Fire - long term game is where we are at, hence the likes of star zinc, ester and the few other spots the team will be looking at. Whilst the big build is underway I expect there to be some exploring of.othrr avenues. I think he burnt his fingers with mtr bid, however as we know the area has rich pickings of waste ready to pick up. Remember all those sites mentioned under old heirarchy? All close to the railway which passes our plot. World Bank may well be wishing someone could come along and clean Zambia up.
Zinc reserves as stated by an American reserves report have a 15 year life. It's perhaps the least of all the major metals. I'm not sure how true this is but reserves will gradually decrease, I'm sure we will find more elsewhere.
When AB took his large marker pen out he crossed off other areas of Kabwe, the Old Airfield site, 57 million tonnes at 3.39% Zinc and some lead. Now that is a pretty large number. Just wondering if we are mining there for 20 years and Zinc resource is scarce will we move those industrial buildings and other obstructions that required the use of that marker pen. I don't know how you all feel but a prolonged life with another 2 million tonnes or $5.5 billion worth of Zinc may not go amiss.
No apology necessary. My initial remarks were in response to another poster who was having a pop at Solgold on the BMR LSE site. There are good reasons why BMR is where it is and why the other company are where they are. I have been an investor in BMR had for some years and yes - I am holding a large paper loss!!
Vitod - not sure there will be many other options as cheap as ACI deal - they will lend us the cash interest free (other than the 100k arrangement fee of course) and repayment will be made as we progress through processing and the offtake agreement at the market value at time of sale. Well that is how I read it so could be different. I am unsure as to why no announcement though I do not think it is required via RNS though again like Manuel from Fawlty Towers used to say "I know nothing"!!!
I do hope however, that I am correct BUT also we manage to break 9p tomorrow.
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