I wanted to get data stamped question posed to the company should the need arise.
I gave a simple question to answer and it was glossed over. Yes an answer, however, not detailed. They now know at least one investor has asked the question as to whether the information contained on the website is valid or otherwise. Should it not be and it remains, there may be some mileage, though doubtful.
I was certainly not expecting a straightforward answer so I was not perturbed by the response, at least I got one, whether genuinely signed off by AB or not.
Still nothing to be found by means of google and other searches to suggest anything elliptical!!
I have very little knowledge on Z&L tailings processing, I have been looking at purely human behaviour or should I say how I hope some of the human beings working at BMR should have behaved.
I do agree that a new bod will only want to look at present situation & future, they may look back if money can be recovered, that was to occur, then they are already off on a very good new footing.
The only good reason I saw for a small copper project at Kabwe, was get some local people employed & as long it was profitable, the profit will have off set some of the running costs of BMR. A important undisclosed event was the reason for the scatter gun approach, especially the flurry of copper JVA. The sums of money mentioned as obligation & commitments do not make sense,only if he thought he had firm backer/funding, could he thought it was good endeavour. If he had the means & a capable team to profitably carry out all the projects,he would have gained a lot of acclaim & deserved it imho.
Good effort,not ill thoughts or criticism towards you,but I did not expect very much. One, they have already stated investigation not finished, but some are saying the alleged anomalies is a reason to enable their true plans to be enacted. I understand anybody thinking,we are talking about a investment in a on the ground Z&L tailings, not some who done it thriller. That is goldfingers doing, sorry MA ,creating so much uncertainty & doubt.
The most simple way of getting valid factual information,that pi can use as a anchor, has to be a rns release stating all known positive & negative factual up to date information. That release whilst suspended would give the long suffering shareholders time to review & revalue their investment. Never mind the nonsense about market & new investors, the BOD are in place to run the company, whilst also taking care of shareholders interest & use their skill to enhance the value of the company.
Shareholders should not be scared to ask for good governance & accountability, very rarely are company BOD held accountable, reason shareholders on their own feel powerless & vulnerable.
BrynJon Your request could have been handled in a more helpful manner by AB,we are suspended,you was not trying to cause problems or gain advantage on you own behalf, they may not be able to release sensitive info. via web site,but could have helped or given reason on why unable to comply. There may be some news already prepared for release via RNS. All that is just waffle,conjecture on my part.
AB, if he wants to start with a cleansed & a properly functioning BOD - company & wants shareholders on board,he needs to show clearly that he & bod will respect & give priority to shareholder interest & rights.. ALL shareholders wants to see that become a reality, shareholders need to act as a group,as a group of 5% or 10% holding, you can start hold BOD &company accountable.
Thanks for posting & attempt to obtain much needed information.
Westy, I have the greatest respect for your posts. They are perceptive; to the point and ask the right questions. The problem with the Geoff Casson rns is not the guy himself but MA who made the 'final processing decision' statement. The peer review - if it's done properly it will be a forensic examination of the DFS. And we must be prepared for a negative sa well as a positive outcome. It is an assumption - but not an unreasonable one IMO - that there will be a new BOD. If there isn't I would be most surprised. The focus must be on a simple gravity separation process to produce a saleabke concentrate, That is what I'm looking for and sincerely hope we emerge from the wreckage. A straigtforward gravity separation is the answer
J99 et al, I was only 20 then but remember it like it was yesterday. In your own link about half way down there is the 'plane' that crashed into the stage. I do remember, surprisingly, the quadrophonic PA which they tested with a vocoder before they came on - completely mind-blowing. They tested out some new tracks - eg 'Raving and Drooling' which was later released on the Animals album as 'Sheep' I also saw them at Earls Court in 94, possibly the best live performance of all and on the DVD. Halcyon days.
I must have been out of it as I can't remember half of what went on. I don't remember the spitfires as the show kicked off but I do remember the surround sound effect of the guitars swirling around us and jumping from side to side - quite novel back then.
And I quickly chided you for advocating the poisoning of the poor pot-heads forced to partake of the toxic weed thereafter - who incidentally would perhaps be wondering why their musical tastes had suddenly turned towards heavy-metal (geddit!) :-)
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