia/hawiah

https://www.kefi-minerals.com/files/presentations/kefi-indaba-presentation-11may22.pdf

Hawiah was discovered in September 2019 and now ranks as
one of the:
• top 3 major base metal projects in Saudi Arabia; and
• top 15th percentile VMS projects worldwide

Comparison to Amak slide 8 slight disparity in market cap.

https://www.kefi-minerals.com/projects/saudi-arabia

https://www.spa.gov.sa/viewstory.php?lang=en&newsid=2366935

http://www.worldports.org/global-interest-in-saudi-arabias-mineral-auctions-surprises-to-upside/

https://www.arabnews.com/node/2110551/saudi-arabia

Interest in Saudi Arabia’s incipient mineral deposit auctions program has surprised to the upside as investors seek resources in varied jurisdictions for energy transition applications, the kingdom’s minister of industry and mineral resources, Bandar bin Ibrahim Al-Khorayef, said.

Foreign companies have applied for “hundreds” of licenses in various projects, with one company alone applying for as many as 80 licenses, he said.

Mineral development sites for auction hold copper, zinc, gold, silver and lead: properties with nickel, PGMs, tungsten, rare earths, phosphate and iron ore may be auctioned later on.

Tom Winnifrith Bearcast kefi "vindication...!

Yeah right.
"Cracker has his connections.

If he says lambsville....it's all over folks
License is lost"

From second RNS

"We can at last focus on a sequential development path to build a mid-tier mining company with aggregate annual production of 365,000 ounces of gold and gold equivalent, in which KEFI will have a beneficial interest of 187,000 ounces of gold and gold equivalent."

"KEFI's current market capitalisation of circa GBP20 million equates only to approximately US$12 per gold-equivalent ounce which compares very favourably to the prevailing gold price range during 2022 of approximately US$1,830-2000/ounce.

The underlying intrinsic value of KEFI's assets has increased from December 2020 to December 2021 based on the three projects' NPV (at an 8% discount rate and using 31 December 2021 metal prices). At that same deck of metal prices, NPV per share has grown from 3 pence as at mid-2020 to 7 pence as at mid-2021 and 9 pence as at mid-2022 (calculated on the shares in issue today)."

Key sentence "We are pleased that the Minister of Mines and other Ethiopian government officials have expressed their continued support."

Usually there is an AGM statement by the Chairman would expect some kind of statement anyway.

Its kefi so news could pop up now or tomorrow.

Company fully expected to have the Umbrella agreement signed by then so the timing made sense as company's like to have AGM where they can present some good news at the same time.

AGM this Thursday should be interesting.
https://www.kefi-minerals.com/files/announcements/kefi-agm-notice-of-meeting-and-proxy-form-6june22.pdf

Only inside info he has is his inside leg measurement.

https://www.miningweekly.com/article/kefi-refutes-media-reports-that-it-lost-its-tulu-kapi-licence-2022-06-27

Yes it is now or never gets signed its all good even if it does not then kefi can pivot to Saudi and that will be a lot less problematical and the KSA prospects will start getting the attention they deserve and the shareprice will likely bounce back due to that and less negativity and dramas connected to Ethiopia.

If I wanted to make any money on a trade could have just sat on the article quietly sold my kefi holding then bought back later in the day once it hit oversold territory as whatever happens in Ethiopia the company has great prospects in the KSA and the bad news would be in the share.

If I was that kind of person my bank balance would probably look a lot healthier!

FJjones Did not hold it back usually do a google search in the morning a bit before the market opens do this most days bar over sleeping or having something else on. I do search's for kefi and several other searches to try to pick up some news on kefi and Saudi mining developments. It showed the news popped up about eight hours previously when i was asleep.
Company effectively would have eight hours to react to the article probably more as it quotes harry in it and it would taken time to get it written up then published.
Probably were some people that found the same article i did by just googling kefi and sat on it trying to giving the company more time to react i can understand that as it looks like games are being played by someone in Ethiopia and the same people may well have anticipated that I would post the article up but what choice did I really have.