Member Info for Robjm66

Not directed at you but think Pedro has the right to comment from a trader perspective maybe save the ire for those that are not honest about their position.

Got more respect for someone who is positive over kefi from a trading respective and is honest about it than several posters that just trash the share purely to get in cheaper which now looks like it is not going to happen.

As for Harry you do not have to be Elon musk to get a gold mine over the line with such a high gold price which might go even higher.

Upshunt Jibal Qutman is not that far behind TK when you consider that it can be more quickly built and is less exposed to delays.

https://www.kefi-goldandcopper.com/files/announcements/kefi-jibal-qutman-gold-update-30jan24-final.pdf

Also

Selection of preferred production start-up plan expected by mid-2024

The Definitive Feasibility Study (“DFS”) on Jibal Qutman Gold is making excellent progress and release of its conclusions is expected in mid-2024.

Finalising and publishing the underlying Mineral Resource Estimate (“MRE”),

maiden Ore Reserve and DFS.

https://www.kefi-goldandcopper.com/files/announcements/kefi-abu-salal-discovery-19feb24.pdf

Hawiah is further off but its huge and getting bigger

Assays of Abu Salal’s sulphide mineralisation has returned multiple grade intervals of comparable to those at GMCO’s Hawiah discovery, which already ranks in the top three of base metals projects in Saudi Arabia

Then add to the fact that Ivanhoe discoveries near kefi prospects should be good for the shareprice hence kefi sharing information with them.

HtTps://www.youtube.com/watch?v=CpmEmrP5OEo (peter Schiff gold)

Https://www.2merkato.com/news/trading/7713-ethiopia-oromia-generates-usd-163-million-from-mineral-exports (Ethiopia mining)

https://www.africa-newsroom.com/press/africa-finance-corporation-afc-and-investee-company-infinity-power-win-big-at-2024-bonds-and-loans-awards?lang=en (AFC Bank)

https://mining.com.au/magnum-mining-inks-saudi-funding-deal/ (SIDF)

Another TW comment on his site.

Https://www.edisongroup.com/research/the-penultimate-piece-of-the-puzzle/33326/ Pretty obvious attempt to spam over the report.

"In the wake of KEFI’s equity raising, we calculate that Tulu Kapi, Hawiah and Jibal Qutman are capable of generating average free cash flow of c £82.3m in FY27–32 (almost unchanged cf £82.6m previously), making average (maximum potential) dividends of 0.59p/share possible" so possible dividends roughly the same as the present shareprice.

Actually think the figure are pretty conservative though as Jibal Qutman will be bigger. On the other hand At current metals prices, however, it increases to 4.20p (4.14p previously) now and to 5.58p (5.50p previously) in FY27..and more if you count in Guji-Komto.

So eventual ten bagger is what they saying without adding in recent discoveries.

Https://www.edisongroup.com/research/the-penultimate-piece-of-the-puzzle/33326/

Think if Harry was effective at “pumping” the company the shareprice would be a lot higher than it is now. Talking about a company with two main gold prospects with a gold price now above 2150 and a derisory Market cap under 30 million.

From what i can see he thought that the placing would not be necessary that they would get a bridging loan in time and then it would be about exercising the second trance of warrants of the back of board approvals.

Think kefi are over using TW but Harry is not the best communicator or presenter. However should not have just dropped the RNS and not followed up with something explaining where the company is now.

On the other hand what can they really say about Ethiopia next step is board approvals by the consortium members and with Saudi they have put the information out there with other updates expected this quarter.

Whats crazy is the difference between gold miners performance in general and the gold price over the last five years. Gold miners actually did better after 2008 and its aftermath than now though gold was ok for some years after 2008.

https://uk.investing.com/indices/ftse-gold-mines

https://goldprice.org/

/views/73359/tom-winnifrith-bearcast-capita-is-still-crapita

Got pictures of the churches school and health clinic on the link I provided before Brad on this thread.

You can actually see them on google earth Brad.

Brad locals have come first got a school a church and even had vaccines to help with a outbreak and will get life changing money.Kefi have teams on the ground now the house are modular expandable homes and the map of the site is already planned with added access and electricity supply and th emining camp moved nearer the airstrip.Think the Ethiopians are fully capable of putting roads in though if they are any good with potholes we could do with them here.

Smelly if the company were that worried about funding would have gone for a larger placement.

Think they are more interested in the project going ahead and as soon as possible Bradshaw think worrying where the goats are going to graze is not high on shareholders priorities.

HtTps://www.bnnbloomberg.ca/gold-touches-2-100-as-traders-scoop-up-metal-on-rate-cut-bets-1.2042365 (gold 2142 as I type this).

Maybe you need a bigger chair Fever.

htTps://www.kefi-minerals.com/expo-presentation/addis-adaba

9° 4'55.57"N 35°33'5.09"E google earth old camp being dismantled

9°04'55.6"N 35°33'05.1"E Church and school Kefi built

Rainwhenidie/Bradshaw would refer you to the answers already given multiple times both recently and in the past on the Advfn kefi threads.