itsaduster7 Aug 2018 15:19
I take your point, but was looking at this purely from a BMR investor's angle. We had 100% of this project, the small and large scale licences for Kabwe and supposedly a proprietory method to suitably process the tailings. ZEMA approval for the lead and zinc etc, so it's an acute kick in the plums to have relinquished such a percentage of a project worth a couple of billion dollars.
We haven't got a good deal at all, it may only appear that way to some. I do agree though that obviously we now have no potential processing headaches and so on, but just look at the potential rewards for JLP, for what is a low outlay when you consider the significant future profits.
Borrelli has allowed JLP to acquire an absolute bargain, without much bargaining on behalf of our shareholders, lol, and what was our flagship project, seemingly all ready to go, is now JLPs. That's how it is. You have a fantastic opportunity to transform the company, while we limp off with pi55 stained trousers into the darkness.
All at the hands of one person this.
I won't say any more, but I wish your good self and all JLP holders well. These tailings need to be shifted and the environment cleansed. It's long overdue.
Best regards.