Harlequin Posted Sat 17.21 on LSE
"Siemic as you say copper at $3m profit pa is not going to set this on fire. But it's a start and it will give cash flow finally. I want to know about the zinc and lead. When I spoke to MA weeks ago I asked if he would move the plant form J'burg to kabwe. He said they would need at least 4 by which I took to mean than the processing is sorted and as we know the volumes are vast"
So he needs 4 of them which ties into the MGS machines required as shown on the Ascot flow sheet. These things are not off the shelf and are expensive. Boxster I am here to discuss BMR and try and establish a few facts in the fog.....what about you?
it was harlequin who said when quizzing MA recently he mentioned they need 4 of them. That perhaps refers to the MGS machines, so that indicates that's still not sorted yet.
Zinc/lead from March 2014!? A bit behind schedule then. Any chance of the plant being installed and up to working capacity to achieve those output figures any time soon? Looks an unlikely proposition.
able to come to market during next week if they want to.
Likely ideally wanted to cash the lot but ran out of time, managed to get someone to take half and remaining half expired.
a jolly ship...it appears no one is down......except on paper of course.
fiasco has been very damaging to confidence in this stock, continually been dropped and yet struggled to get them away. They will know more than the ordinary PI you would imagine.