8 days ago
Even late last night I was being assured by certain esteemed readers of this website including old Mr. Nuggetty Gold that the Tulu Kapi mine in Ethiopia would NOT be built and that Kefi Gold & Copper (KEFI) where I am a loyal shareholder was a sell at 0.6p. Today an RNS…please line up to apologise…
35 days ago
My winnings were not great but I was ahead on the spiv buy trade of Satsuma (SATS) and the cash has arrived in my SIPP. I see no point in holding cash so it has been reinvested this morning.
94 days ago
Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEPS ENDING IN ENTRIES. Twentieth up is Chris the Greek
115 days ago
There are many folks out there who are also asking whether the Pope is a Catholic. But I give Harry Adams the benefit of the doubt. Even after today’s bombshell news from the AGM, I come not to bury Harry Adams for he is an honest man. However…
175 days ago
Kefi Gold & Copper (KEFI) has issued a “Saudi Arabia Update”, noting its joint venture projects progressing in what it considers “one of the most prospective and rapidly developing mining jurisdictions globally” but to which its financial reporting currently assigns nil book value. It is though now “taking independent advice on the 'fair market value' of its 13% holding and is also in consultation with its auditors as to the appropriate carrying value on the company’s balance sheet”. But that is all balance sheet window dressing and we doubt that Mr Market will give a damn.
194 days ago
When Amaroq (AMRQ) moves from the AIM Casino to the main market its market cap means that it will go straight into the FTSE 250 Index which will mean that there may be a bit of buying by Index funds but there will certainly be buying by funds that would not buy shares in a FTSE Small Cap let alone a company on AIM. But could KEFI Gold & Copper (KEFI) also get into the FTSE 250? Do not laugh.
235 days ago
I am a loyal shareholder in Kefi Gold & Copper (KEFI), believing that the shares, now 1.77p will be 3p or more well before Christmas. With the gold price surging so should its shares be surging but if there was an Olympic sport of shooting with the target one’s own foot, Harry Adams would be taking home gold for Australia
244 days ago
The video below is partly some crazy old coot yacking on about gold and the second half is the crazy old coot chatting to Harry Adams at Kefi Gold & Copper (KEFI) who seems more relaxed than I can remember him being for years. Now allow me to dream.
247 days ago
Kefi Gold & Copper (KEFI) should be issuing an RNS. Crazed loon Magna Carta should be bringing his donkey to Wrexham right now. Tulu Kapi really is happening. The Prime Minister of Ethiopia has sent the X post below complete with pictures. We are underway. The shares, now 1.91p, are easily worth 6p on fundamentals within 2 years as I explained HERE at the weekend. Now for that RNS...
273 days ago
What does anyone care about releasing price sensitive information via RNS any more? Watching the video below at c 7 minutes 20 seconds and Harry Adams talks about how Kefi Gold & Copper (KEFI) has a new major company as a partner in Saudi Arabia. Surely one announces such matters via RNS?
283 days ago
Magna Carta, the deranged loon who told us all last year to sell our shares in Kefi Gold & Copper (KEFI) at 0.45p with a 0p target will be asking nurses at the asylum for extra meds today as the shares reach 1.32p The old fruitcake bleats loudly if we do not run a Kefi piece every day here and as I look at the value of my pension where Kefi is now my second largest holding and feel a warm glow, I note that ‘arry Adams has recorded a video interview.
303 days ago
Some folks have speculated that the royalty streaming deal agreed by Kefi Gold & Copper (KEFI) for its Tulu Kapi subsidiary is hugely expensive, perhaps costing almost $500 million. Our hard working executive chairman Mr. ‘arry “the Trougher” Adams has emailed me to put the record straight. Adams writes:
305 days ago
Magna Carta book a ticket to Wrexham for you and your donkey. Tell us when you will ride naked, backwards, through the town you certifiable old fool. Yes there is a placing from Kefi Gold & Copper (KEFI) but funding is now secured and it is all systems go at Tulu Kapi. The shares, on a risk reward basis, have never been cheaper. I may well buy more in the morning. I explain why as I number crunch.
359 days ago
Of course I refer to Lord Ashbourne, aka Charlie Gibson, who is the convicted felon. The Australian is ‘arry "trougher" Adams of Kefi Gold & Copper (KEFI). This video discusses financing close at Tulu Kapi, how there could be four or five Tulu Kapi’s within Kefi by 2030, lithium opportunities and, most convincingly, Saudi opportunities. Though not the greatest fan of either man, the video is pretty compelling. As gold heads back above $4,000 Kefi is back at 1.5p and I stand by my view that with final funding set to close within weeks the shares could well double from here by Christmas. Enjoy
368 days ago
The great day has come. Funding is secured for Tulu Kapi, Kefi Gold & Copper (KEFI) shares are cheap. And our in house loon must now, as promised, ride naked on a donkey through the streets of Wrexham.
368 days ago
There is no news from Kefi Gold & Copper (KEFI) about the final bank sign off on Tulu Kapi. Not even an update on why there is no news so natch morons on Bulletin Boards are lining up saying that old Trougher should be reported to the FCA.
378 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?
382 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?
440 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.
484 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
492 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.
495 days ago
The sort of good news first. Tulu Kapi funding should be secured and work starting in July, ish.
497 days ago
626 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.
763 days ago
1433 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?
1712 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?
1729 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.
1958 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:
1981 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.
1983 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.
2013 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…
2189 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.
3642 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.
3881 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.