Ann: Kitumba Prefeasibility Study Optimisation Up, page-26

re: Ann: Kitumba Prefeasibility Study Optimis... Well said Dragone, very well said and what we are all thinking.

Someone with so much wisdom but doesn't apply it, really needs to ask whether their own self confessed wisdom is wisdom at all...

The current SP in my eyes takes account of the worst possible scenario for Perkoa, which would mean losing it all to Glencore. The value is probably largely placed against cash in the bank after liabilities and a nominal valuation against the Kitumba project. If the SP drops so be it, but if Kitumba is still in the picture, I'm more interested in the number of shares I have when it gets to the next stage, rather than the number of shares I could have offloaded to save three pence per share at 15c.