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Kefi Gold & Copper – exploration licence tender win further enhances potential value from Saudi Arabia

By HotStockRockets | Saturday 22 March 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.


Steve Moore writes: Kefi Gold & Copper (KEFI) has announced that its, currently 15%-owned, joint venture in Saudi Arabia is a 50:50 part of the winning tender for the 910km2 Al Hajar North Exploration Licence after being “selected from 18 multi-billion-dollar groups that participated in the tenders for five mineralised belts”. This should bode further well for the end-result of Kefi “currently engaging with a number of parties with a view… to potentially replace Kefi’s position” in the company’s overall Saudi Arabia joint venture.

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