While you are here maybe have a look into the Lethakane project. It's huge at 365M lb. At just under 200PPM it might not be high grade but even at 200PPM cut off its still nearly 200M lb at an average of over 320PPM putting it well ahead of say BMN's resource or DYL's Tumas project!
And maybe even more important: Lethakane is fully permitted with water incense and all. That will really matter when U production needs to ramp up fast and many projects in the US, Can and Aus are stuck in permitting. Also this deposit is pretty straight forward to mine.
It will be great once LOT starts making money in Malawi and with an experienced mining team at the helm.
And then there is the WIlcomi project in WA which hopefully will bring in some decent $$$ when they sell it off. Might make up for the complete market cap of ACB.
Great deal for LOT putting them in a much better position. And ACB holders will now have a much better chance of seeing Lethakane going into production.
ACB Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
