Member Info for Robjm66

Already playing out like i said it would Bishop with the shareprice bottoming out and ready for a recovery and funnily enough the gold price does have relevance to a company with gold mine (plural) prospects.

Just a reminder that TK is not kefis only gold project.

https://www.kefi-goldandcopper.com/projects/saudi-arabia/jibal-qutman

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

Https://www.ft.com/content/72ae7a4a-83fe-4e55-8265-4278204c1d5d

The price of gold has surged to a record high, driven by growing expectations of US interest rate cuts, investors hunting for haven assets and months of prodigious buying by central banks and Chinese investors.

https://www.cnbc.com/2024/03/05/xau-gold-scales-all-time-highs-wall-street-analysts-say-it-has-further-to-go.html

In a Monday note, analysts at Citi described themselves as “medium-term bullion bulls,” calling a 25% probability of gold averaging a record $2,300 per ounce in the second half. Their base case remains $2,150, and they reiterated a “wildcard” call for trade reaching $3,000 over the next 12 to 16 months.

I have not been dumping stock and do not trade in and out long term I still expect kefi to do well from here. When it does no doubt you will do your usual disappearing act.

Its a laugh that someone who disappeared and is not holder is moaning that someone is buying in to make some money and might not stay here for the multibag. As for slinging insults around calling people liars that's an even bigger laugh from a poster that has been caught out multiple times and usually just disappears for day or hours in the hope that by the time he comes back people have forgotten the fact.

Just to summarize TCMs post kefi got Ethiopian Capital Controls changed, approvals of environmental matters security was addressed and got credit approval from the lead bank and raised twice as much from primary bid as last time.

Can compare Kefi to Amak in Saudi for the Saudi prospects.

Plus somewhere between Akobo and Allied gold for the Ethiopian prospects.

Looks like another gold price spike at the moment https://goldprice.org/ maybe kefi should at least raise it gold price estimate to 2000 dollars an ounce.

Meanwhile gold near all time highs and kefi still have three main mining prospects.

https://goldprice.org/

If your style is an investor and not a day trader and you are selling you are betting that kefi will not be able to get any of its prospects off the ground if you are holding or buying you are betting they will.

As for the people that are not are not any of those things they will disappear again on any kefi share price climb as usual.

Bot whole thing should have been organised better think the problem was they run out of time trying to avoid doing a placement at all while negotiating with a lender.

https://www.***************************/kefi-gold-and-copper-raises-5-million-for-launch-of-tulu-kapi-gold-project/4121146173

guess actual shareholders more confident than people with no skin in the game. where the company did get it wrong it could have raised more money from shareholders rather than a placement with probably a less of a discount maybe replacing the placement totally if organised differently with people having more notice and more than a couple of hours to invest and less confusion over the offer.

"the company is pleased to announce that the retail offer via primarybid is successfully completed and has now closed. from the retail offer, the company has raised gross proceeds of approximately £495,916"

Worst case is kefi hovers around the placing price which is still higher than when TCM predicted imminent doom before he went missing while the share price climbed 40 percent plus.

After that should have more Saudi news this month and should get an update on TK as do not think we are as far away as some people think.

Meanwhile your going to have the background of a high gold price and lack of fear about a placing as it would have happened. Share price could easily be back at around the .8 level within a week or two.

"Public record that Artar decided to support kefi rather than play hardball and buy Kefi out so the whole argument is kind of how many angels can dance on a pin.

Obviously does not make sense for Artar to kill the goose that is laying the golden eggs discovery wise and replace them with someone that may or may not make the same level of discoveries and will want a slice anyway.

So the value of the Saudi side to kefi is down to the discoveries they make though if you are trading in and out of kefi you might be hoping kefi drops the ball at least long enough so you can get in at nice price. Then of course suddenly kefi will be the best thing since slice bread till you have sold and want to get back in again."

Dv see this as bridging finance till the TK finance, company would have been squeezed by work taking place on the ground at TK while at the same time more drilling in Saudi . Think they simply run out of time with arranging to cover the gap.

Got a smaller percentage slice of the Saudi pie but the pie is going to be a lot bigger. Probably the main reason for the funds being needed is the Saudi drilling.

Smellyben you just talk your own book depending on whether you are invested at a particular time or not you have happily ramped or deramped depending on that in the past. I fully expect you to buy in again here in the future if you follow events then suddenly kefi will be a great company and you are a genius for buying back in.

Katsy been predicting the cash raising since about a week after the last one every week Smelly.

People have the opportunity to buy at primary bid but not a lot of time. SP might dip to the placement price but would expect a quick bounce back as think the company would have gone for more money if a deal was far off, there will not be a fear of a placement any more and gold price is on a tear.

Fantasy think where the company has fallen down is not sourcing Saudi money on the back of progress there but maybe they were doing that and ran out of time. Electric think the company was trying to hang on otherwise it might have gone for a placing around January and would not have come to an arrangement with Artar.

/views/73319/kefi-placing-a-primary-bid-offer-you-really-should-take-up-at-06p-fyb

"Kefi Gold & Copper (KEFI) was in talks with a financier to tide it over until the bank funding for Tulu Kapi arrived but time pressed on and so, after hours there is an RNS. There is a placing and a Primary Bid offer to raise up to £6 million at 0.6p, the shares closed at 0.78p. After then there should be no more dilution at a PLC level and the shares do look very cheap so take up that offer TONIGHT at Primary Bid, registering HERE."

Https://www.kefi-goldandcopper.com/files/announcements/kefi-placing-and-general-meeting-4march2024.pdf

Should have kept their nerve and let the warrants come into play but its only for a relatively small amount.

Https://goldprice.org/