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Pin to quick picksKefi Gold Share News (KEFI)

Share Price Information for Kefi Gold (KEFI)

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Share Price: 2.115
Bid: 2.085
Ask: 2.16
Change: 0.085 (4.17%)
Spread: 0.075 (3.60%)
Open: 2.045
High: 2.155
Low: 2.04
Yest. Close: 2.0375
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IN BRIEF: KEFI Brings In Full Consortium For Funding Tulu Kapi Project

Thu, 22nd Oct 2020 16:22

KEFI Gold & Copper PLC- gold explorer in Ethiopia and Saudi Arabia - Assembles full consortium for USD221 million funding package for Tulu Kapi gold project in Ethiopia, comprising government partners, African banks, African specialist investors and contractors.

As a result, KEFI's ownership in the project is expected to rise to 65% to 45%, while first production remains on-track for the fourth quarter of 2022, aiming to lift average gold production to 190,000 ounce per annum from 140,000 ounces.

Current stock price: 2.28 pence

Year-to-date change: up 90%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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