–News Direct–
KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) executive chairman Harry Anagnostaras-Adams speaks to Thomas Warner from Proactive after the exploration and development company released its Q3 2023 Quarterly Operational Update.
Anagnostaras-Adams says that KEFI Gold and Copper have been making significant strides at its projects in Ethiopia and Saudi Arabia. The firm is actively working through the approval processes, with notable advancements in feasibility studies and early exploration results hinting at greater growth in assets than previously reported.
He says that there are "no shortcuts" and that he's "focused on delivering the business plan" in a market presenting challenges to the entire junior exploration sector. While describing progress in Ethiopia as 'grinding', he suggests progress shouldn't be downplayed with rigorous preparation essential to launching the project successfully.
In Saudi Arabia the challenge of financing awaits. Despite the share price initially reacting negatively to the quarterly update, a likely result of shareholder impatience according to Anagnostaras-Adams, he remains optimistic.
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View source version on newsdirect.com: https://newsdirect.com/news/kefi-gold-and-copper-focusing-on-delivering-the-business-plan-365575565
KEFI Gold and Copper PLC
COMTEX_442818581/2655/2023-11-02T03:59:53
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
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