Until BMR tells us that it's closing its doors, then we are afloat. We still have valuable assets and a ZEMA approval on the table. It may not be as bad as some of us think. Of course, we need official news to confirm just what is exactly occurring with production and so on, no more bullcrap.
Gut feeling, this isn't coming back. I've already written this off and added to my ANGM loss that's 10k in less than two years. Well done to the paid rampers, you know who you are some of you still post your titbits of private conversations of which you can't divulge the source.
Seismicboy is competely on the money!! The BMR directors via their Zambian proxy EPL have totally missed the beat. Absolutely nothing would happen without the nod from ZEMA. Why weren't they honest enough to say so instead of feediing B/S to the shareholders via rns all this time? ZEMA said OK in June. So now what's the delay - with say the copper project? And IMO somebody competent needs to seriously review the so called DFS before another cent is spent. The mining division of the Ascot group seems to comprise a bunch of unreconstructed eastern europeans without a scrap of African experience between them. Have they piloted the flowsheet they've produce? There's no statement to that effect - and there's no excuse for not having done so - they've had enough time. And in the grand scheme of things it wouldn't be an expensive execise. The entire Ascot exercise comes across as sky blue thinking based on a limited amount of backup data. Don't feel a jot of pity for the past directors, they've been asleep at the wheel. Depressing as it may seem the quicker the entire process is re-started the better. Please, just get on with it AB.
Yep, when you read through the RNS releases over the last few years, it seems, in hindsight, that we've definitely had the pee taken out of us with consistency. Our Company is still not producing, yet many investors who were there those years ago, are still here now. Perhaps because we believed in the Kabwe story and that production was just around the corner, as we were officially led to believe. Why wouldn't we Westy?
Anyway, it boils down to it being the most important time at this moment, now, for both Company and shareholders alike. The next few items of news have to be positive, and any words of action must mean action on the ground, for what will be a welcome and much needed change.
Waiting for the DFS flow sheet, a bucket of Kabwe Fried Chicken and a takeover, because I just don't see us going into production really, do you?
If we are, why hasn't our partner yet been announced? Chimes, I find it difficult to imagine that we are presently a large enough outfit to take on the task at Kabwe, without some might behind us.
Only my opinion Chimes. Also, although we are being investigated for a financial anomaly, why haven't we yet had any confirmation whatsoever of production commencing? ZEMA approval was three months ago.
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