RE: I’m a buyer at these levels27 Jan 2021 08:19
Hi Phoenix,
I'm curious, how have you concluded that it is not Star Zinc?
The licence area covered by Joackim is 6.6 ha This appears to be larger than the Star Zinc mine. When IDatacheck posted the details of the licence area I realised it was an artisan licence and being applied for by Mr Chelelwa. I was surprised at it being an artisan licence due to the restrictions on these and the fact that we were expecting a small scale licence. DC has looked at the area and it looks like Star Zinc. I suspect the deal will end up being something like selling zinc in the ground to Zambians as it is difficult for non citizen owned companies to get a licence. I could be totally wrong.... I would be interested in anyone elses views.