Almost every day someone describing themselves as WOW, a reader of this website, sends me an hostile or demanding email about Kefi Gold & Copper (KEFI). I now put them in spam but I bring you an idea of the tone with today’s missive.
Kefi Gold & Copper (KEFI) has issued a General Meeting statement emphasising projects progress in Ethiopia and Saudi Arabia, with a clear roadmap and to report material milestones along the way.
For what it is worth , the convicted felon Hooray Henry Charlie Gibson, Lord Ashbourne to you dirty oiks, has, at Edison, published a new research note on Kefi Gold & Copper (KEFI) suggesting huge upside. It reads:
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.
Kefi Gold & Copper (KEFI) has announced the discovery of a third copper-gold-zinc-silver deposit in the broader Hawiah district by its 25%-owned joint venture Gold & Minerals Ltd, with this further strengthening its view that the Hawiah deposit itself is only the first in a cluster of such deposits. Good news!
Kefi Gold & Copper (KEFI) has issued a “Tulu Kapi Gold Project Update” including the big news that “all the other parties in the funding syndicate, have advised they will this month go to their respective committees to approve the proposed transaction” and that contractors have all reaffirmed to enable full project launch in the current half-year as previously outlined. This very good news has currently helped the shares up approaching 14% at 0.675p to buy, but there looks much more upside to come.
Kefi Gold & Copper (KEFI) has confirmed a new discovery at its, 25% owned, joint venture Jibal Qutman gold project in Saudi Arabia and that this joint venture is making further progress which further adds to Kefi’s other potential in Ethiopia.
Kefi Gold & Copper (KEFI) has issued an update on its, "GMCO", joint venture in Saudi Arabia with the activity there meaning “a substantial pipeline of results to report, which it will release as appropriate during the current quarter and beyond”.
Yesterday Kefi Gold & Copper (KEFI) did a presentation on the Investor Meet platform then took questions from private investors. I'm happy with the presentation and am happy to still rate the shares, at 0.669p as a BUY. They could easily treble this year. I thought boss 'arry Adams was upbeat. But I also worry that some of my fellow shareholders are the sort of morons who give morons a bad name. For light relief just skip to the Q&A. Enjoy.
A reader who has endured my writings for many, many years contacts me with seven questions for Kefi Gold & Copper (KEFI). Since many folks have asked similar questions I publish the answers in full. The first four questions were answered by Kefi. I answered the last three. The answers are in bold:
Kefi Gold & Copper (KEFI) has issued a “Significant Progress on Tulu Kapi Finance Package”-titled announcement. So what is this reported “significant progress”? It is real progress.
Kefi Gold & Copper (KEFI) has issued a quarterly update including re-emphasising that it is progressing towards the big milestone “to trigger before the end of this year the first stage of the Tulu Kapi gold project launch”. That should indeed be big in the context of a current 0.55p share price, £27.3 million market cap, here.
There is a TR1 today showing that the big volumes in Kefi Gold & Copper (KEFI) shares last week were down to RAB Capital selling its holding onto private investors encouraged by the good news out of Ethiopia. So much for those who insisted THEY KNEW what was happening was a placing. So what to make of this?
Kefi Gold & Copper (KEFI) has announced receipt of formal confirmation of the last of many special permissions and policy changes agreed with the Ethiopian authorities and that the project finance banks for its Tulu Kapi gold project can now proceed to final credit approval for the $190 million secured debt package. This is great news, and with more set to soon follow.
I am plagued with emails from fellow shareholders in Kefi Gold & Copper (KEFI). Majid who I told I was not going to respond to after he repeatedly sent email after email where he called out myself and Harry Adams as wrong un’s asks my view. FUCK OFF! You abuse me and then pretend you care what I think? Straight to spam. Another emails to say:
