Ann: Okiep Copper Project Scoping Study Confirms Potential, page-9

  1. 51 Posts.
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    Message to Errol Smart:
    We all understand your struggles around financing for Prieska. Why not lower your sight and your financial needs with the following.
    1) Freeze your Prieska plans and prospecting at Jacosmynspan.
    2) Switch your entire focus and resources to Okiep. With the current JORC Resource and scoping study you can start production in 18 months
    and only need $A55M for CAPEX. You still have $A20M in the bank. This type of financing will be easy to get relative to the $A450 needed for Prieska.
    3) With this you will make a giant leap from exploration company to a profitable mining company,
    4) Once production and export of Okiep ore is underway, earnings and a higher share price will give support to any financing of Prieska and
    Jacosmynspan,



 
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