RE: Hoping todays 121 investor meeting brings us some backing28 Apr 2021 09:49
Bricks, Numpty,
I was most encouraged by the aim to improve the grades in the two earliest years - where they are lowest.
Interesting to look at relative resources of Zn, Pb and Ag in descending amounts.
The current drill campaign to be completed within next six months to move resources from Inferred to Indicated category.
We discussed the current high price of Zn and Ag.
Smaller supply for Zn than Cu but becoming more used in EV.
Myles gave a high level explanation of mine depth: 1k to 3km vertical sandwiched between limestone and slate.
I asked about refining out the different minerals: Myles explained it was done in two concentrates.
I questioned about the Mayoral support news paper article and lack of comment: Laurence said they had a lot of ongoing supportive discussions with the local Mayors. In principle only issue substantive RNS.
He said the Castilla y Leon region was a good and historic mining area.
I asked about further financing but Laurence would not comment until officially.
He did explain the E467 loan/grant being pulled down in three tranches in partnership with the University of Salamanca and SPI drilling.
I asked about making early offtake agreements but Laurence said he would not agree poor early commercial terms for offtake agreements.
I am impressed with the partners involved: Wardell Armstrong (Cornwall) - ore sorting
Toura (Germany) Piezometer implementation for Hydrology ?
Conrad - Commercial
I don't understand why the share price spikes and the falls back. Suppose it shows its not a sticky fingers share.
I meant to ask but forgot.