Norris107
16 Jan 2018
Re: Happy Christmas all Many thanks robjm66 . Steady trading all day but you're probably right not enough volume for a leak on anything major, still good to see an increase though and with a bit of luck we'll get some partnership / finance news this quarter.
robjm66
16 Jan 2018
Re: Happy Christmas all Nice rise Norris107 today so some info could have leaked if it has and i would have to guess it would most likely concern relocation efforts as kefi was advertising for a community resettlement officer the other day.If it was a breakthrough in a finance deal or bringing a new partner on board i would have expected a bigger rise and on more volume. No definite news on advfn about what could have prompted the rise and no one there has picked up a rumour or a titbit by googling.Other factors could be people thinking the share price is oversold, gold is higher now over the last month, or a lack of selling. I am usually busy on Wednesday but apart from that day i check advfn at least once every day and usually paste up anything that could be significant though that is always going to be my best guess.
Norris107
16 Jan 2018
Re: Happy Christmas all hpn robjm66 - not much input here lately? plus I've a problem accessing ADVFN and keep getting "site has an unsupported protocol" message when I try to log into the bulletin board - also got the same when I went look at the 'nice job'. All new to me and not appreciated!Anyway - nice price hike today, long over due imo and was wondering if there were anyrumours/insights stirring the pot?Norris107
robjm66
09 Jan 2018
Re: Happy Christmas all tim_the_trout29 Jan '18 - 16:18 - 53572 of 53583 Nice job, about to commence soon[link]
robjm66
08 Jan 2018
Re: Happy Christmas all [link]
robjm66
22 Dec 2017
Happy Christmas all Happy Christmas and a prosperous new year to everyone
Freddie The Fence
14 Dec 2017
Genuinely laughed aloud "...it is a news channels duty to provide a constant stream of human misery and bad news stories"So true Rob
robjm66
13 Dec 2017
Re: Harry in Ethiopia [link] Some admin issues still to work through probably cleared by early January but good to see ambassadors actually looking after their countries interest.EBC seems to not to got the memo that it is a news channels duty to provide a constant stream of human misery and bad news stories. Maybe they need the BBC and channel four to show them how it is done.
robjm66
12 Dec 2017
Harry in Ethiopia Ironic almost given up using the buy sell hold rec buttons here but now when it is obvious the share price will bounce higher tomorrow morning the new design of the website covers the buttons![link] meeting between KEFI and Ethiopian Prime Minister Hailemariam Desalegn, Ambassadors Moorehead (UK), and Sawers (Australia) today[link] Ababa December 11/2017 KEFI Minerals has announced that it will start production at the Tulu Kapi Gold Project in Western Ethiopia in two years.Executive Chairman of KEFI minerals, Harry Adams, announced the plan after the discussion with the Prime Minister of Ethiopia here today. He said “we’ve resolved many administrative issues so that the project could be developed in 2018 and being in production in two years.”Prime Minister Hailemariam Dessalegn discussed with British and Australian ambassadors and Executive Chairman of KEFI mineral company on ways of helping the company start gold mining... (continued)
robjm66
05 Dec 2017
Re: RNS....placing @ 33p Charliee whichever way you cut it Lycopodiam is spending their money now in expectation that it will pay off down the line. You could say though it is disingenuous to say that amount will lead to big dilution at present shareprice then say you have no idea when it will be paid in shares discounting kefi will not just give them the cash or do a part cash part share deal. "Subject to full legal documentation and completion of the finance syndication” Likely any deal will be tweaked after this doubt that Kefi would give either party more than the ten percent each in shares mentioned in the RNS at the time.[link] pasty see you still think you are a better mining expert than the mining experts. Reams of stuff out there showing how the figures stack up and the mining plan has been constantly refined.Not only are kefi looking to get TK up and running but use it as a base for other mining prospects in the area. Guess it all a massive conspiracy involving kefi the Ethiopian government, Lycopodiam, Ausdrill and all the independent experts along the line.[link]
proper pasty
05 Dec 2017
Re: RNS....placing @ 33p The post you quote refers to the low grade of the resource and the reality that any company can alter the grade beyond the achievable by playing with numbers " in house".Of course, " in house" does not cut the mustard in sourcing finance.Said director sold out on a discussion board pump in 2011 when the company had 300M odd shares at 8p plus.Today it seems to have a similar number in issue BUT with a 17 to 1 consolidation and some other diluting vehicles in place and at an sp of below 3p the 2011 shares are today at one fiftieth of their 2011 value at least. So the director was shrewd then and probably shrewder now to disappear.The resource is a dog. But it meets the current directors needs as it did when it met the needs of previous the directors of Nyota in providing a fat salary and expense account.As for bringing the resource into production that would bring a risk of ending the gravy train! Why do it?Better to do as little as possible and dilute and keep bleeding the company dry until the inevitable.
