Member Info for Robjm66

HtTps://www.kefi-goldandcopper.com/files/announcements/kefi-investor-presentation-via_-investor-meet-company-26june23.pdf

htTps://twitter.com/InvestorMeetCo/status/1674326968945328128

htTps://www.investormeetcompany.com/

Guess it will be a very short Q and A tomorrow.

If anyone has lodged questions with kefi for the Webinar tomorrow feel free to post them up here as well.

Https://www.thereporterethiopia.com/35142/ (Ethiopia general/cross border banking)

https://www.zawya.com/en/opinion/economic-insights/saudi-arabias-great-transformation-yj9g9ymv (Saudi general/ diversification)

https://www.msn.com/en-us/money/other/dealmakers-adrift-as-1-trillion-vanishes-in-first-half-slump/ar-AA1dc47v

Meanwhile, the Middle East’s cash-rich sovereign wealth funds are still scouring the globe for acquisitions to build national champions and increase the region’s influence. Saudi Arabia’s Public Investment Fund has a deal list that covers everything from airplanes to golf stars, while Qatar Investment Authority is moving beyond its traditional hunting grounds in Europe.

“There continue to be quite a lot of M&A activities coming out from the Middle East,” said Robin Rousseau, Citigroup’s co-head of EMEA M&A. “Many of these countries are not only just interested in making financial investments, they are eager to build strategic champions.”

htTps://www.kitco.com/news/2023-06-28/KEFI-announces-positive-PFS-results-for-Hawiah-copper-gold-project-with-post-tax-IRR-of-75.html

All the without funding guff comments seem to miss several facts one Artar will have to find the most funding, Saudi is awash with money, kefi looking a dual listing,sidf loan and that Jibal Qutman will be the next mine online in saudi “We are also wrapping up a 13,000 metre programme at Jibal Qutman Gold””2022 PEA-level modelling for Jibal Qutman. Alternative development scenarios are currently being assessed prior to finalising the direction of the DFS aimed at fast-tracking development.”

Https://www.proactiveinvestors.co.uk/companies/news/1019118/kefi-gold-and-copper-to-move-forward-at-haiwah-after-positive-study-1019118.html

Https://www.arabnews.com/node/2254686/business-economy

RIYADH: The Saudi Industrial Development Fund, known as SIDF, approved 111 loans amounting to SR14 billion ($3.7 billion) in 2022 in sectors including industry, energy, mining, and logistics. ..

GMCO is already liaising with the Ministry of Industry and Mines ("MIM") and other Saudi Government regulators as regards development permitting on completion of the DFS, and also with the Saudi Industrial development Fund ("SIDF") regarding project financing. SIDF provides up to 75% of aggregate DFS and construction costs.

https://www.sidf.gov.sa/en/ServicesforInvestors/Sectors/Pages/mining.aspx

Worth emphasizing just to annoy the usual suspects coming out with the usual rubbish.

Https://www.miningweekly.com/article/junior-exploration-absolutely-critical-barricks-bristow-tells-london-indaba-2023-06-27

“Barrick also came with some copper assets, some in Saudi Arabia, for which we’ve now increased production by 50% and lowered cost, and the big Lumwana mine in Zambia, which we now have a destination for, and we believe that we’ll be able to add another 40 years to its life, nearly double its production and it’s definitely got the potential to get to five-million tonnes of contained copper.”

When Mining Weekly first interviewed Bristow in South Africa in 1995, the only assets that Randgold Resources had were exploration permits in West Africa.”

https://www.***************************/kefi-gold-and-copper-positive-assessment-of-the-pfs-for-hawiah/4121122823

“following the recent capital-raise, work is already underway on the +50,000 metre drilling programme which will complement the hawiah pfs and associated studies.

 we are also wrapping up a 13,000 metre programme at jibal qutman gold and assessing initial results from reconnaissance over the fourteen exploration licences granted in the past eighteen months to our operating joint venture company.

hawiah already ranks amongst the top three base metal projects in saudi arabia and the largest 15% vms (“volcanogenic massive sulphide”) systems globally.

gmco is already liaising with the ministry of industry and mines ("mim") and other saudi government regulators as regards development permitting on completion of the dfs, and also with the saudi industrial development fund ("sidf") regarding project financing. sidf provides up to 75% of aggregate dfs and construction costs.

Project NPV(8) of US$301 million and post-tax IRR of 75%, based on mining current Indicated and Inferred Resources, Life of Mine ("LOM") revenue of US$2.7 billion, operating cashflow of US$1.1 billion and pre-production capital expenditure of US$295 million. These estimates are based on spot gold prices as at 30 April 2023 and an assumed mining rate starting at 2 million tonnes per annum ("Mtpa") and peaking at 3 Mtpa over 10 years;

"The aggregate NPV of our three advanced projects is approximately GBP318 million or about ten times the Company's current market capitalisation,”

Ongoing drilling at Hawiah is aimed at extending planned mine life by further increasing the Mineral Resource and converting more Inferred Resources to the Indicated category.

It is notable that in gold-equivalent terms, the Hawiah resource is already larger than Tulu Kapi and Jibal Qutman combined before any further resource uplift.

The Hawiah massive sulphide deposit remains open along strike and down-plunge, 

The massive sulphides at Hawiah show evidence of being mechanically transported from the source vent structures.

