RE: BREAKOUT to 2.5p confirmed9 Jul 2020 14:02
Consolidating nicely a higher levels before the obvious push to the 2-3p range after Saudi news.
Those saying they're doubting finance - no problem, wait until the finance RNS comes through and pay your 4-7p per share then.
KEFI is timed to be significantly higher than its current 25mil mcap.
Tulu Kapi Project Economics
From a gold price-risk viewpoint, the development and finance plans withstand a flat gold price for the next ten years of c. US$1,100/oz - which approximates the lowest gold price experienced in over ten years. The average gold price for the past ten years was US$1,365/oz.
At the current gold price of circa US$1,700/oz, KEFI estimates:
· net cash flow of the open pit mine to be US$481 million; and
· the Definitive Feasibility Study ("DFS") based NPV of the open pit (US$300 million) added to that of the PEA-based NPV of the underground mine (US$110 million), totals to the aggregate Project NPV at 8% of US$411 million. NPV's are on after-tax cash net cash flows as at today.
I highly recommend reading the presentations on the website around TK.
Dyor