I have tried to figure out what dimension the update might have. I have added the last drilling results into the Kitumba resources map and have then out of my gut feeling tried to design the "new" 0.5 % and 1.0 CU shell. I am not an geologist but I have the feeling that the update might be quite substantial and might bring the contained in situ Copper at a 0.5 cutt off at 3.3mt and would put Kitumba in the same league like Prominent Hill (or even bigger !). As I said...just a gut feeling and calculated very basic. Nevertheless this is not priced in the current SP.
KITDD_016 results might also be of special interest and might further extend the 1% CU shell.
I anxiously waiting for news from Perkoa and obviously the last drilling results and especially the ressources upgrade (also to see if my assumptions were correct. As a side effect probably the SP should raise = $$$).
Have a nice weekend.
BTR Price at posting:
$1.17 Sentiment: Buy Disclosure: Held
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