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Great to see the first of many copper hits at Hawiah, I find it super exciting Hawiah could be anything 40, 60 or even Mt. TK had 45000m of drilling and Hawiah will have had 25000m after this next round of drilling on a much bigger target 6km v TK 400m length. VMSs are elephant country when small mining companies can make huge discoveries also VMSs do not occur in isolation, so if you find one you find lots of smaller targets nearby. And the feeder zones if we find that then KEFI will be listed on the FTSE 250 cos that will be massive.
Lighten up on funding it’s still on target, would you rather they did it quickly and screw it up?
Kefi Copper and Gold Plc, NPV is 300million GBP with TK plus underground but not including deposits that could double present value cos there is double the present gold in satellite desposits.
Kefi Gold and Copper plc is a multi-bagger x 5-20.
Depending only how long your willing to wait for a return on your investment.
X 5 for 3 year or until the year 2024 investors.
X 20 for 12 year investors or until the year 2032, TK plus underground plus satellite plus JQ the whale Hawiah.
Look at the gold price going forward. It’s not whether TK will happen, it’s when will TK, HWH and JQ happen giving a combined 330,000 oz of gold p a not including HWH.
The base case of 10p per share for NPV of TK at 70%, completely misses the point of plus JQ plus HWH plus future discoveries which could be huge.
Huge upside.
Why is the manager of Billiton at tiny Mar cap Kefi?
Why? because they know the underlining value of Kefi C and G.
Believe in Harry we Trust.
3.2m shareholder, millionaire in 2030,
Duncan Noble
Honeytrap part timers!!
Why did go far that?
And we have lift off of rocket Kefi Copper and Gold plc, destination 5-10 x multi bagger by the year 2023. Hardest part is getting the rocket off the ground, but fuelled by TK close and Hawiah resource we will break £50m mar cap soon.
Making millions per year in 2022-23, the dividends could be 0.5p per share, which is a good yield.
Kefi is going to make a lot of money.
In our view, KEFI has control of the most attractive project in each country. Our assets, relationships and people provide a strong platform to develop profitable mines in Ethiopia and Saudi Arabia. Even with political turmoil, capital market volatility and the global COVID-19 pandemic, KEFI continues to make progress.
Along with fellow Directors and Management, I strongly believe that we now have the opportunity to advance and excel in what will be a rebound for our sector and our locations. This targeted success will have resulted from your support and the Company’s caution, focus and tenacity. Now should be opportune to develop our first operation and for KEFI to also go onto the front foot in both Ethiopia and Saudi Arabia for growth from exploration.
I have 3,216,995 shares in Kefi, which when Kefi is producing 140,000 ounces of gold per year at $? price, will make myself and anyone else who could see the glaringly obvious a tonne of money.
I believe and I have confidence because for years both TK and Saudi have been stuck in limbo but now they are finally going to proceed, they is too much money to made for both not to proceed.
https://www.miningglobal.com/brochure/kefi-minerals-striking-gold-ethiopian-expertise
https://www.kefi-minerals.com/files/presentations/kefi-corporate-presentation-16july20.pdf
I think Kefi have such greatly experienced staff because they know that there is massive untapped mineral resources in both Ethiopia and Saudi and Kefi is about to become a 300million mar cap company in a few years.
https://www.share-talk.com/harry-anagnostaras-adams-executive-chairman-kefi-minerals-plc-kefi-l-podcast/#gs.apr1mn
Excellent interview about future of Hawiah. It could be 500% bigger than currently stated because it is open at depth.
Hawiah is one third as big as the largest copper resource inSaudi but they have only drilled down to 350m. The Hawiah copper resource may go down to several kilometres which would make it far the biggest copper resource in Saudi, but we don’t know until we drill down that far.
Kefi could have a mega sized company making resource.
Kefi must be very certain of getting the licences from the Saudi government to start the mine because why else would they spend so much of their limited cash in Saudi? Why? It’s obvious; Kefi know they are on to a major mine at Hawiah and it will transform Kefi into a 200m mar cap company. So it’s all systems go for fast track mine development which given the average time is 15 years, Kefi may get in done in say 3-4 years, which is rapid.
I believe.
I would prefer to have invested in AGG on the TSX, which is very similar to Kefi Minerals.
The Ethiopian government need the export earnings from the mine so they will fix the hole left be ANS by any means necessary.
Net result for Kefi shareholders is the project will now proceed without ANS which is great cos they probably never had any money in the first place, so a massive win for Kefi shareholders.
Big risk that Kefi might go bust; big reward from todays gold price and the 140,000 ounces per annum from 2022.
Massive First Mover Advantage if things work out in Ethiopia, big exploration area for follow up exploration and the massive untapped potential of Ethiopia.
West Africa has lots of mines; Ethiopia has very few.
http://www.africangoldgroup.com
I know this website is LSE but African Gold Group TSX:AGG) is like Kefi but with better management and they own 90% of their first Kobada, Mali gold mine due to open 2022.
Kefi is tiny but they are in the a very underexplored and gold rich areas and they are partnered with the government of Ethiopia and Saudi Arabia.
Tulu Kapi gold mine in Ethiopia will start in 2022.
One very large copper and gold mine in Saudi and one another smaller heap leach (cheap and shallow) gold mine also in Saudi, both to start when then Saudi government grants approval (which they will as they are dead keen on mining now).
So Kefi Copper and Gold plc (due to be renamed soon) could well have 3 mines up and running within 5 years producing hundreds of thousands of ounces per year, that would look amazing on the revenue and profit on the balance sheet; and send the share profit into LEO.
The Ethiopian government and their people need TK and that is why it will remain on track, as per RNS with gold production in 2022.
There will be no more delay.
The government of Ethiopia have and will continue to do all that’s required to stay on the timeline outlined in the RNS.
This will happen.
In 2023, Kefi will have a 45% interest of a full annual production of at least 120,000 ounces of gold. Which I think works out as £29m profit per year, which is roughly the market cap at the moment. Add to that the potential Saudi copper/gold mine which is easier to finance because the Saudi government has lots of dollars to invest.
Kefi could easily x 10 its share price in 5 years.
The 120,000 is the ounces of gold that TK will generate per annum.
Simple maths
120,000 at $700 profit ($1,800 gold price and $1,100 costs) is $84,000,000 or divided by 1.3 is £64,500,000.
Times £64,500,000 by 0.45 to get Kefi share of the TK mine is £29,000,000 profit per annual to Kefi from TK from 2022 or a full year from 2023. TK will last for 7 years so that £29m x 7 which is £200m profit over 7 years from 2022-2030.
That’s not including underground at TK and ignoring Saudi which is already as big as TK, and surely bigger as it open at depth, which means when we have more money to drill deeper, we will know how big, deep and thus how valuable Saudi is.
Is my maths wrong, it’s hard to make up a forecast for revenue and profit for the 2022 and 2023 but I think the £29 million from TK is possible.
Any ideas??