RE: Massive Opportunity23 Mar 2022 14:58
It means no one else knows how to do it like that. So, no, they haven't invented chemistry, but they have developed a process which is their own that is unique and one must assume has distinct advantages over other methodologies. What a waste of space you are, you twat.
As for Homey being a large shareholder, he leaps at every opportunity to put the company down with unsubstantiated assumptions; hmmmmm... "Smells like bullpooh to me. My view is that they can't achieve an efficient/economic Zinc extraction process, even with historically high Zinc prices."
As Zinc has been produced at that site historically, there is nothing to suggest that it cannot be produced profitably, especially with JLPs acknowledged technical excellence: "The Sable Zinc Kabwe (SZK) plant produced zinc cathodes from a SX-EW plant by processing the Wash Plant Tailing material (WPT) up to 2003/4. However, in 2004 Metorex Limited, of South Africa acquired SZK and converted the plant to produce copper cathodes by processing malachite ore supplied via the DRC which was expanded later to include a cobalt oxide precipitate plant. Sable Zinc was bought by Glencore in 2011 who operated the plant on and off until the purchase by Jubilee in late 2019 for $12m"
Don't listen to naysayers, they have an agenda.