KEFI Gold and Copper PLC · LSE:KEFI
KEFI Gold and Copper — KEFI Minerals — Mining Indaba 2019
15 slides from KEFI Gold and Copper's conference presentation, February 2019
Slide 1: First Mover In Ethiopia - Africa's Highest Growth Country
First Mover In Ethiopia - Africa’s Highest Growth Country Capetown February 2019 • Tulu Kapi Gold development targeted to be triggered this quarter • Production 24 months later at average 140 K oz p.a. • Potential uplift to 200 K oz p.a. from underground • Project equity fully committed, debt-financ
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
Slide 3: Corporate Overview
Corporate Overview Summary Summary (1) AIM code KEFI Arabian-Nubian Shield since 2008. Made a discovery & an acquisition Share price - 12 mth 1.25p (low)/4.70 (high) Market Cap £11M. Planned 50.1% beneficial interest in Tulu Kapi has Share price (1/2/2019) 1.9p NPV £44M now and £73M at start of
Slide 4: It has started happening in the Arabian Nubian Shield - and now for Ethiopia
It has started happening in the Arabian Nubian Shield - and now for Ethiopia • Notable achievements in past decade: Centamin’s 13M oz gold Mineral Resources and 500K oz pa (16 t pa) production in Egypt, Sudanese artisinal gold production lifting gold exports from < 10 t in 2008 to > 100 t in 2018, m
Slide 5: Strong Social Licence
Strong Social Licence Drilling at Tulu Kapi Community wants Tulu Kapi’s development to start now. Authorities are ensuring everyone ready Base line surveys have just been completed for social and environmental data - There are no artisanal workings at Tulu Kapi because of the microscopic nature of t
Slide 6: Financing Structure
Financing Structure Institutions Board/Management/Contractors Public Bond Holders 30% 15% 55% $160M bonds Principal and Interest Payments 60% 40% 100% Finance SPV Artar G&M KEFI Minerals On-Site Saudi Arabia Saudi Arabia plc Cost Overrun Guarantee Infrastructure 100% KEFI Ethiopia Past $60M equity A
Slide 7: TKGM and Community
TKGM and Community Local community consultation before development starts at Tulu Kapi 7
Slide 8: Ethiopia - Opportunities for Satellite Deposits
Ethiopia - Opportunities for Satellite Deposits District Exploration Opportunities KEFI can quickly add to Tulu Kapi open-pit gold production by developing: • Potential for oxide ore in a series of shallow open-pits (40m depth) along the more than 9km of Komto-Guji Belt, all within trucking distance
Slide 9: Large Walk-Up VMS Target Hawiah Exploration Licence in Saudi Arabia
Large Walk-Up VMS Target Hawiah Exploration Licence in Saudi Arabia KEFI has Hawiah and other ELAs in the Wadi Bidah Belt which cover cumulative +12km of gold gossans on 24 VMS systems BRGM drilling in 1980’s on the gossans total 1.2Mt at 6.4g/t Au for 254koz contained gold 2km long, 300m from surfa
Slide 10: Saudi Arabia - 24 VMS Targets in the Wadi Bidah Belt
Saudi Arabia- 24 VMS Targets in the Wadi Bidah Belt Comparison of 120km long Wadi Bidah Mineral District vs. the Bisha VMS Belt in Eritrea (right) (same scale). G&M JV (via ARTAR) has registered applications for most of Wadi Bidah Minerals District 04/02/2019 10
Slide 11: KEFI Directors
KEFI Directors Mark Wellesley-Wood, Non-Executive Chair, Chair Technical Review Committee – BEng (Mining) Mark is a mining engineer, with over 40 years’ experience in both the mining industry and investment banking. He has been closely involved in mining activities in Africa, having started his care
Slide 12: KEFI Senior Management
KEFI Senior Management Managing Director and Finance Director, Plus…. David Munro - Operations Eddy Solbrandt - Systems Brian Hosking - Planning Norman Green – Development David began his career as a mining engineer in Eddy began his career in the mining Brian began his career as a geologist Norman
Slide 13: The mining fleet and operations will be provided by Ausdrill/African Mining Services
The mining fleet and operations will be provided by Ausdrill/African Mining Services Planning and Control by KEFI/TKGM Ausdrill / African Mining Services has developed a mainly African based business over a 27 year period where 97% of employees are nationals. It currently conducts mining operations
Slide 14: Lycopodium process plant construction contractor
LYCOPODIUM process plant construction contractor Lycopodium is mainly African-based, having built 57 gold plants and worked in over 20 African countries over a period of over 20 years. It has also worked in Australia, Asia and Europe Lycopodium will be co-ordinated and controlled by KEFI/TKGM 14
Slide 15: Thank You
THANK YOU Email: info@kefiminerals.com Website: www.kefi-minerals.com @kefiminerals KEFI Minerals plc 15