RE: Opening sp6 May 2018 20:35
We know from AP's recent podcast even after the stripping at Manaila that they have produced just under 800 tonnes of Cu and Zn concentrate which is better than Q1 2017 658t. He also mentioned PP was at near record production, so the figures should be solid, though Q1 last year was a relatively poor quarter due to the cold in Rom and rain in Zim.
If we get the BP L soon then by this time next year I would expect decent profits to be made and even without the new plant at Manaila now the mine has been prepared correctly (overburden stripped), better offtake agreement (without discount) and higher ore prices I should think VAST will be profitable soon (if not already).
Add BP and the profit seekers will be ecstatic!
When you add Eureka, Giant and anything else it just gets better - big profits and great new projects to move along like the Zagra licences - I can see an s/p of several pence without the Zim diamonds - if we get those 5-10p is highly likely - though as always I am cautious about the diamonds, but the chances are probably better now than at any time since 2006. GLA the LTH deserve it for standing by the company through all the shite of 2016.