Thanks Wilf.Theres always more to these agreements,so its good to have multiple eyes on them.
Id say we're committed to stage 2 with this Mumbwa result.
*$750K for 5000M(if it costs only this much!) with much of it targeted on this feature.Not too much of a stretch for Aim considering thats just short of what we pay MF for his yearly services.BUT its good to see he recently chucked $250K of it into exercising 5 million unlisted options!
*Stage 3 would only happen if BHP wanted to do the pre feasibility and mining feasibility imo.
Imo if this came up as mineable BHP would commit,base metals market willing.I cant see them handing such a project to the Chinglee which is where it would probably end up considering their push into Africa atm.Aim would not be able to afford to go it on their lonesome.
d.
mumbwa jv but bhp can claw back, page-7
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