KEFI Gold and Copper PLC · LSE:KEFI
KEFI Gold and Copper — KEFI Minerals — Investor Presentation (November 2015)
11 slides from KEFI Gold and Copper's investor presentation, November 2015
Slide 1: Tulu Kapi Gold Project: Ethiopia's Introduction to the Mining Capital Markets
Tulu Kapi Gold Project Ethiopia's Introduction to the Mining Capital Markets Harry Anagnostaras-Adams, Executive Chairman November 2015
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: Ethiopia
ETHIOPIA Socio-economic strength • 93M people in a fertile country the size of France + Spain, about half the size of W. Australia • Stable, never colonised base of African Union and UN Economic Commission for North Africa • One of only two countries to satisfy the United Nations Millenium Developme
Slide 4: Tulu Kapi Gold Project: First Movers
TULU KAPI GOLD PROJECT: FIRST MOVERS A PARTNERSHIP OF KEFI AND THE GOVT OF ETHIOPIA Ethiopia’s dynamic economy: GDP grew by 7-10% p.a. over the past 15 years Gold mining prioritised and KEFI paving the way as the first major mine development Tulu Kapi is intended to provide dividends to shareholders
Slide 5: KEFI Has Established a Strong Platform for the Prospective Arabian-Nubian Shield
KEFI HAS ESTABLISHED A STRONG PLATFORM FOR THE PROSPECTIVE ARABIAN-NUBIAN SHIELD (‘ANS’) Focused on cash flow and discovery in the ANS ANS to deliver similar results to Australia • ANS similar geology to world-class gold district of Australia • Limited modern exploration provides opportunity for dis
Slide 6: Mining Agreement Fully Permits the Project and Protects the Fiscal Regime
MINING AGREEMENT FULLY PERMITS THE PROJECT AND PROTECTS THE FISCAL REGIME FOR LIFE OF MINE • Mining Agreement includes: o Fiscal arrangements: income tax rate for mining of 25%, royalty of 7%, entitlement to deduct historical and future capital expenditure, and 5% Government free-carried interest. S
Slide 7: Minimised Capex & Opex for More Robust Economics
MINIMISED CAPEX & OPEX FOR MORE ROBUST ECONOMICS EXTENSIVELY OVERHAULED THE PLAN FOR TULU KAPI Operational • Indicated resource from 1.1Moz to 1.7Moz • 1Moz reserve grade from 1.8g/t to 2.1g/t • Selective mining reduced 160Mt to 129Mt 2013 • Produce 980Koz in 8 yrs not 920Koz in 9 yrs • Mining & pro
Slide 8: Experienced Development Team
EXPERIENCED DEVELOPMENT TEAM Wayne Nicoletto Kebede Belete KEFI Minerals Ethiopia Managing Director, and Country Manager Ethiopia Group Head of Operations Geologist (PhD, Austria; MPhil, UK; BSc, Ethiopia). 30 years as a metallurgist, general manager and Over 25 years of experience as Exploration Ma
Slide 9: Strong Independent Sign-offs for DFS plus Micon and Environ as Banks' ITC
STRONG INDEPENDENT SIGN-OFFS FOR DFS PLUS MICON AND ENVIRON AS BANKS’ ITC SENET SNOWDEN Ore Processing and Assembly of 2015 DFS Mineral Resources and Ore Reserves EPOCH CUBE CONSULTING Tailings Management Grade control and Optimisation GOLDER ENDEAVOUR FINANCIAL Environmental and Social Impact Proje
Slide 10: Tulu Kapi's Overhaul Timetable
TULU KAPI’S OVERHAUL TIMETABLE Completed Govt confirmed acquisition of intended project remaining 25% equity investment Acquired 75% of Tulu Independently signed Commence detailed Kapi and set out revised off overhauled DFS engineering and local development strategy and triggered review procurement
Slide 11: Contacts
CONTACTS Harry Anagnostaras-Adams, Executive Chairman Mobile: +357 99457843 Jeff Rayner, Exploration Director Wayne Nicoletto, Head of Operations England - Registered office Cyprus - Group corporate team Ethiopia - Development and exploration teams Saudi Arabia - Exploration team Turkey - Support Em
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