Not a long conference call. Below are some of the main points mentioned.
Commissioning works now 17% complete and on track for all commissioning by the end of Q2 2011. Now transitioning to specific modules and area works commissioning for cathode production and ramp up during Q3.
Sulphides from previous drilling approx 600,000 tonnes and this new drilling will firm up the sulphide numbers. Drill rigs that Anvil acquired some time back has been sold to an international drilling company who will carry out $2.25 million of drilling in Kinsevere.
Mutoshi extra drilling to define a resource later this year.
Support Alexander mining on their Mutoshi cobalt pilot plant.
Scoping study completed by the end of the year examining expansion options for Kinsevere beyond 60,000 tonnes of cathode production pa.
Investment options to consolidate the company?s position in the DRC and develop a pipeline of growth projects.
HMS plant will continue to at least mid-year.
SXEW will use the stockpile of 1.3 million tonnes of 2.7%-3% lower grade to do the commissioning work.
CEO search a short-list has of potential candidates has been created.
Regional work around Kinsevere has started to potentially feed into the Kinsevere plant.
Finally, Bill again reinforced that Trafigura and Anvil has a shared vision to build a leading copper producer in the DRC and Kinsevere will provide a platform to do this.
Seems that all is going well and on track.
All the best.
KKR
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