Probabilities:
1) New loan agreement with RMB raising some $10mil - money that's definitely needed considering the current repayment schedules to RMB & Gecamines and the heavy exploration & development expenditure.
2) Second ball mill to be on-line this month at Dikulushi - making it possible to start earning $5mil/qtr as from July.
Possibilities:
1) Good drilling results,particularly from Mutoshi cobalt project.
2) Small placement if the RMB loan doesn't come thru in time.
Long Shot:
1) Philippines gold project details/agreement.
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what will june bring?
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 391338 | 0.021 |
4 | 224995 | 0.020 |
1 | 166665 | 0.018 |
1 | 40000 | 0.017 |
1 | 1000000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 263850 | 1 |
0.024 | 200000 | 1 |
0.029 | 70808 | 2 |
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