new sp report

sp has an update on its last report

the last 2 para r as follows:-

drillingalsso commenced on AIM's mumbwa iron-oxide, copper-gold project. the drilling was planned to test a range of copper, gold and uranium anomalies by 11 holes to a total of 5700 metres. results from this drilling should be available later this year.

we re-iterate our BUY recommendation, with a 16p target price, in anticipation of additional newsflow to come from the company next few months as it progresse the development of the perkoa project. BUY.

note: the capitals are mine but the words are sp's