RE: KEFI: Real Assets, Real Financing, Real Upside—Not Just Hype25 Oct 2025 12:40
"gold and minerals building significant scale in saudi arabia: resource upgrades, new licence areas, and a jv with han**** prospecting, all announced earlier this year, reaffirm gmco’s progress in building a substantial minerals business. one of gmco’s immediate priorities is to prepare jibal qutman for stage 1 development focusing on the oxides. broadly,
this could generate production of more than 40,000 oz gold pa, and ebitda at current gold prices of more than us$100m pa.
gmco has total resources estimated at 3.8moz au and aueq. yet none of jibal qutman,hawiah or al hajar have been fully explored. nor have other prospects such as those along the lorelon gold belt yet been tested. very substantial resource upside potential remains."