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Kefi Minerals

  • BY: Andrew Hore |
  • POSTED: 18/08/2014 |

Kefi Minerals has published a 1.9 million ounce JORC resource for the Tulu Kapi gold project. 

The majority of the resource can be mined via open pit. A revised mine plan and estimated costs will be produced in the autumn. A mining licence can then be applied for and development of the project could commence next year.

House broker finnCap has a heavily risked 5.6p a share target price for Kefi. At 1.65p a share, Kefi is valued at £16.7m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFAugust2014_59.pdf

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