news released, page-21

Can anyone clarify the following;

Was the original Perkoa budget of $140K quoted before the agreed enhancement of Zinc output to 1 million tonnes per annum.
If so have Glencore spent the extra 40K on upgrading the mine infrastructure to allow for the expansion in production?

Also has any of this $40K extra spend been used on infastructure to opencast mine the silver & lead deposits at Perkoa.

My point is if this $40k has been spent on the agreed enhancement programme it may well be money well spent.

I recall all the talk about enhancement proposals from Glencore and BTR board approving it but no budget increase was mentioned during statements to market.

I do think Scott should have clarified the situation to shareholders in the statement today to reassure the shareholders. That said confidence in Scott has been upheld by the fact that only a tiny percentage of shares were traded today.

Comments please !!