...very little as it seems. With 4 RNS within 6 working days of each other - none suggesting doom and gloom - the SP has not breached the 6p mark, never mind got near the 7p warrant price. I saw a couple of posts whilst away but on a tiny smartphone screen - well it looked tiny without my glasses!!
So from the RNS almost 1 year ago:-7Approval will be sought in the form of an Environmental Project Brief ("EPB") which ***"involves a separate and less onerous application process"*** than an Environmental Impact Study. The Directors expect that this submission will be made by early November with approval being granted by the end of the calendar year. ***In the event that ZEMA approval is given***, BMR intends to commence local sales of WKS, which would involve limited costs and could realise modest but meaningful revenues over several years. Disposing of the WKS in this manner would also provide an elegant solution to environmental issues associated therewith. Alex Borrelli, CEO and Chairman of BMR, commented: "We are pleased to note this significant opportunity to realise cash from the Waelz Kiln **** which we could not otherwise process easily and in an environmentally advantageous manner. We therefore anticipate BMR generating revenue next year, following receipt of ZEMA approval, from both the processing of Wash Plant Tailings and the Waelz Kiln ****"
Note the type inside the *** - the latter comment appears to me to suggest they were not certain of approval, though that is open for interpretation either way.
I did like the comment of modest but meaningful revenues over several years.
Cheers all and I hope that today will bring us something we did not expect.
He was talking to the man in the back room wearing the Ali Baba slippers. he has been known to forget his lines or in stressful circumstances use the odd hyperbole. He used to write a column in UK Zambians, his use of the poetic license was withdrawn after writing a column about Elvis sining in a Chingola mine shaft. Funny thing was they sold 50,000 tickets to the locals. Apparently due to a ghostly cold he was unable to make an appearance. BTW that would be nearly $300 a tonne and Ali Baba was advertising our dump material on Alibaba about 6 years ago at $150 a tonne. If we got $5m net I would be shocked.
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