KCM hasn't been mentioned in the past couple of months because it is a non issue.
Livas' post makes it clear that the company has good relationships happening at the local level, the CDA is extremely important, the recent announcement on 7/9 clearly shows the company has good relationships at the national level.
There is this as well, from the governments own website*: "Burston’s Kogi Iron (ASX: KFE) has a mining licence and community agreement in place to underpin an ambitious plan to tap vast low-grade channel iron deposit (CID) resources on the Agbaja Plateau in Kogi State to feed a cast steel plant that can replace some of Nigeria’s US$15 billion a year of steel imports. After meeting with Bawa Bwari in Perth, Burston said recent testwork by consulting engineer Tenova confirmed Agbaja ore was amenable to production of a beneficiated iron ore concentrate suitable for the production of pig iron, as well as a refined metal suitable for the production of billet."
http://www.minesandsteel.gov.ng/2018/09/10/discoveries-could-spur-bolder-nigeria-industry-plans/
* note the name of the ministry - what are kogi planning on producing, the company is in lock step with the nation's ambitions.
- Forums
- ASX - By Stock
- M4M
- Profit
Profit, page-54
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add M4M (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $125.9M |
Open | High | Low | Value | Volume |
3.5¢ | 3.7¢ | 3.5¢ | $168.6K | 4.696M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1670812 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1670812 | 0.035 |
5 | 1307586 | 0.034 |
3 | 420000 | 0.033 |
2 | 130000 | 0.032 |
3 | 650000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 300000 | 1 |
0.038 | 866788 | 5 |
0.039 | 486000 | 1 |
0.040 | 1336014 | 5 |
0.041 | 1239723 | 4 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
M4M (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online