RE: ACP Questions22 May 2024 23:21
“With project financing, a mining licence and commencement of mine construction all imminent, Mahenge, and indeed Armadale, is on the cusp of transformation. Ultimately, Mahenge’s value potential is clear, and it is our responsibility and focus to convert this into meaningful returns for our stakeholders. To deliver on this, we have devised a staged development plan giving a fast-tracked, low-cost route to production. This is truly an exciting time of development.”
Fast tracked the h ell out of this resource haven’t they, guess no one was complaining as they mislead their investors all the way through the rise. Took them 2 years to tell the market that they paused the phase 2 feed studies.