After a period of uncertainty, the peaceable conclusion of the recent general election in Ethiopia should provide KEFI with the opportunity to fund Tulu Kapi in an environment in which the Ethiopian government is keen to both encourage investment and generate tax and export earnings. Since our last note on the company, we have updated our project timings, costings and funding assumptions to come up with a valuation for KEFI of 4.35p/share (cf 4.05p/share previously), based largely upon its great ....
06 Jul 2021
KEFI Gold and Copper - On the cusp
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KEFI Gold and Copper - On the cusp
KEFI Gold and Copper PLC (KEFI:LON) | 0.6 0 0.0% | Mkt Cap: 33.4m
- Published:
06 Jul 2021 -
Author:
Charles Gibson -
Pages:
21
After a period of uncertainty, the peaceable conclusion of the recent general election in Ethiopia should provide KEFI with the opportunity to fund Tulu Kapi in an environment in which the Ethiopian government is keen to both encourage investment and generate tax and export earnings. Since our last note on the company, we have updated our project timings, costings and funding assumptions to come up with a valuation for KEFI of 4.35p/share (cf 4.05p/share previously), based largely upon its great ....