KEFI GOLD AND COPPER PLC

• ⚠

  Material uncertainty over going concern

  The Group and Company are reliant on securing additional funding. This funding is not guaranteed nor within the complete control of the Directors. As a result this indicates that a material uncertainty exists that may cast significant doubt on the Group and Company’s ability to continue as a going concern.

1. KEFI GOLD AND COPPER PLC 2020-08-16 → present
2. KEFI MINERALS PLC 2006-10-24 → 2020-08-16

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Group and Company are reliant on securing additional funding. This funding is not guaranteed nor within the complete control of the Directors. As a result this indicates that a material uncertainty exists that may cast significant doubt on the Group and Company’s ability to continue as a going concern.”

Group structure

1. KEFI GOLD AND COPPER PLC · parent
   1. Mediterranean Minerals (Bulgaria) EOOD 100% · Bulgaria
   2. KEFI Minerals (Ethiopia) Limited 100% · United Kingdom
   3. KEFI Minerals Marketing and Sales Cyprus Limited 100% · Cyprus
   4. Tulu Kapi Gold Mine Share Company 95% · Ethiopia

Significant events

• “During January 2025, the Company concluded a placement, issuing 933,169,817 new ordinary shares at a price of 0.55 pence per share, generating £5.1 million in proceeds.”
• “During May 2025, the Company concluded a placement, issuing 1,381,818,172 new ordinary shares at a price of 0.55 pence per share, generating £7.6 million in proceeds.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

14

last 12 months

Capital events

10

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -3.6%

  £192,000 → £185,000

• Net assets

  +25%

  £26,116,000 → £32,645,000

• Employees

  -3.3%

  60 → 58

• Operating profit

  -21.1%

  -£8,225,000 → -£9,960,000

• Profit before tax

  +33.8%

  -£7,896,000 → -£5,226,000

• Wages

  -1%

  £1,200,000 → £1,188,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers