Member Info for captainbob

At the GM, when asked about Kakuya, he suggested it would be assessed further and we could expect mining to commence first half next year??

What we need to hear are positive plans and proof of action on exploration of the previously announced licences.

So 18-24 months till production, @ 10,000,000 tons ore, with 500,000 contained copper at 5% cu, at some point they must do some drilling, outline a plan for how ore will be treated before trucking it out.

(Noting that doing nothing, even 20x100T trucks per day at 5% copper, is 100 tons of contained copper a day).

Then there are the other licences?

With copper set (according to various forecasts) to average 12k ton in 2024, 15k in 2025, even bushranger will appeal to the bigger fish.

Really feel there must be a way to start generating interest to benefit the sp.

Would personally prefer to see an RNS to clarify where we stand with all the Zambian licences.

Did anyone else understand the podcast to say the MINING licence is all but in hand, and the silverking exploration licence expired?

1st or 2nd qtr 25 will see income.

First need news in the development.

News please......

Come on Colin, just the news of a truck load sent to a smalter with more to follow could work wonders at the moment.

The study was conducted at height of fuel price spikes,, probably anticipating furter rises. Things are and will most likely continue to ease.

And then there is Copper... price just now, $9,810 mt $4.45 lb, long may this rise continue.

Yes that was said at the GM, basically big co's need to show inventory on books chance for future development, as other resources are depleting

Hmm....

I am hoping they are fending off, (in the nicest possible way) all thos daily calls, "can we buy it now before the price goes up".

NTM,

Nope, been enjoying steamed Pomfret and a nice ripe pear. Still holding strong, why would you think it was me?

Better to do it when cheaper, can send more across for the 20k, with more to gain in theissa

Depends who arranges them, normally brokers do at very near same price?

Within next two weeks, we should receive the first, quarterly payment from Manica, I truly hope, that we have also received the balance of the 3.325 M to bank, and then kick start some positive sentiment. I sinserely hope the board will fanfare this with an RNS, to update on how much is in the coffers, along with a series of follow ups to explain the plans and progress for each of the projects.

At the moment things are plain 😴

To be fair, Colin explained at the GM regarding sharing cost of the geo's, saying each co basically paid a part of the salary, so relatively little cost to each Co, ie knowledge of 5 for the price of 1, words to that effect. Sounded a good deal really, just hope we are going to get our fair share of the work, rainy season coming to end now, let's hope April brings on a flood of news.......

From GM, I got impression we will get substantial news April, before then possibly an additional licence in Zambia, (or elsewhere sourthern Africa), may pop up

Frim GM, there are geologists already on the ground, sounded like they were camping rough, mention of black mambas made all a bit like indiana jones. Also likelyhood the holes will be much shorter, 120-180 m. Sounded like there would be 12 holes targetted in the 1st phase?

There was deeper reasoning, analysis of previous exploration, new ways of looking at those results, and things seemingly being in a straight line.

From what was said at GM I am expecting after analysis of historical data, by (April / May), drilling should get underway, most likely in southern part of the donut shaped sector, as historical artisan workings are evident there.