56 days ago
There is an RNS from Kefi Gold Copper (KEFI) this morning but not what we were hoping for. Funding for Tulu Kapi has not yet been agreed by the banks and Kefi had told us that it would be by the end of this week. Well: tick tock. Tick Tock. Give ‘arry Adams another frigging bonus to incentivize him. Perhaps he has already done his four days this week and is thinking twice about working another for additional pay?
60 days ago
At 7 AM on Tuesday 30 September Kefi Gold & Copper (KEFI) served up interims, sugaring the bitter pill f more crap numbers showing no restraint on boardroom greed at all, by promising that the two banks for sign off on project funding for Tulu Kapi “within the coming week.” What do you think that means?
118 days ago
Kefi Gold & Copper (KEFI) has issued a “Tulu Kapi Gold Project Update” announcement including the “signing of definitive project documentation to start this month, with full project financial close expected in September 2025, triggering full project development”. The following is why we look for the financial close to be a significant catalyst for the shares from a current 0.575p.
162 days ago
I compare how Kefi Gold & Copper (KEFI) promotes Tulu Kapi with how Ariana Resources (AAU) promotes Dokwe and look at whether either share is cheap
170 days ago
I have been pondering the outrageous response from Kefi Gold & Copper (KEFI) to the outcry from many shareholders including myself about the vast bonuses and other perks awarded to Harry “trougher” Adams for another year of failure in 2024.
173 days ago
The sort of good news first. Tulu Kapi funding should be secured and work starting in July, ish.
175 days ago
303 days ago
I discuss Trump’s tariffs triumph and the madness of Ed Davey and others wishing to shag an economic corpse and them, after today’s RNS, Kefi Gold & Copper (KEFI), pudding over egging with a claimed NPV of 15p for Tulu Kapi but why it is still such a great risk reward buy.
441 days ago
1110 days ago
In October Kefi Gold & Copper (KEFI) announced, in another delay, that it would get financial sign off for its Tulu Kapi scheme in “mid November”. Today, on the 14th, some of my fellow shareholders are cacking their pants. Why? Just how dim are you?
1390 days ago
Today we have great news from Kefi Gold & Coipper (KEFI). The Ministry of Mines in Ethiopia, not always the greatest battler for “the cause” has confirmed that Kefi has until July to secure funding for Tulu Kapi and get the project underway. I know that Harry Adams is dotting the “I”s and crossing the “t”s on the funding now and expect an announcement within the next couple of months, if not far sooner, that funding is secured. That will drive a big re-rate and I am a very happy holder for that reason. But what of the mystery of the $1 company?
1406 days ago
Shares in Kefi (KEFI) are a tad weaker today on bulletin board speculation that the Ethiopian Ministry of Mines has removed the Tulu Kapi mining license and awarded it to a recently established Hong Kong based company. Treat this as a buying opportunity for it is fake news- that is what you get from reading BBs. Here is what has happened. I have spoken to folks on the ground just now.
1635 days ago
BBMs are buzzing over another Ethiopian press article claiming that Kefi Gold & Copper (KEFI) is set to lose the Tulu Kapi license, this time on 23 June. I have corresponded with Harry Adams who says:
1659 days ago
As first reported here on Sunday, there seems to be a certain amount of argy bargy in Ethiopia which some have taken to threaten the Tulu Kapi mine owned by Kefi Gold & Copper (KEFI). Yesterday, Kefi said that it had received no letter indicating the mine was under threat but overnight a statement appeared on the website of the ministry of mining.
1661 days ago
There is a report in the Ethiopian press that Kefi Gold & Copper (KEFI) will receive a letter threatening it with the loss of its Tulu Kapi asset. The shares will slip on Monday and an RNS will be needed. I’d use that as an opportunity to average down as I have a company statement and I have also chatted at length to Harry Adams.
1691 days ago
Tuesday saw great news from Saudi Arabia from Kefi Gold & Copper (KEFI) but where was that “funding secured” in Q1 news on Tulu Kapi we were all expecting? Er… Wednesday brought a Q1 update and guess what? Yes: funding is not yet secured. To Saudi first…
1866 days ago
Kefi (KEFI) never seems to make it easy for we long suffering and loyal shareholders but on balance, the news on how it will fund the Tulu Kapi gold mine in Ethiopia is very good indeed.
3319 days ago
Brandon Hill is house broker to Kefi Minerals (KEFI) so take what it says with a pinch of salt. Having said that we too like the Tulu Kapi asset which is why at 0.375p we are very happy to own the shares. Following Kefi's recent admission of increased capex, Brandon has changed its models but still claims, in a note out today, that the shares are incredibly cheap.
3559 days ago
KEFI Minerals (KEFI) has announced that the Tulu Kapi Gold Project in Ethiopia could be expanded from the initial 115k oz pa to around 150k oz pa by developing the underground potential of the project. Broker Brandon Hill ( house to Kefi and therefore so partial as to be ignored completely) says that the market cap of c$15 million ( at 0.4p) compares to a revised NPV of Kevi's share of Tulu Kapi of $150 million.
