SKM skylark minerals limited

15.01.14 will be 6 months nfc formal pres.., page-2

  1. 13,167 Posts.
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    Rule of thumb is around 6-12 moths. But it all depends. Could be sooner.

    Glencore backed BTR Perkoa zinc mine since 2005, but the zinc glut caused Glencore to back off a little bit, delayed construction & postponed production until first shipment in early 2013. Last month Glencore persuaded BTR to sell the remaining stake of Perkoa.

    NFC has been a substantial holder of TZN Angas zinc mine & promising EPC many years ago without result. Last month NFC approach TZN to reopen the EPC contract. Yes NFC was the one that made the move again.

    From what I can see, I could be around 6 months, this is just my speculation. Don't take it seriously.
 
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