bullish

KEFI Gold and Copper - Swapping assets for cash

144 Views13 Nov 2024 19:10
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SUMMARY

This morning, KEFI Gold and Copper (KEFI) announced it is in talks with its Saudi joint venture partner, ARTAR, to exit its Saudi Arabian joint venture, G&M. The exit will remove KEFI’s obligation to pay US$10m to maintain its beneficial interest in G&M at 25% (cf 15% otherwise).

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