Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Kefi Gold & Copper (KEFI) has issued an update on its joint venture in Saudi Arabia, including that it is set to accept dilution to 15% from 25% to remove its outstanding exploration liabilities and that “strategic review” options being evaluated include the potential sale of its residual shareholding. What about this from a 0.60p share price, £36.4 million market cap, valuation of Kefi?
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