If the project is financed there will be an initial rise in the...

If the project is financed there will be an initial rise in the shareprice , it will then steadily increase with the development of the production / mining facilities . As we approach initial production there will be another price rise . Once initial production achieved then the shareprice will reflect success of initial operation .

As a new mine development example BGF is an interesting one to follow . Ball started rolling with financing announcements , price increased as plant developed , reached high of about 50 cents at first gold pour . Since then price has steadily dropped to mid 20's as mining plan has proven flawed .

Any major find at Mumbwa would of course have a large impact on the share price but as other posters have stated its important to be realistic that this is an outside chance . Also the 2008 timeline may be for initial production , i.e test production only , it may take another 6 - 12 months before plant comes near to full production .