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An announcement from KEFI Minerals ( (GB:KEFI) ) is now available.
KEFI Gold and Copper PLC has announced significant developments in its projects, including the start of major works on the Tulu Kapi Gold Project in Ethiopia and the finalization of financing arrangements, increasing the debt capital to $240 million. The company is also conducting a strategic review of its GMCO joint venture in Saudi Arabia, focusing on development plans for key projects and potential transactions, and has updated its financial models with an estimated potential value of 11.1 pence per share, reflecting currency movements and resource valuations.
More about KEFI Minerals
KEFI Gold and Copper PLC is a gold and copper exploration and development company focused on the Arabian-Nubian Shield, with projects in Ethiopia and Saudi Arabia.
YTD Price Performance: -1.68%
Average Trading Volume: 46,330,524
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £37.35M
For an in-depth examination of KEFI stock, go to TipRanks’ Stock Analysis page.
