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BREAKING Kefi and the mystery of the $1 company and the Ethiopian exploration storm in a teacup

Today we have great news from Kefi Gold & Copper (KEFI). The Ministry of Mines in Ethiopia, not always the greatest battler for “the cause” has confirmed that Kefi has until July to secure funding for Tulu Kapi and get the project underway. I know that Harry Adams is dotting the “I”s and crossing the “t”s on the funding now and expect an announcement within the next couple of months, if not far sooner, that funding is secured. That will drive a big re-rate and I am a very happy holder for that reason. But what of the mystery of the $1 company?


BREAKING – More Shenanigans in Ethiopia, Kefi has NOT lost Tulu Kapi

Shares in Kefi (KEFI) are a tad weaker today on bulletin board speculation that the Ethiopian Ministry of Mines has removed the Tulu Kapi mining license and awarded it to a recently established Hong Kong based company. Treat this as a buying opportunity for it is fake news- that is what you get from reading BBs. Here is what has happened. I have spoken to folks on the ground just now.


Kefi Gold & Copper – operational update, Ethiopia and Saudi Arabia project catalysts ahoy

Kefi Gold & Copper (KEFI) has made an “operational update” including that preparations continue for Tulu Kapi gold project launch with focus on satisfying all technical conditions by the end of January and preparing the community and that it is on track to update and upgrade the Mineral Resource Estimate at the Hawiah copper-gold project before the end of this year.

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