Well we got a new MD but it made no difference as it looks like the same person that took over this company on the completion of the Anleck deal is still in control. Nothing has changed in how the company projects itself. Drilling has been underway at MCB with a new contractor since 12th December 2021 its already 4 months that passed, with out any news from that.
There is a drill working at sagay we only got results from 1 hole. We also got results from an up date of 1 hole at Opuwo. Lots of money is flowing out but it generates no news.
The clock is ticking on all things, some things are now evident one is we will be dealing with a new President. Then the MCB permit expires in early November and long before then a MPSA has to be approved and to do that requires a DFS. The prices of all the involved metals are still at record highs.
They have yet to get any deals on several projects in Australia.
The last announcement says its for a London Roadshow ??? One would hope that has not already happened as if it has it was a flop. Perhaps we are all meant to travel to London to get updated????
All the materials for lithium batteries and electrical things are going higher Lithium carbonate is :Mar 15, 2022 — The mid-March assessment by Benchmark shows battery grade lithium carbonate (EXW China, ≥99.5% Li2CO3) averaging $76,700 a tonne.Talk of spodumene concentrate contracts for june done at $4000 a tonne up from $2200.
Cobalt is sitting at $82,000 a tonne Zinc is at $4400 t Copper over $10,000 t gold $1970 oz CLA shares 2.6 cents.
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