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2008 for zinc, page-18

  1. 13,575 Posts.
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    re: flory at mokopane in south africa Nothing like a bit of positive thinking eh chaps.

    You have a point though.They seem to have been taking all they can to the pawn shop as of late and raising as much cash as they possibly can.And dont forget the cash they raised via that large placement in the UK which was suposed to be earmarked for the Mumbwa drilling as well.They have already said that they will only be spending the 1M+(whatever it was)on this initial campaign of drilling,so its not as if they are chucking heaps of the raised funds at Mumbwa atm.

    Dont know what a floating of the Sth African assets would set them back back it wouldnt be too cheap one would think.Cant see them doing it unless they did come up with at least a few mill out of it.But it is a possible reason for this continuing delay.Or is it?

    Cant see why such happenings should necessarily be linked to a delay of the zinc offtake.Sure it has ramifications for the finance side of things but if this project is so damned positive why delay the zinc offtake.

    d.


 
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