KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) executive chairman Harry Anagnostaras-Adams talked with Proactive's Stephen Gunnion after the English High Court of Justice, King’s Bench, handed down its judgement in relation to a case against the company that dismissed all claims against KEFI and awards to KEFI all of its counterclaims.
Anagnostaras-Adams described it as a significant step, allowing KEFI to fully focus on financial closing and project development.
He elaborated on the company's banking processes, noting that critical conditions have been met and approvals are being finalised. He called this phase "home-stretch territory," emphasising KEFI’s readiness to launch its high-grade, high-recovery project in Ethiopia, which had faced delays due to political and regulatory challenges.
From Saudi Arabia, the executive outlined KEFI’s role as a pioneer in recent discoveries and discussed the opportunities arising from the Future Minerals Forum. He revealed that KEFI’s Saudi operations are under strategic review, with significant interest from potential backers and buyers.
Summing up, he stated, "It’s all about implementation, de-risking, and launch now. We’re thrilled to be at this juncture."
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