charlieeee
05 Dec 2017
Lycopodium Rob"Subject to full legal documentation and completion of the finance syndication, both of these major project contractors would then stand with significant shareholdings in KEFI of under 10% each. Lycopodium has granted KEFI the discretion to pay for the first US$2.5 million of its programme of works in KEFI shares, at market price"So far, there do not appear to have been shares issued to Lycopodium.Presumably, therefore, within current liabilities (if HAA is to be believed) there is an amount owing of $1 million, which will either be paid to Lycopodium or they will receive 25 million shares (and the whole $2.5 would be close to 65 million shares at today's market rate). If Kefi is going to pay for the work it is disingenuous to say that Lycopodium are spending their own money and if it is shares, when is that triggered under the agreement?Huge dilution for small sums: shareholders need to know, as Lycopodium could be joining Lanstead on the short merry go round.
robjm66
05 Dec 2017
Re: RNS....placing @ 33p 2011 lol things have moved on a bit since then even in the last year.2015-06-25 Proper Pasty“The effective mining of this resource to produce the ever increasing subjective headline grades has always been the key for NYO or KEFI. KEFI have never been able to provide any confidence or third party support for the highly selective mine plan to justify the unreal "head grades". “estseon5 Dec '17 (advfn)“The closure boulder will start to roll following receipt of the clearances currently sought and that should be early in Q1 2018.The syndicate will be fully committed before the end of Q1 2018 - 'no turning back'"Pre-works" by Lycopodium ($1m already spent) and the relocation will be triggered soon after clearances are received - Q1 2018.Ausdrill will be given formal notice by the end of Q2 2018 to be ready to commence mining in mid-2019 to build up stockpiles (there is virtually no overburden where the mining is scheduled to commence)The plant should be fully commissioned within about 23 months of commencement of construction in Q2 2018 with commissioning scheduled to commence Q4 2019.Note that Lycopodium is spending its own money at the moment and that is part of its equity contribution ($2.5m).”------Would not be surprised if kefi is late hitting a scheduling target that’s a safe bet with most mining companies including kefi. However it’s going to happen or companies like Ausdrill Lycopodium would not be wasting their time or money.So according to your own argument....
proper pasty
05 Dec 2017
Re: RNS....placing @ 33p A director getting off the gravy train before it runs out of Track.He sold at the top and has taken a salary from endless placings. Well played Pilmer.Investing in this company is not like going to a Casino, they very occasionally pay out.The Company confirms that they have received notice today that Ian Plimer, adirector of the Company, disposed of the following shares
ate Number of Shares Price (per share) 6 January 2011 50,000 8.3p 12 January 2011 800,000 8.67p 12 January 2011 750,000 8.425p 13 January 2011 800,000 10p Accordingly, Ian Plimer now holds 1,250,000 ordinary shares in the Company,representing 0.37% of the total issued share capital of the Company.
robjm66
04 Dec 2017
Re: RNS....placing @ 33p Norris107 Always in the interest of mms to exaggerate any swings on the upside or downside and jump on a trend to generate trades. They are also going to be quick to identify shifts in sentiment as well, as they know how a rns is likely to go over from experience.Having said that they are neutral in the aim casino as long as the punters keep putting the chips on the table they do not care what number they pick.
