• Cash reserves of the Company following the implementation of the care and maintenance plan (estimated to be in the order of USD15 million), will be used in the following areas:
• Continue to strengthen the Perkoa business case, including assessing the feasibility of extracting a silver concentrate, and increasing the reserve estimate and geological model
• Continue exploration activities in Burkina Faso, Zambia and South Africa
• Identify and evaluate business development opportunities for expansion of the exploration portfolio
• The Board will continue to evaluate funding and strategic options for Perkoa, and most importantly, the Company will continue active work in Burkina Faso and contribute to social, environmental and community projects AND OF COURSE KEEP PAYING THE BOARD THE HANDSOME WAGES THEY GET FOR BEING USELESS AND DOING DIDDLY SQUAT ,
AIM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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