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kulu announcement..., page-4

  1. 118 Posts.
    In the recent CC Anvil indicated that they intend
    to ship Kulus output not to Nambian or South
    African smelters but to parties within DRC - Kolwesi (the majority of conc. output) and Zambia.

    When further asked by a broker about transport
    costs for DRC Kolwesi and Zambia answer was
    almost zero for Kolwesi and 70 $ for Nambia
    (which would tranlate to ca. 0.10/lb if i do understand it
    right).

    Also in reference to the CC to another "concern" recently raised here (for whatsoever agenda...)
    Anvil stated that capex for Stage III Diki will be in order
    of 4 Mio over two! years. Personally i would expect
    that such minor annual investment will also generate some development ore i.e. revenues that will offset some of "huge" that costs.
 
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