Analysguiden: Looking for a golden exit
Kopy Goldfields is raising capital to prepare for a possible divestment of its share in the Krasny project. Recent progress in the projects, a low subscription price and the prospect for a near-term divestment are factors supportive to the case.Following exploration results in 2017 and 2018, gold resources in Kopy Goldfields’ flag ship project Krasny have increased by 32 percent to 1,84 Moz. Kopy Goldfields and Russian Partner GV Gold have agreed on a budget to finance a sale process for the project for marketing to external buyers. We believe this is constructive news, as the path forward