Nil risk of no DA Philby. Nil uncertainties I am aware of (never any guarantees of course) - follow the key progression since the lousy DPP government were replaced by a pro active mining TONSE alliance govt. IF the previous govt were still in place I would indeed have concerns.
The new Govt has already seen the first large scale ML granted in 10 years to GBE.
With that have a look at the restructure - key quality project persons and all the progress the company has made whilst they await the finalization of Mines and Minerals Bill - DA approval - such is their expectations. Could be more than 6 months for DA however unlikely. The additional changes to the MMB have been at proof reading stage for some time - once passed by Chakwera the DA can be issued - company states on website this calendar year for DA.
This wind farm project in Mzimba will lower CAPEX/OPEX considerably and enhance ESG credentials immensely. The timing of planned commissioning is obvious - they have one large customer already that validates the project going ahead.
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Undervalued and Not on Radar - DA when?, page-104
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.07M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 131159 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 48273 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 131159 | 0.042 |
4 | 54149 | 0.037 |
3 | 133700 | 0.030 |
1 | 400000 | 0.025 |
1 | 1600000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 48273 | 1 |
0.060 | 60000 | 1 |
0.080 | 460 | 1 |
0.090 | 31657 | 1 |
0.000 | 0 | 0 |
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