Hi TilleydogBased on information contained in the Presentation...

Hi Tilleydog

Based on information contained in the Presentation Jul 12 and with copper at $3.60/lb ie current prices, the MWE SP should be over $3.00 in 12 -15 months time with Dikulushi and Kapulo both in operation. Lufukwe and Safari North and South could well add cream to the cake.

MWE has recently beefed up its top management (it needed to) and I would now not expect any further slippages to production dates or more cost over runs.

The bright outlook for MWE (as seen by me) could well be influenced by social unrest in the DRC, further turmoil in the world's economy, production and therefore cash flow problems at Dikulushi which would negatively impact on the Kapulo production schedule and an over supply of copper from a number of new mines coming on stream.

Please DYOR.

Cheers

R1