agm, page-9

  1. 1,107 Posts.
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    Hey guys,

    I also attended the AGM. The presentation by Bill was excellent and quite a bit of info to diggest!!

    One thing that did stand out to me at the AGM was that if drilling went according to plan (i.e 10km east of current Dikulushi ore), forecast copper production is expected to be 700K tpa commencing in Stage II.

    This will be a phenominal result. Bill was quitely confident that drilling would increase ore reserves in the area.

    Canadian listing is currently in progress and appears to be a few months away. Was not mentioned by Bill, only raised by a shareholder during question time.

    Bill also mentioned cash costs have aslo levelled out at around 40-41 cents a pound.

    Overall, well attended and very imformative.

    Freakme
 
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