bullish
83% of the way there
SUMMARY
This week, KEFI Minerals announced that it had signed an agreement with Oryx for US$135m of lease funding for Tulu Kapi. As a result, Oryx will assume c 70% of the project’s on-site capex requirements in a form of build, own, operate and transfer (BOOT) arrangement. Following full repayment of the lease, ownership will revert to KEFI.
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- 83% of the way there20 Jul 2017
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