Solid day15 May 2018 17:46
after a slow start. Market starting to digest the new proposition here.
AIMs only Near Term Cobalt producer!!!... huge exposure to Copper, Cobalt and Gold.
Colin bird sold kiwara for $260m and he only put about 8 drill holes into it! it was bought by First Quantum for $260m in a fairly undeveloped state and is now the Sentinel Mine with a Resource of over 1bn tonnes and producing in excess of 200k tonnes of Cu per year. This was only ranked 22 out of 30 of Anglo americans top targets
Now check out where Zamsort are, drilling to firm up to say 100mt... and has 7 of Anglo Americas top targets on its licence.
Todays news taking a controlling stake in this asset to enable its development is totally game changing. Its the asset I invested in here in the hope of development and... well here we are!! Very excited. Well done to the BOD in getting this across the line
ARS Mark2 incoming.