The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P00007YUF%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00007YUF&ClientFund=0&CurrencyId=BAS
May be this is a little more up to date?
Its also in the Q&A on the website
Q. Can the company extend the life of the warrants that are about to expire? Or are they now about to be lost?
A: We consider that it is possible to create new warrants but not to vary terms of existing warrants.
Posted 03 January 2024
Pretty sure Harry mentioned recently in an interview that the warrants where the date is due to expire were not just lost. they can be re issued as long as they are under the same terms.
A good post on GGP
https://miningexplained.com/the-lassonde-curve/#:~:text=The%20Lassonde%20curve%20is%20a
Were just about at Sign on two projects this year and start of construction.
Thats what I thought to Electric, so putting the two together together in the same post on KEFI's board is just someone trying to be a little misleading at best. Although I'm a little unaware on what I was incorrect about, the two statements posted clearly to mislead still don't have anything to do with each other.
I guess traders are just trying to scare monger as they know the second bank sign off is coming soon.
Thanks Danners
So what does the 2nd bank meeting up with KEFI have to do with Xtract (XRT) having to do a raise?
The quote is clearly nothing to do with KEFI, but is to do with xtract?
That didnt work for me, this one?
https://www.thisismoney.co.uk/money/investing/article-13038037/SMALL-CAP-IDEA-Junior-mining-sector-period-capitulation.html
Absolutely, but
Leveraged NPV8% @ construction start US US$377.4m
would indicate the share price will be working towards many times what it is now when the second bank signs as we currently sit at $32M MC
2M Oz at $2K an Oz = $4B Lots of people think gold price will be higher soon.
All in cost stated at $1282 an Oz in recent RNS is $2.564B
Leaves profits at roughly $1.4B
VGLA
Https://aheadoftheherd.com/getchell-gold-a-case-study-of-gold-in-the-ground-richard-mills/
The conclusions drawn from their statistical analysis include:
80% of all transaction occur at $90/oz or less, over half (56%) occurred below $45/oz
With the exception of a few outliers, there is little or no correlation to the price of gold
The average price paid for gold in the ground was $63/oz
The median price was $39/oz
Thanks Ben, I appreciate you keeping me straight, yes I saw they still owed the money but yes mistook the connection fully. I'm along the same thinking as Simms, Once they get sign off (hopefully soon) The warrants will come in to play and help with some of the financing from KEFI's side.
NPV, IRR & Valuation
Leveraged IRR @ construction start Gold US$2020/Oz
Leveraged NPV8% @ construction start US$377.4m
Leveraged NPV8% @ production start US$588.0m
Breakeven cost (inc everything e.g. debt repayment, taxes etc) – US$1,282
As harry stated we still have updated drill results to come soon.
Thanks Smellyben, I seem to have my numbers mixed up, I thought £3.5M was for 2%, making the project worth £175M making KEFI share £43.75M. I've missed the parts where it says its worth £580K (sorry I didnt do particularky well in maths,your help is much apreciated) , Was there a thread with this in or an RNS where it shows how that sum has been arrrived at?
These GMCO joint venture refinements continue a longstanding pattern of refinement and reinforcement of the relationship between KEFI and ARTAR in order to facilitate GMCO's progress. It also enables KEFI to allocate its capital principally to the finance-closing and launch in H1 2024 of its Ethiopian gold project at Tulu Kapi, whilst ARTAR supports GMCO's continued rapid progress.
To provide further flexibility for project financing across the portfolio of Saudi assets, licences for GMCO's exploration and mining project are being transferred from ARTAR's name directly into GMCO's. It is envisaged existing and future advanced projects will subsequently be transferred into separate subsidiaries to enable further flexibility on specific mining projects.
Doesn't sound to me like any ones trying to ''buy KEFI out for peanuts in the next 18 months'' quite yet. looks like a strong supportive relationship like harry states in interviews
Based on a gold price of US$2,020 an ounce, KEFI added the estimated net present value for the project at an 8% discount is US$377 million at construction start and US$588 million at production start.
hi tenacity is what makes me believe this project is going to happen.
https://www.***************************/kefi-gold-and-copper-should-be-a-300m-company-interview/412998543
this is the first video i watched when i found kefi, he believes we will be worth £300m. they have the gold and more on the way. just needs time to start the build, worth a punt for me.
Back in this stock for the first time since the middle of last year as I wanted to be in an oiler due to rising Oil prices and as this stock gave me a 9x in the past I've just got an attachment to it :-)
Good to see Tony Keeping us all up to date as he did before, keep up the good work Tony.
Also I see 'surprised' posting some good stuff and a couple of others. keep up the good work guys
Didn't Harry categorically state that no contractors were paid in shares?
What was that Harry said in the last webinar.
KEFI have raised more capital for TK than AIM has raised in the last 12 months.
the past two days trading looks to me a carbon copy of 4th-5th April 2022. A spike in volume then a near complete reversal on 1 3rds volume the day after. Look how the share price then trended from the 6th to the 12th before it was realised someone got their stories mixed up. hope fully this will be the case come Tuesday and the following week. GLA DYOR