KEFI Gold and Copper PLC · LSE:KEFI

KEFI Gold and Copper — KEFI Minerals — Investor Presentation (February 2018)

8 slides from KEFI Gold and Copper's investor presentation, February 2018

  1. Slide 1: KEFI Copper

    KEFI COPPER February 2018 Ethiopia Saudi Arabia One of the Saudi exploration gold/copper sites Strong platform of partners, contractors & management Development Ready for 140Koz lifting to 200Koz pa Gold Have pegged large VHMS systems, Copper & Gold The Ethiopian gold development site Large explorat

  2. Slide 2: Disclaimer

    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 g

  3. Slide 3: KEFI Copper in Saudi Arabia

    KEFI Copper in Saudi Arabia Held via 40%-owned JV with ARTAR Hawiah EL - gossan 6 km strike 53 trenches all return Au and Cu 2,000mX300m Geophysical target EL and ELA’s cover c.1000 sq km Wadi Bidah Mineral Belt 2 X size of Bisha Belt in Eritrea 3

  4. Slide 4: KEFI Copper in Ethiopia

    KEFI Copper in Ethiopia Held via 100%-owned KEFI Ethiopia Kata Cu/Au Past drilling BH03 14m 3.2% Cu BH04 53m 0.7% Cu Tulu Kapi Mining Licence

  5. Slide 5: Who is KEFI: Arabian-Nubian Shield Focused

    WHO IS KEFI Arabian-Nubian Shield Focused Disclaimer Well-Positioned in Pro-Development Countries Ethiopia • We have been in country 3 years. Pole position • World’s highest growth country. Co-investing partner is Government • Country’s 1st modern mine. Tulu Kapi: 140,000oz pa Au from 2020 • Distric

  6. Slide 6: Corporate Structure

    Corporate Structure Parties shaded blue are under discussion Institutions Board Public Ausdrill Lycopodium 32% 3% 60% 5% KEFI Minerals plc contract 40% c. 75% KEFI Ethiopia New Investor $20M c. 75% c. 25% 60% ARTAR Saudi JV Tulu Kapi Gold Mines Govt of Ethiopia $20M Finance SPV On-site Infrastructur

  7. Slide 7: Market Capitalisation vs Govt Entry Price, Gold NPVs & Peer Stats

    Market Capitalisation vs Govt Entry Price, Gold NPV’s & Cantor Gold Peer Stats THIS IGNORES KEFI COPPER 125 All columns show $’s for KEFI, assuming beneficial interest 55% of TK and 40% of JQ 100 75 US$M 50 25 - Current market TK value per GOE + TK OP NPV in Q4 + TK OP NPV @ + TK UG M+I + JQ M+I cap

  8. Slide 8: Thank You

    THANK YOU Local community consultation before development starts at Tulu Kapi Email: info@kefiminerals.com Website: www.kefi-minerals.com @kefiminerals KEFI Minerals plc 8

KEFI Minerals — Investor Presentation (February 2018) on 6ix