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KEFI Gold and Copper: Edison

10:34, 13th November 2024
Edison Investment Research
Company Broker Research
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Metals and mining - AIM - Mcap: £37m - Price: 0.62p - Update

KEFI GOLD AND COPPER

SWAPPING ASSETS FOR CASH

This morning, KEFI Gold and Copper (KEFI Follow | KEFI) announced it is in talks with its Saudi joint venture partner, ARTAR, to exit its Saudi Arabian joint venture, G&M. The exit will remove KEFI’s obligation to pay US$10m to maintain its beneficial interest in G&M at 25% (cf 15% otherwise).
 

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