VMS deposits are well understood to form in clusters, and Hawiah is no exception. A number of gossans have been identified in the areas immediately surrounding the Hawiah deposit.

Exploration commenced the nearby Al Godeyer Project in early 2022

Sorry in my defence was in a rush today as had to go shopping and other things was surprised that no one had the whole article from the newspaper plus the next page even though the next page was probably just a couple of lines on the African banks.

In the past when it was bad news in the papers you would have had every word posted up and about 200 comments.

htTps://addisfortune.news/authorities-open-doors-for-kefis-390m-gold-mine-amid-sweeping-regulatory-changes/

Https://twitter.com/kefiminerals/status/1673625278474600449/photo/1

Authorities open doors for kefi $390 gold mine amid sweeping regularity changes…

Https://www.zerohedge.com/commodities/billionaire-mine-owner-warns-copper-market-headed-train-wreck-supply-woes-emerge

https://www.mining.com/ivanhoe-electric-sets-up-jv-with-saudi-arabias-maaden/

https://www.thenationalnews.com/business/economy/2023/05/16/saudi-arabias-maaden-buys-99-stake-in-ivanhoe-electric-for-1265m/

https://www.kefi-goldandcopper.com/projects/saudi-arabia/hawiah

Well reading the the whole RNS its about ticking the ESG box in advance of TK launch however he has got a few more strings to his bow.

"Before joining EBRD, Alistair held Senior Vice President and Senior Management positions at URS Dames & Moore, where he helped develop new markets in Middle East, Eastern Europe and former Soviet Union, specialising in environmental and social due diligence of major extractive projects, corporate M&A activities, project finance and IPO support.

and Venus Minerals UK, a copper explorer in Cyprus" the other company Harry is involved in.

htTps://cyprus-mail.com/2023/06/08/parent-firm-of-cyprus-mining-company-posts-5-million-profit/

In Cyprus, Ariana is working with Venus Minerals to develop near-term and advanced copper-gold projects.

Ariana has a 58 per cent stake in Venus Minerals. It has stated that it is working with its partners at Semarang Enterprises on an IPO for Venus.

You can count to three..

10 - 8 = 2 2 smaller number than 10. 2 mines divided by two years equals one mine a year Market cap vs Nav...

HtTps://www.investormeetcompany.com/investor/dashboard

You can now submit questions through the investor meet website for kefi webinar.

Guess people and the shareprice will perk up when we hit "next final board and committee approvals".

Http://www.tradearabia.com/news/IND_410809.html (saudi mining/copper)

“Globally, about 700 million tonnes of copper has been discovered and processed. Yet, to meet the Paris climate goals in the next 25 years, the world will need to find another 700 million tonnes of copper. Innovation is key here.

According to Robert Wilt, CEO, Ma’aden: “We need five times as much aluminum and seven times as much copper. We need to produce as much copper in the next 20 years as we did in the last 150 years, and we need to find things twice as fast and process it.”

To put things in perspective with Kefi “At Ma’aden,” he said, “we need to cut down the time, from exploration to commissioning, from 20 years down to 9. And you can’t do that without significant innovation.” Kefi are looking at two producing mines with two years.

Some cobblers posts here.

TK already got a air strip and new local school and an existing road network just need another road and upgrades to the road network near the mine and connection to the grid and “Some elements of Tulu Kapi’s development commenced in Q4-2019” .

In Ethiopia:

• TKGM has already provided the following to the:

o Community: direct and indirect employment positions, school, roads, bridges, fresh water supply;

o Region: funding for the establishment of infrastructure in new host lands for resettled households.

• TKGM plans to provide the following once the project is fully launched and developed:

o Community: approximately 1,000 employment positions, scholarships and training;

o District: preferential procurement of supplies for an operation which will generate a high economic and employment multiplier effects throughout the surrounding district;

o Region: new road and electrification to be brought to Tulu Kapi; and

o Federal: largest single exporter at $250-300 million per annum at current gold prices, largest royalty payer, taxes

Anything new is part of the construction phase really.

• Principal contractors:

o for process plants in both Ethiopia and Saudi Arabia: Lycopodium

o for mining services in Ethiopia: PW Mining

Our development plan includes a fixed price, lump-sum processing plant “design and supply contract” with Lycopodium and a warranted ore processing rate of 1.9-2.1 million tonnes per annum. The plant assembly aspect of the development is planned as a reimbursable cost-based arrangement. The mining services agreement with PW Mining is a conventional schedule of rates agreement under which the African mining services specialist provides the mining equipment, systems and operators and gets paid for performing according to the KEFI/TKGM plans and directions.

https://www.kefi-goldandcopper.com/files/presentations/kefi-121-conference-presentation-may23.pdf slide 26 amongst others.

Crazy thought but how about people with questions actually sending them in for the Webinar. Though maybe not send questions about info that is already out there.

Investor Webinar

The Company will host an investor webinar at 12:00 p.m. (EEST) (10:00 a.m. (BST)) on Friday 30 June

2022 which will be accessed via: https://www.kefi-goldandcopper.com/

Shareholders are encouraged to submit questions by emailing: questions@brrmedia.co.uk. The webinar will subsequently be available on the Company's website