RE: NPV of 12.9p/share valuation8 Apr 2022 09:46
Thanks Folks.
Appreciated.
Nice paragraph that caught my eye:
KEFI has an estimated NPV of 12.9p/share, based on the attributable values of the three
projects, and a gold price of US$1,830/oz. A portfolio of six other companies with gold
development projects in Africa, and with similar gold price assumptions, currently trades at
43% of NPV. Valuing KEFI in line with peers would suggest a valuation of 5.5p/share. The
market is currently KEFI at just 6% of NPV. On this basis, KEFI is arguably one of the
most undervalued gold developers, anywhere.