Thanks, have been holding this one for some time, the appointment of Peter Meagher (who gets paid in 6c options) was enough to rouse my interest. From his time with Extract resources (taken over for $2.2b) he has vast in country experience. While MOD and Culpric have the lions share of the KCB acreage within Botswana there was a clear opening across the border in Namibia so today's announcement is everything I was hoping for.
The KCB as many know extends well into Namibia and studies have found that the copper, mainly hosted in the D'Kar formation is thought to be of higher concentration on the Namibian side where the belt begins to taper.
As exploration and drilling step up I expect results to reveal that KMT are sitting on a copper deposit which is on par with the neighbors to the NW
Thanks, have been holding this one for some time, the...
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