Ann: Update on Status of Environmental Impact Stu, page-3

re: Ann: Update on Status of Environmental Im... In a better market this would be a different story indeed.

Catch 22 - need more $ to do more drilling, but can't get interest ($) or an increasing SP (therefore rights issues $) as share price is failing - this we all know.

Mining types would be glossing over this with a cursory:

Zambia X
Average grades X
Tonnage ok but not spectacular X
and now... troublesome EIS X

Attracting a JV - well, us shareholders reluctant to put more $ in, so the same goes for likely larger investors.

Only ticks would be it being copper, and potential for more finds in the tenement. But without $ to drill things are stuck.

A definite long term play now ;-)

(opinions are my own, and could be (likely are) wrong).

Welcome further discussions here. ESP from the rum fiend scanno.