KEFI Gold and Copper PLC · LSE:KEFI
KEFI Gold and Copper — KEFI Minerals — Investor Presentation (July 2020)
20 slides from KEFI Gold and Copper's investor presentation, Jul 16, 2020
Slide 1: Pole Position in Highly Prospective Arabian Nubian Shield
Pole Position in Highly Prospective Arabian Nubian Shield Focused on Progressive Ethiopia and Saudi Arabia • Tulu Kapi Gold Mine in Ethiopia started long-lead development Q1-20 • Targeting 140 K oz p.a. for 8 years from 2022, lifting to 200 K oz p.a • H2-20 Milestones: full funding Tulu Kapi Au and
Slide 2: Disclaimer
The information contained in this document (“Presentation”) has been prepared by KEFI Minerals plc (the “Company”). While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have g
Slide 3: Corporate Overview
Corporate Overview Summary Summary (1) • KEFI was until recently grass roots explorer and is now an explorer, AIM code KEFI developer and hands-on operator of mining joint ventures with Share price - 12 mth .6p (low)/2.2p (high) influential and strong local partners in the Arabian Nubian Shield. Sha
Slide 4: Minerals Sectors Growing in the Arabian Nubian Shield
Minerals Sectors Growing in the Arabian Nubian Shield - and now especially in Ethiopia and Saudi Arabia • Notable start-ups of the past decade in the Arabian Nubian Shield: o Egypt: Sukari 13M oz gold (US$23B in-situ) Mineral Resources and 500K oz pa (16 t pa) production (Centamin) o Sudan: artisina
Slide 5: KEFI Financing Structure
KEFI Financing Structure Maximising Local Partnership Senior Banks Appointed Last Brick in the Wall is Next…Subordinated Debt/Offtake KEFI Minerals plc 34% 80-100% 0-20% Private G&M KEFI Ethiopia Equity/Sub-debt** Saudi Arabia $91M 66% 56% * 22% * Artar Tula Kapi Gold Saudi Arabia Mines (TKGM) 22% *
Slide 6: Ethiopian Projects
Ethiopian Projects View a video summarising KEFI’s projects in Ethiopia here 6
Slide 7: Ethiopia's Tulu Kapi Gold Project
Ethiopia’s Tulu Kapi Gold Project Tulu Kapi is the only ‘ready to start’ industrial-scale mining project. The first development for decades. Located in largest gold district. Gold mining since Queen of Sheba. In a quiet coffee-growing district, away from any security hot-spots. Tulu Kapi has no arti
Slide 8: Tulu Kapi's Underground Potential
Tulu Kapi’s Underground Potential View looking East 8
Slide 9: Independent Validation
Independent Validation Due Diligence Financial Model Environmental & Social Bankable Open Pit (JORC 2012) Definitive Feasibility Study • Ore Reserve 1.0M oz (15M t at 2.1g/t) • 91-94% recovery Resources & • DFS Annual production 140,000 oz pa Reserves • AISC US$800-900/oz • EBITDA ~ US$79-128M @ $14
Slide 10: The pace of change in Ethiopia since Dr Abiy Ahmed
The pace of change in Ethiopia has been so fast since Dr Abiy Ahmed became Prime Minister it is almost like observing a different country – BBC BBC: The reforms he has introduced were unthinkable not so long ago. The (previous) government seemed impervious to criticism from human rights groups that
Slide 11: Thank You
THANK YOU Community consultation before development starts at Tulu Kapi Email: info@kefiminerals.com Website: www.kefi-minerals.com @kefiminerals KEFI Minerals plc 11
Slide 12: Hawiah Discovery
Hawiah Discovery Copper-zinc-gold-silver VMS deposit Saudi Arabia 12
Slide 13: KEFI in Saudi Arabia: A leading explorer
KEFI in Saudi Arabia A leading explorer ARTAR Partnership – Gold and Minerals Ltd (G&M) Joint Venture • KEFI has been active in Saudi Arabia since 2008 and is partnered with ARTAR, a leading locally owned industrial group • Saudi Arabia is instituting policies to encourage minerals exploration and d
Slide 14: Why Saudi Arabia Now?
Why Saudi Arabia Now? ArabNews 10 June 2020: New mining proclamation. The Saudi Cabinet on Tuesday approved a new mining investment law that aims to revolutionize the Kingdom’s mining and metals industry, and boost local and foreign investments in the sector. The new law will facilitate the establis
Slide 15: Long Section Looking East
Long Section Looking East Long section showing extent of VMS mineralisation as currently identified and defined 15
Slide 16: Cross Sections Looking North Showing Good Correlation between Holes
Cross Sections Looking North Showing Good Correlation between Holes Camp Lode Crossroads Lode 16
Slide 17: Drill Core Logging and SGS Core Shed
Drill Core Logging and SGS Core Shed 17
Slide 18: Hawiah ridge line with drill rig in background
Hawiah ridge line with drill rig in background Email: info@kefiminerals.com @kefiminerals KEFI Minerals plc Website: www.kefi-minerals.com 18
Slide 19: KEFI's Board of Directors
KEFI’s Board of Directors Harry Anagnostaras-Adams – Executive Chair – B. Comm, MBA, Fellow of Australian Institutes of Management & Company Directors Harry was founder or co-founder of Citicorp Capital Investors Australia, investment company Pilatus Capital, Australian Gold Council, EMED Mining, KE
Slide 20: KEFI's Senior Management
KEFI’s Senior Management Executive Chairman and Finance Director Plus…. David Munro - Operations Eddy Solbrandt – People & Systems Brian Hosking – Planning & Exploration Norman Green – Development David began his career as a mining engineer in Eddy began his career in the mining industry in Brian be