Ann: Kihabe Project Presentation-MTB.AX, page-6

Hi there @Idle Wanderer. I actually saw your mention of MTB on the AZS board, took a look and then a small punt. A few things I like;
- Its in Botswana where I have another stake in MOD (a couple of hundreds of km east with Cu) and it seems a good place to do business
- The current JORC'd Kn/Pb resource looks to have some real upside. A error in previous grade assessment seems to suggest a 50% uplift in average grade (just the Zn?) in current resource extent so theres more to mine. And the Zn price is now some $2400 versus the assumed $1900. So if it made some sense before (was there an IRR?) then it is more compelling now. Plus the Germanium bonus perhaps!
- There is some genuine nearby prospects to explore
Whats their cash situation?