a phone call to zambezi

Hi All,

I just got off the phone with ZRL, to be honest I didn't get the name of the gentleman which I spoke to.

Here is a summary:

1. the coy certainly shares our sentiment that the share price is under valued and doesn't factor in all the upside

2. The BFS wont be complete for another 2-3 months

3. They cannot rule out a capital raising in the near future, and stated that as with any exploration company, there will always be a chance of a capital raising.

To be honest i was surprised to finally get through to someone (as I have been trying for weeks) that i forgot to ask how they think the London market has viewed their little tour.

Hope this is helpful.