Yes the potential is huge here, factor in Kashitu and we could be talking in excess of $3B at Kabwe alone. Add another $1-$2B for SZ when we legally acquire it.
We have had some great updates, and I agree we should be trading higher. The thing that has let us down the most are the delays in finalising the plant. Like you say we don't need much at the moment, but I'd like to also see ACI cash received, V JORC, and what about that WKS? It's been almost a year since we submitted the EPB to ZEMA. How it would take this long is beyond me, and it worries me a little since ZEMA also have to approve the Vandium production, and commission the plant, all before the end of this year!
To be fair, I would think AB feels a bit disillusioned, the impact of good news on the share price hasn't been forthcoming. When you think of all the good news released already, which really should have seen us much higher than we are now. I don't think we will see real solid SP gains until we are nearer production, on the cusp of cash flow etc, which we are not far off! All we need in the short term is the first ACI draw down coming in and further progress on the plant construction, followed by Vanadium JORC, until then it's time to get in at ultra bargain prices! Let's face it we are a potential $2 billion profit company trading at a little over £10 million Market cap, we've have been through the mill and come out off the other side in tact and with the added value of the Vanadium and Star Zinc as icing on the cake. Time to buy is now IMO as these things will come! Time to invest and be a little more patient! GLA
It kinda looks like old footage, I wonder when it was actually recorded? I got excited when I saw the sliding gate with our Zambian subsidiary name on! Would be great to get some high definition footage which flies closer around the plant itself.
For now I'm very eager to receive some solid news on a number of fronts. I know it won't all come at once but I want to see some actual progress being made. Rather than being told 'this will happen in the near future' 'we're still waiting for this and that to happen'.
That was good to watch. An innovative way of presenting the situation without the need to try and read between the lines as we sometimes have to with the written word.
Would be good to get more drone footage as completion draws nearer and nearer.
More hole results coming through on kashitu too so hopefully an rns update on that soon. Even though that's stuff on the back-burner at present there looks to be great potential there for a future supply of high grade ore.
Wouldn't want to be living in one of those houses right next to the dumps. Bit too close for me. Also not sure how popular the museum mine shaft tour will be, descending into the depths with all that lead around.
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