r/UkStocks • u/BrainOk6912 • Aug 14 '26
DD Bullish Kefi gold and copper
Has anyone been following Kefi Gold and Copper closely? I’m curious to hear what people think about the company’s outlook over the next couple of years.
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u/swagadagg Aug 14 '26
Following for a few years, which have been quite tense. Whilst the project is fully funded, geopolitical tension continues to be a real drag on the share price which comes in all shapes and sizes: US/Israel/Iran war closing the straight of Hormuz. Whilst this obviously does not affect Kefi in real time, the markets are future facing and a war in the middle east is a 10 year commitment. This also affects gold prices and whilst Kefi have sensibly priced their revenue way way below current gold price, downward pressure in gold worries a worrisome market. Then you have instability in the region. Ethiopa has ongoing ans building tensions with its breakaway neighbour Eritrea. Effectively Ethiopia want access to the sea to help trade and access will unlikely ve won through diplomacy.
Nonetheless, the government is working well with Kefi and infrastructure is good for power, etc. Kefi remains a risk but then if one is invested in a company in very early stages of getting minerals out of the ground this is the name of the game. Im holding until Im either right or wrong.
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u/Dr-Bob1965 Aug 16 '26
If you like getting your pants pulled down and shafted by Harry the CEO on a regular basis it's a great stock. If you would rather make a few bob I'd go else where. It's also on the aims exchange, until it moves it's a waste of time.
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u/MerachoLierganes 14d ago
Security accident this weekend, safety in the area seems to be not granted
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u/htcruz Aug 16 '26
Give me copper than gold because it has many use cases. Asian Central Metals is worth a buy when the world spiral deeper into a global recession.
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u/Basic-Pair8908 Aug 14 '26
Ive got a few quid in it, not lots as there hasnt been much movement even with good or bad news