Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
The investir presentation and updated slides for rge website eith the project overview and timelines are key elements that will be measured and used for reference by shareholders to mark and understand the project deliverables. With the IMF meetings having significant effect on the outcome and port build and finance options, don't you think this is going to effect planning and statements regarding expected delivery dates. Once IMF is cleared thru, I expect either EPP or phase 1 planning to be dated on presentation slides and a full Investor presentation meeting to be announced. PATIENCE !!!
Market exposure
added revenue !!
product presence
added revenue !!
Low Capex, market sees us....Hello Zanaga here, do you want our product ??
Nice price to buy us.....hello world !!! get the drift GTA ???
If you read previous updates, you will note gta, that AT mentioned that by using existing road and rail, the EPP can be up and running quickly with low capex.
So the maths are not hard to produce. Minimal outlay for a return until phase 1! is ready and generate some revenue, since we have been spending only, over the past few years. Also proves the product to market, enhancing presence and adds market value.
Better than just waiting for full infrastructure build !!!
EPP transport- info from last project update
Progress made in assessing the opportunity for a small scale Early Production Project ("EPP")
* Preliminary test work results indicate that a small scale project is capable of producing a premium product pellet feed concentrate with an iron ore grade of 66.6% with low impurities
* Test work is ongoing as regards the feasibility of pelletising this concentrate using a polymer based process into a pellet product of sufficient quality to meet industry standards and be commercially marketable
* Logistics routes to two potential exit ports are under review
*Road only, and combination road plus rail routes within Republic of Congo ("RoC") to the port of Pointe-Noire
* Road and rail through Gabon to the port of Owando (Libreville)
* Glencore and ZIOC have agreed to conduct further study work on the EPP project, including assessment of EPP project feasibility, scope of operations and project economics
All you had to do is read whats freely available on RNS feeds
I'm away on hols and I cannot believe the fall over 2 days. What's up with people...too impatient to wait or merely too many traders offloaded. ???
People need to stay put and hold to realise the potential. At dome point real news will be released and those not on the train will miss it.
Hi MM,
yes but 30-40% rises on 2,3, 4p days was easier to obtain, and represented a few pennies. that rise of 3p today is not as significant a % gain. I wondered in pennies what the biggest day gain has been?