? BMR Mining PLC ("BMR" or the "Company") Land & Equipment Lease Update
Following a review of operations by the Company at Kabwe, the Directors have now determined that the location of the initial Pilot Plant should be secured for the medium term and also under the Company's direct control, and they have therefore decided to construct the operational plant on the Company's own land at Kabwe. As a result, the Company will not be proceeding with the leasing of land and equipment from Sable Zinc Kabwe Limited announced on 28 September 2015. Whilst the Board is continuing to finalise the specification and costing of the operational plant, it does not believe that this decision will have a material adverse impact thereon.
Alex Borrelli, Chairman, commented "This decision reflects our focus on constructing a fully operational pilot plant that is capable of generating revenues for the Company."
Datafeed and UK data supplied by NBTrader and Digital Look.
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.