I think every share in pf is red today or flat. It’s a great shame we got such positive news ( drill and subsequent interview) during a crap week. Still markets always go in waves and BZT continue to drill/ explore. So hopefully we’ll get next bit of news when markets are a bit more positive. These dips in markets do allow to add assuming you have dry powder.
Anything over 0.5% to 2% is considered commercial and extraction costs come into this. Bezant is fortunately mining in areas where skilled labour is relatively cheap which obviously helps. This 2017i article of the worlds top Copper miners to give some reference on grades.
https://www.mining.com/the-worlds-top-10-highest-grade-copper-mines/
https://twitter.com/khudezabegum/status/1381551874835369986?s=21
https://twitter.com/korepotash/status/1380831565761101829?s=20
the 0.70 is obviously based on the current chart patterns, not what the assets etc are worth. And would be his near-term target. As things change/ move up then the charts would obviously change. I was speaking to someone this morning who has a target of .79 again based on the current chart pattern/ consolidation
https://twitter.com/sharetalknews/status/1380485829500489732?s=21
Very interesting the new board member- sounds like he is well placed to help secure funding for the project. Positive step forward to me.
“ Change in Non-Executive Director
Kore Potash plc, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo ("RoC"), is pleased to announce the appointment of Mr Sameer Oundhakar as a Non-Executive Director of the Company nominated by the Oman Investment Authority ("OIA") with effect from 1 April 2021.
Sameer replaces Mr Tim Keating who has resigned from the Board with effect from 1 April 2021.
Mr Oundhakar, aged 47, joined OIA in 2018 and currently holds the position of Senior Manager - Diversified Private Equity Investments. He has extensive private equity experience across diverse industry sectors / geographies and represents OIA on investee company boards in Europe, Latin America and the Middle East. He has lived and worked in the Middle East (OIA, Seera), UK (Boston Consulting Group, Columbia Threadneedle, American Express), France and India (HSBC, Larsen & Toubro). Sameer has a Bachelor's degree with distinction in Mechanical Engineering from VJTI Mumbai, a Post Graduate Diploma in Management from IIM Lucknow and an MBA from INSEAD.
David Hathorn, Non-executive Chairman, said: "The Board of Kore Potash is very pleased to have Sameer formally join the Board. From mid-2019 Sameer has been attending Kore Potash Board meetings as an observer and is well informed on the Company's business and has been sharing valuable perspectives with the Board. As the manager of OIA's investment in Kore, it is logical that Sameer formally represents OIA on our Board.”
well done Acker - I did similar although my 88E holding was relatively small but bought some more here with it. Have a reasonable holding after buying a decent chunk yesterday and day before. I love the way this little fishy moves :)
It’s interesting how people can have different opinions about management etc. I actually bought fairly big in Kp2 partly because of Brad - I really like and rate him as a CEO. He interviews very well in a no nonsense confident manner. To me he comes across as someone who wants to see this project come to fruition and give shareholder value.
It’s great anyhow to see Kp2 is getting on the radar of more investors.