Hi All,
Nice move up today on the strength of the AGM.
I also attended the AGM, was a few minutes late and was standing at the back.
Was very impressed with the presentations from Simon and Hugh, which instilled a feeling that they were straight and upfront about the situation in Kyrgyzstan. The (many) questions were answered directly and to the point.
Simon's presentation on the Jinka assets opened my eyes to the potential there. Worth noting is that the mining in the past was to AVOID the copper, since it contaminated the gold extraction process.
Today, with better extraction techniques and higher prices, the Cu/Au concentrate can be sold, as well as leaching of the Au. Simon pointed out that at Bernakura (Moa group of pits) the regions between the existing pits are most likely to contain 1% copper.
Lets see what the JORC turns up.
Intsol
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