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KEFI Minerals ( (GB:KEFI) ) has shared an update.
KEFI Gold and Copper PLC has successfully had all legal claims against it dismissed by the English High Court of Justice, allowing the company to proceed with the financing and development of the Tulu Kapi Gold Project without legal hindrance. The resolution of these claims removes potential financial burdens and disruptions, facilitating the finalisation of financial arrangements and the commencement of Major Works. The company is advancing towards securing a $240 million loan package, and significant progress has been made in project preparations including infrastructure development, safety measures, and community liaison initiatives.
More about KEFI Minerals
KEFI Gold and Copper PLC is a gold and copper exploration and development company focused on the Arabian-Nubian Shield. The company is engaged in advancing its Tulu Kapi Gold Project in Ethiopia and aims to capitalize on the region’s rich mineral resources.
YTD Price Performance: 0.84%
Average Trading Volume: 49,277,516
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £38.31M
See more data about KEFI stock on TipRanks’ Stock Analysis page.
