Figures don't include sov. risk. In Afro plays (predominantly London based) it is widely known their is less geological risk but much more soveriegn risk hence the market assesment of worth. Check TGS in the Congo as a comparison (and they have Macbank support)where they have an inferred resource of 13.4mt at 3.3% cu containing 439,000 tonnes of copper, 20,000 tonnes of cobalt and 1.416m ounces of silver has been made. The high grade component is 3.2mt at 7.2% copper for 230,000t, 5,200t of cobalt and 441,000 ozs of silver.
This is the reality. .
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
