RE: Still Haven't Stopped Laughing6 Jun 2025 11:30
Can’t believe I had to come back and talk to you again L. This will be a short one today though, as much fun as yesterday was.
Re: Kalaba, you basically left out a lot of context in your quote from the Feb 2021 IC – ‘The lack of available high grade material meant it could not be run economically. The key reason ARCM entered Zambia was to progress the very exciting exploration footprint. The plant was half constructed when the Company entered Zamsort.’
I mean, that’s pretty simple for anyone to understand, we had to complete the plant as it was part of the terms of the licence, but really what we were interested in was the exploration licences, but one came with the other etc. You understand that don’t you Charles?
Also from the same IC, in response to the 7th question regarding a plant at CE – ‘Yes there has been progress, we have been talking to a partner with proprietary technology and it looks encouraging. However, we haven’t wasted much time on this issue as the discussions we are having do not involve the construction of any plant. Therefore, we have put the plans for a plant on the back burner given discussions and the priorities of our potential future partner.’
And at no stage does Nick say in that call that he envisages going into production into 2022. You are telling porkies L.
Got to do better L, have a good one!