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Kefi Gold & Copper – Saudi Arabia projects mineral resource increase, ahead of potentially upcoming monetisation Strong Buy

By HotStockRockets | Thursday 20 February 2025


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 a “Increases to Mineral Resource Estimates at Hawiah”-titled announcement including that “the recently granted Umm Hijlan Exploration Licence, adjoining the original Hawiah EL which hosts the MRE reported herein, has already been demonstrated to contain the southern strike continuation of the main Hawiah volcanic massive sulphide system” and that it “is continuing to progress the strategic review of its GMCO holding… has made it clear that the priority for its capital is to now optimise shareholder value via majority-owned projects”. With Hawiah part of the company’s currently just 15%-owned GMCO venture in Saudi Arabia, this latest news further useful for an upcoming monetisation of the venture by Kefi?
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