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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kefi Gold And Copper Plc | LSE:KEFI | London | Ordinary Share | GB00BD8GP619 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.013 | -2.44% | 0.519 | 0.512 | 0.526 | 0.53 | 0.52 | 0.53 | 19,739,032 | 16:35:27 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Metal Mining Services | 0 | -7.9M | -0.0010 | -5.30 | 42.46M |
By Joe Hoppe
KEFI Gold & Copper PLC said Monday that the Ethiopian Ministry of Mines has granted it until July 8 to achieve project financing and launch commitments for its Tulu Kapi gold project.
The AIM-listed mining company also said that the civil war has abated after reaching a peak at the end of December, and the state of emergency has been lifted. It plans to restart project development activities that were suspended in 2021 as a precautionary measure due to the security situation.
"To have turned the corner in Ethiopia at the same time as our Saudi venture is taking off makes for a very promising 2022," Executive Chairman Harry Anagnostaras-Adams said.
Shares at 0848 GMT were up 0.04 pence, or 5%, at 0.75 pence.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
February 14, 2022 04:16 ET (09:16 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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