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Pin to quick picksKefi Gold Share News (KEFI)

Share Price Information for Kefi Gold (KEFI)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 0.72
Bid: 0.722
Ask: 0.74
Change: 0.00 (0.00%)
Spread: 0.018 (2.493%)
Open: 0.72
High: 0.736
Low: 0.712
Prev. Close: 0.72
KEFI Live PriceLast checked at -

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AIM WINNERS & LOSERS: Ocean Harvest falls as loss widens

Tue, 12th Sep 2023 10:44

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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AIM - WINNERS

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Kefi Gold & Copper PLC, up 8.9% at 0.69 pence, 12-month range 0.51p-1.23p. The Ethiopia-focused gold and copper company says the National Bank of Ethiopia has published a new directive which satisfies the request made to ensure conformity with the specific detail of its Tulu Kapi gold project in western Ethiopia. It says the NBE directive was published on Friday last week and marks one of the final action points remaining towards completion of the financing of Tulu Kapi. Further announcements will be made in "due course", Kefi Gold & Copper says, as it remains on track for project launch in the fourth quarter of 2023.

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Oracle Power PLC, up 8.6% at 0.095p, 12-month range 0.080p-0.30p. The energy projects developer says it completed a technical and commercial feasibility study for its green hydrogen and green ammonia project in Pakistan. It is targeting a 400 megawatt capacity green hydrogen production facility with annual production of 55,000 tonnes of green hydrogen at the project located in southern Pakistan. It expects the project, which is being developed by joint venture firm Oracle Energy Ltd, to deploy 700 megawatts of solar power and 500 megawatts of wind power to produce green hydrogen.

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AIM - LOSERS

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Ocean Harvest Technology Group PLC, down 15% at 12.17p, 12-month range 12.00p-27.00p. The producer of seaweed ingredients for animal feed reports that revenue rises to EUR1.8 million from EUR1.2 million a year ago. However, pretax loss widens to EUR2.2 million from EUR1.3 million. "At our maiden set of interim results I am pleased to say that OHT has begun to deliver on its objectives set out at its IPO in April. We are continuing to strengthen our global sales team and build out our supply chain," says CEO Mark Williams.

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By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
9 Jun 2023 16:14

IN BRIEF: Kefi Gold & Copper widens loss; notes more positive backdrop

Kefi Gold & Copper PLC - Ethiopia and Saudi Arabia-focused gold and copper explorer and developer - Posts a pretax loss of GBP6.4 million in 2022, widening from GBP4.9 million in 2021. Widened loss comes as company records a GBP2.8 million loss from a jointly controlled entity, compared to no such loss the year prior. Records no revenue, unchanged from a year prior. Notes that working environment in Ethiopia and Saudi Arabia "transformed for the better" during the year. "We now enjoy highly supportive mine-regulatory working environments in both countries which are also prioritising projects like ours across all the relevant Government agencies. Given that we have three advancing potential development projects in these jurisdictions, the company is now in a much better risk/return position than it has ever been," the company says.

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31 May 2023 12:16

IN BRIEF: Kefi Gold & Copper raises GBP244,000 in retail share offer

Kefi Gold & Copper PLC - gold exploration and development in Ethiopia and Saudi Arabia - Raises GBP243,741 via a retail share offer, with orders for 34.8 million shares at a placing price of 0.7 pence each. In total, wider capital raise now expected to total GBP6.4 million, including GBP5.5 million share placing and GBP700,000 subscription at same price.

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3 Apr 2023 18:05

TRADING UPDATES: Redx confirms Jounce deal lapses, Tirupati seals deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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22 Mar 2023 14:54

Kefi Gold makes significant progress in Ethiopia, Saudi Arabia

(Sharecast News) - Gold and copper explorer and developer Kefi reported significant progress in Saudi Arabia in an update on Wednesday, as well as the agreeing in-principle of the Tulu Kapi Gold finance package of $390m.

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3 Feb 2023 16:30

TRADING UPDATES: Altona extends repayment; Kefi advances Saudi Arabia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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1 Feb 2023 16:49

TRADING UPDATES: Atlantic ups estimate; Kefi to list in Saudi Arabia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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1 Feb 2023 16:48

TRADING UPDATES: Atlantic ups estimate; Kefi to list in Saudi Arabia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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23 Jan 2023 22:00

TRADING UPDATES: CyanConnode to raise funds; Pure Gold cancels listing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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11 Jan 2023 09:30

CORRECT: Getech signs deal; AfriTin confirms name change

(Corrects that Zenith Energy is based in Canada, not in Scotland.)

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10 Jan 2023 21:34

TRADING UPDATES: Getech signs deal; AfriTin confirms name change

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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10 Jan 2023 15:43

Kefi joint venture awarded five more Saudi licences

(Sharecast News) - Copper explorer and developer Kefi announced the award of five additional exploration licences through its Gold and Minerals Limited (GMCO) joint venture in Saudi Arabia on Tuesday.

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21 Nov 2022 21:39

TRADING UPDATES: VSA Capital backs outlook; Zephyr starts drilling

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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3 Nov 2022 20:57

TRADING UPDATES: Braemar launches gas desk; Aterian hails Azrar finds

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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25 Oct 2022 14:53

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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20 Oct 2022 21:56

TRADING UPDATES: Fiske swings to loss; Nanoco sees loss widen

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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