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Ann: 121 Mining Investment Hong Kong Presentation, page-32

  1. 579 Posts.
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    Ok JJ and bin your both right. Its better to lower expectations at this point,

    bin on the grade stuff- just to point out in JORC (without checking) we still have about 60 tons wasn't it at 0.14% cutoff.

    yes the copper sulphate heptahydrate production will also increase capex - but i have no idea on that cost and didnt ask.

    But these German govt low interest bank loans available for developing Nambia - if they can land one - will help on the repayment side at back end.....These loans are most likely if the project is in the green space , longterm benefits for Nambia and if in cahoots with a German company??...(tick tick and possibly tick???... cough cough)

    but ok then lets talk capex of 500 mill USD in our models to lower expections and work from there. then were hopefully available for a nice surprise on SS day..
 
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