KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) chief executive Harry Adams says “one has to pinch oneself” as the company has “pivoted from being one project sort of stuck in the mud last year to being three projects on the go” as confirmed in its market update today.
Joining Proactive London to talk through the company’s latest statement and what’s due to happen next, Adams reminds that project financing for the Tulu Kapi gold joint venture in Ethiopia was heading for financial close last year before everyone civil war erupted in part of the country.
But with the lifting of a state of emergency earlier this year, he explains how the 12 parties are now “pushing ahead and everybody wants it to go forward and everybody's lining up to sign.”
Adams also explains more about two projects that have “come to life as economic propositions for development forthwith” in Saudi Arabia.