Miningnut,Even with your somewhat smaller holding I thought your...

Miningnut,

Even with your somewhat smaller holding I thought your invite would have been somewhere high up on the list!

Anyway looking at those presentations a couple of things I thought look interesting

1. Kolwezi Tenements:

Guesstimate from the company of a total resource for the tenement of 880mt @ 4.5% copper and 0.4% cobalt for 39,600,000 tonnes of copper and 3,520,000 tonnes of cobalt. At current copper price of $7,500 a tonne and $45,182 a tonne for cobalt ($20.50 lb) insitu resource valued at a lazy $313 Billion US dollars. If they're only 1% correct its worth $3.13 Billion.

I was suprised by this considering the conservative nature of the companies statements in the past.

2. The western step out of the drilling at the 3rd orebody at Tshifufia Central extends at least 175m to the west from the intial western boundary of the 3rd orebody - considering the purpose of the drilling was close off mineralised zones this would imply they kept hitting mineralisation out to that extent (or they would have stopped)

Thoughts anyone?

Cheers

Jabbar22