In my view positive messages in todays announcement:Drilling to...

In my view positive messages in todays announcement:

Drilling to recommence:
However, modelling indicates that the deposit is open to the west and north-west. Drill testing of selected Orion 3D chargeability anomalies late in the Phase 6 program has confirmed further mineralisation to the north-west, results for these holes are pending and a grid of drill holes planned to test this area is being considered.

Results pending? Food for positive news?

Regional exploration:
There are currently three holes drilled at Kakozhi and two at the nearby Mutoya prospect which require follow up interpretation and drill testing.

That means that we might see some drilling results in the next couple of weeks (besides Kitumba!) Could be interesting to see or create the one or other surprise.

Pre-feasibility Study:
the recent Mineral Resource update is based on a greatly improved understanding of the Kitumba deposit and it is evident that there is a high degree of consistency within the Indicated Mineral Resource area.
The updated Kitumba Mineral Resource estimate suggests a larger pre-strip than estimated in the scoping study and work on a revised open pit design and economic
evaluation will be included in the PFS and compared with an underground only alternative.

Focus on greatly improved understanding and larger pre-strip....

From these early contacts it is clear that the Kitumba Project will benefit from other significant and increased mining industry development currently occurring in Zambia.
Key infrastructure components of power and water supply, site access and operations staffing have been identified as readily available under global mining practice conditions.

For me this sound rather positive. "Project will benefit" and "readily available".

In my opinion a overall good announcement today with some some good news in it. Not (yet) exciting but showing that the story goes on.

Would be nice to see some update from Perkoa (what is going on there?). Positive news from this side should at least stabilise the SP or deliver initial ignition for a bounce back into the 80ties.

Nice weekend to all.