As we promised - though naturally, the Bulletin Board geniuses knew better - Kefi Gold & Copper (KEFI) has announced a funding Umbrella Agreement, which sets out a full package, covering historical and budgeted future expenditure. This has helped the shares up more than 33%, to 0.71p.
Kefi Gold & Copper (KEFI) has issued an announcement stating that it notes recent local press reports inaccurately referring to a loss of the company's Tulu Kapi licence in Ethiopia and that it is instead confident of the signing of an umbrella funding agreement by the end of this month.
A reader emails about Kefi Gold & Copper (KEFI): "you see how serious, if true, the situation is? So, don’t suppose you can get a response from HAA, since... without clarity before the markets open, shares will collapse 100%".
Kefi Gold & Copper (KEFI) has served up another update on Saudi Arabia, saying that it is looking to develop Jibal Qutman next year and then Hawiah “shortly afterwards”.
Kefi Gold & Copper (KEFI) has issued an “Ethiopia Development Update”-titled announcement, with Executive Chairman Harry Adams emphasising that the company has significant momentum as it progresses three advanced projects. Then again he recently considered yet another placing ‘pleasing’, so what is the “significant momentum”?
Kefi Gold & Copper (KEFI) has announced calendar year 2021 results and emphasises now a “focus on a sequential development path to build a mid-tier mining company with aggregate annual production of 365,000 ounces of gold and gold equivalent, in which KEFI will have a beneficial interest of 187,000 ounces of gold and gold equivalent”.
Kefi Gold & Copper (KEFI) has announced recent advancement toward multi-party financing, as well as further development of the Tulu Kapi gold project in Ethiopia.
Kefi Gold and Copper (KEFI) has announced further drill results and news from Saudi Arabia.
