give him a call mate, he will tell you we have a Plant from Russia which has been built, Ascot have not been working on the W/P for some weeks, if he is to be believed from conversations with him 15th Nov has not changed, just looked back through post today and cant see why no one has brought this up, EPL is carrying out pilot testing? so plant must be built, still need ZEMA but ill be happy to know both plants are ready to go, this emails a couple of weeks old, Dear , Ascot are now working on leach plant development and wash plant is being development by South african owned company with using Russian technology. Regards, Masoud Sent from my BlackBerry® wireless device
not bad figures, i was expecting less from the LEGO plant to be honest, not many of us was expecting Masoud to deliver on time so over all a good RNS, 5th August RNS Ascot personnel are currently in Kabwe, working on tailings ground-works and site preparation. Equipment specification options for the production plant are being finalised. Today's RNS EPL has continued completing site-works for its plant and is carrying out pilot testing of the gravity processing systems to ensure the metal recoveries specified in the DFS will be maximised. we know Ascot are no longer working on the W/P but it would be nice for him to tell us all, so EPL are carrying out pilot testing and he tells us Ascot are still on site working on the L/P, more news to come then
Haha Yes as I keep saying pack em rack em and stack em.... Ever wondered why a trip from Italy to London half the time is going round and round ...???? Well now you know At least that was better than it will be from now on.... Every plane for themselves....
For legal reasons of course that isn't true ......
I was going to agree with your post this morning, but I'm already sat on the naughty step next to Miley Cyrus,so I thought better of it! Tip: if you want to vent any negative frustration, do it on Discuss the Market, it will scroll off the screen into the ether in two minutes - no damage done but you'll feel better.
This RNS was like your parents promising you that racing bike for months and then you wake up one day and they go - here you are mate a lovely pair of roller skates!
Plus point - copper at Kabwe was originally slated to be 50 tonnes a month, so 100 tonnes + will be a nice bonus.
Yep, sorry to hear of your job loss, but I always did wonder how you managed to juggle constant online posting with running the Air Traffic Control at Heathrow! :p
I was encouraged by today's RNS. I force myself to look at the long term and the outlook is good. $3m profit per year is small but not bad for an opportunistic plant purchase of $1m. The copper cement is a bit of a side show with the Zn/Pb and the rare elements topping the bill. I still have concerns about funding which seems to get overlooked with recent RNSs. Until we are told we have enough funds to get to Zn/Pb production or we have offtake funds I have to assume there might be an issue of some kind. The next set of accounts are due soon I believe, they will make an interesting read.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
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.