Maybe sooner than 6 months scarva but agree with your general drift.
I understand that in about a month they will get a research report that RFC have done and then will be doing a roadshow in March. By that time they should have a couple more months solid cashflow and production behind them and be able to talk more confidently about phase II and plans for for drilling at Kapulo in April-May. Does anyone think the market will be interested in the research report and roadshow or will they just say - Africa too risky?
The one thing that concerned me in the quarterly was the lower than predicted grades (particularly of silver). they put this down to leaching of near surface ore. Is this totally convincing?
Cheers
hots
- Forums
- ASX - By Stock
- avl qtr out now!
avl qtr out now!, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online