I agree. Much happening now and when each aspect is finalised, the value should really increase. There is certainly a momentum building, the background preparation has been excellent by the new team. As ever, better to take one thing at a time with BMR, lessons learned and all that, but from what we've been officially told, yes, a viable business is taking shape. We have the expertise on board that we should have had five years ago. Better late than never, but we have it. Cheers Yaard.
Good post. I agree about Kabwe being a primary target for financial assistance in order to deal with the environmental and social issues. It calls out for it and this won't have gone unnoticed. Finance should not be an issue. I think it's only a question of the market needing to officially know how our project will be funded before it further relaxes its grip on our sp. The bonus going forward is that AB is outlining with clarity just what is occurring on the project. Any financier would want confirmation that the project is built on solid foundations and it now seems we have it right. With MA out of the picture we are no longer jumping from pillar to post on an imaginary 'asset grab', while doing nothing with what should have always been our flagship operation. This will have been noted, not least of all by us shareholders. Regards.
RE: very positive
Looks like you were right about an update being due chart, let us know when the next one is coming ;-) Very nice update. Still think we'll need a fair bit more patience here yet though. Cheers All
rns. Happier than I have ever been with this share. I just hope they find other means of funding rather than dilution, or if dilution a lot higher price than we are currently at
Hi Z, Glad to see we are thinking the same way and great to know there is another company out there getting cheap finance for environmental reasons, bodes very well for us! :-)
Good morning Eric, yes things have to be finalised but we're definitely moving forward, great to see things running in parallel, testing, plant design, Zema, World Bank all going on, they mean business. I really hope that the world bank involvement will lead to some sort of low cost loan as they are committing approx $60 million dollars to cleaning up Kabwe and BMR only need between 1.5 and 2 million to build a full scale plant and are key to the clean up. Patenting the process could be massive too, non toxic discharge that is basically water is a big thing! I don't think there will be any problem with Zema approval, the process is clean, Glencore already have approval for leaching and they are right next door. Like you say it looks better than ever before, we will have a run of news leading up to production and I can't see the shareprice staying this low for much longer as the market starts to take notice and realise this is going to be one of AIM's success stories.
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