The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Https://miningindaba.com/home
KEFI will be presenting at 121 Mining Investment Cape Town, South Africa, on 5 February 2024. The presentation to be delivered is available on the Company's website
https://www.kefi-goldandcopper.com/files/presentations/kefi-investor-presentation-q1-2024-4feb24.pdf I assume this is the presentation that will be given but if a new one pops up will post it up.
2 VMS Cu-Zn-Au-Ag prospects, same belt south of Hawiah 2 Au prospects in Lorelon Au-Ag-Cu Belt 1 Au prospect in Al Miyah Mineral District
Regional Investor/s via redeemable convertible loan (at KEFI's election)
The JQ feasibility study focuses on establishing the viability of starting production whilst exploration continues to expand mine life or annual output or both. • The map to the right shows the location of the recent Asfingia discovery within the Proposed Mining Licence Area, which was outlined in Blue in the map to the left.
https://orecorp.com.au/
https://www.eurasianresources.lu/en/home
https://miningindaba.com/agendas/2024-agenda
https://www.youtube.com/watch?v=m_sxwM3Ib-4
https://www.youtube.com/watch?v=v37Qo3UhEQ4
Https://www.mining.com/web/western-miners-lag-as-oil-powers-enter-race-for-africas-critical-metals/
https://gulfnews.com/business/markets/saudi-investment-boom-medina-sees-more-new-companies-1.1706861997230
https://english.aawsat.com/business/4826726-pif-leads-mining-renaissance-saudi-arabia
https://www.youtube.com/watch?v=zsxynYs0naM&list=PLE1y8hGSqr8ar1gKUdfqFDK5ygLIlrdmz&index=1 (gold and silver)
Https://www.fanabc.com/english/uk-considers-making-ethiopia-center-for-its-developing-countries-trading-scheme/
https://www.youtube.com/watch?v=v-4000nBSnQ (unlikely that US has the biggest gold reserves likely China)
https:// 72769/tom-winnifrith-bearcast-at-least-bsf-enterprises-is-honest-in-its-results-rns-but-its-shares-will-collapse-anyway
Https://goldprice.org/ gold doing well at the moment as well.
Https://www.mining.com/ivanhoe-electric-jv-kicks-off-saudi-exploration-campaign/ and the Wadi Bidah and Bir Umq belts.
Https://www.kefi-goldandcopper.com/files/announcements/kefi-jibal-qutman-gold-update-30jan24-final.pdf yeah looking at the grades and the map grades are high and have only been exploring in one third of the areas here.
Satellite deposit (Asfingia) discovered with excellent grades of up to 66.6g/t gold
· Drilling ongoing on identified 35km mineralised strike across three contiguous licences
Drilling is ongoing to define the limits of gold mineralisation and estimate a Maiden Resource at Asfingia to complement the other deposits at Jibal Qutman.
· Systematic exploration is ongoing across the 270km2 of the three contiguous Jibal Qutman Gold Exploration Licences ("EL's") to confirm structural controls on higher-grade gold mineralisation and identify further resource potential.
Previous Exploration primarily focused on an 8km section of the original Jibal Qutman EL and the full 35km mineralised strike length will now be tested.
Would not be surprised to see investment into potash mines in Ethiopia with such a large population food security always gong to be an issue Plump.
https://www.fanabc.com/english/pm-abiy-ahmed-awarded-the-prestigious-fao-agricola-medal/
https://www.fanabc.com/english/chinas-engineering-giant-cmec-keen-to-build-a-potash-fertilizer-factory-in-ethiopia/
Https://www.fanabc.com/english/giant-canadian-mining-agro-processing-companies-to-invest-in-ethiopia/
Giant Canadian companies with significant potential in the mining and agro- processing industries are currently making preparations to invest in Ethiopia, Ethiopian Ambassador to Canada, Fitsum Arega said.
With this, Allied Gold, a giant Canadian gold producing company, is expected to launch a project with an investment capital of nearly half a billion USD, he added.
According to Mining Ministry of Ethiopia, following the government’s reform over the past few years, there is growing interest of foreign companies engaging in the mines sector across the country.
"and up to 75% of costs (including both feasibility and development expenditures) potentially being provided as Shariah-compliant project loans at internationally low rates from the Saudi Industrial Development Fund."
Would help the numbers if kefi get money for DFS.
"With the current market cap here around £32 million and the upcoming catalysts from Ethiopia and Saudi Arabia, we continue to consider this a gold tip of the year from just below a 0.70p share price, and which a writer here owns shares in, to double and quite possibly much more this year. Strong Buy." extract from Hotstockrockets
HtTps://www.proactiveinvestors.co.uk/companies/news/1039187/saudi-arabia-s-182m-exploration-program-attracts-foreign-investors-like-canada-s-royal-road-minerals-1039187.html
The new mining fund for exploration possible that the moving of licences into GMCO is partially connected to that as doubt Artar would be able to apply for it themselves.
Smellyben
The answer is obvious that they still need someone to do the mining side get someone new and they would have to start from scratch with no guarantee that they would be as successful as kefi in discoveries and that partner would want a slice of the pie anyway.
Apart from Ivanhoe that has its hands full with Maaden there is no one that is a natural substitute for kefi in Saudi. A company that has been building up its knowledge of the geology an is consistently making discoveries there. Artar are applying for new areas now doubt they would have any chance of getting new areas for a couple of years if they started from scratch with a new partner who would likely want more than kefi which is why Artar is being accommodating.
Https://www.investormeetcompany.com/meetings/investor-presentation-522
Sharezy Bit more complicated question 18 Q an A tab. Guess it does show the "hunger by others to back the scheme".
Probably the worst bit is Tulu Kapi Gold Project (currently 95%-owned but planned to reduce to c.70% at finance closing) though on the plus side suggests that there is appetite for the deal amongst the other consortium members.
Looks to me that Artar are giving kefi space to launch TK and would think the UK based lender is confident.
Overall told us what we already know need to close the deal with the second lender and trigger the second set of warrents.
Production n 2026 but that's two mines and TK finance rejigged slightly for later repayment of mine finance.