Takeover...now fully funded19 Feb 2026 18:13
All this negative talk....Allied (Ethiopia gold mine) recently got taken over....using similar metrics.
At $5,000 gold, KEFI’s own disclosures imply Tulu Kapi’s NPV(5) to KEFI is up to ~$1.67bn (≈11p/sh fully diluted), excluding Saudi. Add a Saudi comparable-based stake value it is many many multiples of todays share price.
This is an estimate for pre - commissioning takeover (similar to allied). Imagine the price once in production.