RE: Could now do with some news fillers to the road completion.5 Jun 2024 12:13
I think the issue with the due diligence on the processing plants boils down to efficiency. Most process one or the other but CRTM want both co-located or alternatively the onsite platform to process at least one. If they come out stating they are doing the onsite option thats a longterm project with associated large investments required I expect. I also expect Fryer to try keep to his deadlines now for the very reason that 20p is achievable off the back of the road, positive sample and JORC and he will want the positivity to continue through to the OTCQB and US Investors. If he gets that in place they are then down to the December 2024 start for moving the 10k a month to OM Metals. The machinery they are using on the road when I googled is Mining Contractors Services Congo based in Lubumbashi (LUBUMBASHI - 02, Av Nyanza, Q/Industriel, C/Kampemba) which has a sizeable warehouse and equipment and state "We own equipment that helps us offer an array of services to our customers, from opencast mining, bulk earthworks, road construction, and plant hire. So they have perhaps the other tools for mining which may be leased by CRTM I suspect. I always say do your own research and can IMO (provided the road hits its deadline) see the gradual raise the next 30 days and this FOMO playing its part because if they have those existing sacks on the pad to sell through to Dec 2024 when they expect the mine to selling the 10k a month to OM Metals then the potential bounce back is high IMO. By the start of 2025 all being well CRTM could be what is hoped a profitable company. Whilst there could be many bumps in the proverbial road the framework for success is likely there.