Prem1 Aug 2025 07:42
Shipit
I think the Zulu mine will be continually tested during the remainder of this financial year, WD40,spanners etc.
That is not to say progress will not be made, I believe that the Zulu mine will NOT be "commercially fit" during 2025.
What I can see happening is that Glencore will provide funding for the future tests and be repaid in spod.I do not, however, see any formal agreement being concluded until reliable nameplate production, IMO 2026.
2025 Testing, share dilution, share consolidation and possible company restructuring.
Acker