Deedee16 Jan 2017 10:53
Hi Deedee – even with gold price at $1150; NPV for open pit only is $56m… Gold price at $1350; NPV will be $140m… KEFI is way undervalued…
Understand market sentiment on Ethiopia’s state of emergency etc… but the real deal here will be the finance announcement.. Once this complete, we can expect to see KEFI re-rate. Until then we need some patience here..
GLA