I hope the PFS is a cracker, and going off the "robust economics" phrasing in the last RNS, I really think it should be. I couldn't cope with any more fluff. I want to see foundation now, a working business at last.
"Preliminary studies by Ascot show the project can produce commercially saleable concentrates in the current calendar year with robust economics."
If this line proves to be untrue I will hunt them all down and lay them to rest in the Kabwe mine.
The PFS could be scary. We know we have massive resources with very high % of metals. What we do not know are the costs of processing that is the big question. The market wants to know this in order to value BMR. Once or if we are given this data and it's good I think we could see a real re rate IMHO
MA didn't tell us when we can expect the PFS to be completed by Ascot and issued though, no set month, only final stage stuff. It's a bit like the Reader's Digest, we've been selected for the final stages prize draw, sometime soon.
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