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28/08/17
21:49
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Originally posted by huwscor
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Its seemed like forever that the Kangaluwi Copper Project has been pending. I'm fairly certain we have been through numerous Zambia elections and judges and still no decision or even news about it.
And unfortunately the news from the other week doesn't appear to give much hope.
"In addition, the Company wishes to advise that a Zambian registered company RCL Resources Ltd has expressed an interest in acquiring the Kangaluwi Copper Project in Zambia from Trek and a non‐binding Memorandum of Understanding (MOU) has been executed."
I'm wondering what RCL can do that ZRL couldnt...
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I'm interested to see what the terms are too. Ignore the legal issue for a second and it's a wonderful resource.