Kefi Gold & Copper PLC - Saudi Arabia and Ethiopia-focused exploration and development company - Posts no revenue in 2023, unchanged from a year earlier. Pretax loss widens to £7.9 million from £6.4 million.
Says that it is looking into the benefits of a dual-listing. ‘The issue arises because, since KEFI’s IPO in 2006, the number of AIM companies has roughly halved to the end of 2023,’ Kefi says. ‘These patterns have barely changed during the first half of 2024. We are considering some alternatives and will select the route that provides the best long-term backing and alignment with key stakeholders for our mission.’
Current stock price: 0.62 pence each, closed down 1.6% on Monday in London
12-month change: flat
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