In a previous post having spoke to M.A. that Valinger were helping to raise money ? Yet Gummy bears post below suggest BMR no longer have any connections with Valinger ?? " We understand that Valinger has recently updated its website and erroneously included reference to past connections with BMR in a draft. Valinger has withdrawn the incorrect information from its website and apologised to BMR in respect to this error."
EIS has been delivered in the correct form with no objections from ZEMA? Public meetings happen before this can be done, Not saying info is wrong but doesn't sound right. Would give Masoud a call but he is full of sh4i so we wait
If this is correct and no reason to disbelieve . At least it gives us an idea of the best time to fill our boots up. Been on the verge of shall I shan't I . Considering everything 2p per share currently is a very cheap price. Wonder where we will be at soon if no news before April . Come on MA issue an RNS for clarity telling us all . After all us shareholders do each own a piece of the company.
"I have just spoken to a very nice gentleman at ZEMA. Here is where we are: The EIS is out for public consultation with submissions due in on March 21st. After this there is a public hearing in Kabwe on April 11th. Following this, later in April - though he would not give me the precise date- the ZEMA board will meet and give its decision..yes, no or yes with conditions....so that hopefully is clear to all and why MA could not be this specific is beyond me"
So looks like we won't hear anything for the next 2 months?
Another great find LJC.............but er, pick the bones out of all those figures! I'm seeing $641/tonne estimate at the end which looks a lot better than our DFS figures of $720/T minus market discount of 70% = $216/T at the gate price. I'm assuming the latter figure is prior to our second stage leaching process, which should improve the efficiency to bring it back up to nearer the $720/T, but I'm only guessing here.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.