I also will hang in there
Obvious issues to date include:
1. End of year selling
2. Market down generally prompt margin calls
Primary issue appears to be the ire of environmentalists (google search it) - but I think this will be overcome eventually due to the strong support of the government and chief of local tribe - as this an area that hasn't benefited from the resource boom that other areas of Zambia have.
Biggest concerns for me include:
1. Lack of information coming from the company
2. Selling off resource specific assets without transparent justification
3. All these inter related companies
4. Commissioning a copper only analysis of assets when the company was previously touting a multi resource asset
But you have got to ask / be pleased that people have sunk fresh capital
into the company. Does anyone know who these people are?
Does anyone know what the likes of FP are saying about the company?
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- hang in there
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