dikoloti nickel project, page-30

Foolishly, one of the reasons I invested was because I travelled Morocco,Senegal, Gambia, Mali, Ivory Coast, Liberia back in the 70s for 1 year.

I know the difficulty for Africans to make a living. I hoped to give something back 40 years later. The spin offs this mine would have created buisness would have been immense and management should be proud of their achievements.

I think price of Copper is not going to recover quickly.
London Metals exchange has low inventories ,however there are other bulk Copper supplies throughout Europe.

China has pushed money out to provinces, central Goverment(trying to create growth) has given cash to pig farmers for example who could not sell more pigs so bought copper physical.

Shadow banking is going to want money back forcing a lot of these commodities back on market. Copper last 2 weeks has fallen from $3.40 lb so chances are they wont get money back.