re: another underperforming quarterly Overall the results weren't too bad, costs were still too high transporting and smelting wise but there are some things that cannot be avoided and it's what stage 2 will ammend.
I've heard there was/is some kind of truck shortage with all the haulage going on between South Africa and the Congo, mostly precipitated by FQ and there massive development.
On the positive side we have $10 mill in the bank, 8+ years mine life, stage 2 almost complete, a relatively stable Congo, a booming copper price, a spare ball mill to ramp up capacity if required or place elsewhere ,and a potential deal being negotiated with Gecamines.
We'll need another deposit through exploration or a deal to get the market excited again.
All in all however it's pretty good!
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quarterly report just released, page-37
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