RE: Head start....18 Jan 2024 14:51
Copies from a Dec 2020 RNS:
"KEFI in the Kingdom of Saudi Arabia
In 2009, KEFI formed G&M in Saudi Arabia with local Saudi partner, ARTAR, to explore for gold and associated metals in the Arabian-Nubian Shield. KEFI has a 34% interest in G&M and is the operating partner."
So, if I'm not wrong, our stake in Saudi has dropped from at least 34% to 25% as we give up equity in place of cash?
I expect to make money here, but the pot of copper/gold seems to get smaller each month.
I've only got C. £7k in my ISA these days, but who knows what it might become in the years ahead?
GLA