INTERVIEW: KEFI Minerals plc Bond Mandate Progressing Well

KEFI Minerals plc (LON:KEFI) Exective Chairman Harry Anagnostaras-Adams talks to DirectorsTalk about mandating its bond arranger for the placement of US$160 million of Listed Infrastructure Bonds. Harry explains how this fits in with the overall funding of the Tulu Kapi project, the next steps involved to complete the funding package, why there was a slight increase, the timeline for construction, ultimate goals and an update on operations in Saudi Arabia / Ethiopia.

KEFI Minerals Plc is the operator of two advanced gold development projects within the highly prospective Arabian-Nubian Shield, with an attributable 1.93Moz (100% of Tulu Kapi’s 1.72Moz and 40% of Jibal Qutman’s 0.73Moz) gold Mineral Resources (JORC 2012) plus significant resource growth potential. KEFI targets that production at these projects generates cash flows for further exploration and expansion as warranted, recoupment of development costs and, when appropriate, dividends to shareholders.

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