RE: Yes I use Google AI for research2 Dec 2025 14:38
AI just tells you what you want it to muppet!
See:
Kefis Tulu Kapi is considered a great investment due to its high-margin potential, driven by a high-grade gold deposit with low production costs, and its strong financial and operational backing. The project has secured significant financing, is being developed in compliance with international standards, and benefits from the government's strategic involvement and support, positioning it to capitalize on high current gold prices.
Financial and operational highlights
High-grade and low-cost production: The deposit is high-grade with free-milling ore, leading to an estimated all-in sustaining cost of about $1,000 per ounce or less, making it a high-margin business, especially at current gold prices.
Strong financial backing: The project has secured $240 million in debt financing, a significant milestone for development, and is backed by a consortium of international and local partners.
Compelling financial projections: At a gold price of $3,000 per ounce, the project anticipates a substantial net operating cash flow in the first year and a total cash flow between $1.1 billion and $1.6 billion over the life of the mine.
Strategic government partnership: The Ethiopian government is a 15% shareholder, which helps ensure a supportive regulatory environment and government buy-in for the project.