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QGC.co.za has been updated to include Edenville and future project
Kabwe zinc est 6.8 Mt @ 13.3% Zn
QGC is currently in the end stage negotiations in respect of a high grade Zinc and Lead asset in the heart of Zambia.
Which Project site has produced results of the presence of Zinc at an average grade of 13.3% and Lead at an average grade of 3.3% with the reserve set to yield approximately 6.8Mt.
The site further presents opportunities for sulphide ore mining as well as further exploration in the hopes of increasing the current declared yield.
This transaction will represent a value growth increase from 801 Million USD to 1.03 Billion USD
Blimey. You think this project will be injected into EDL?
Looking strong here and my eye is on the 25p warrants as a near term target.
They won't cash warrants untill well over 25
Similar in maru. Many of the 5p warrants are getting converted at 10p share price
Well of course, if they priced them at 25p then it follows that they expect the price will be well over this figure.
worth joining the @edenvilleenergy @shukaminerals_ telegram group
****/c/1963546641/6…
this is just the beginning and lots happening
#edl #zinc #coal
I hope that this is nothing to do with the old BMR Kabwe tailings "asset". Any BMR veterans will know to stay well clear of that!
Add on days like today before she moves up again.
No idea - but things change and im very confident whatever the asset theyve done suficient DD
You only need to look how Marus blesburg stockpile was once a waste dump and now has a potential value over $300m - that requires no mining and little processing - i suspect that will bring revenue of well over $100m a year
So whatever the zinc asset if similar im very happy
Those magic words potential and suspect.
Of coursxe its potential and suspect - how could i be 100%
Show me a share where its all guaranteed and fact - if that unicorn exists itll have little of no growth
Ive done what DD i can and im happy with my risk reward ratio - guess over coming months we'll see if im right or not
Nothing moves up in a straight line but as long as the trend is up im a happy investor
Thinking this will follow a similar trend to maru - but everyone DYOR and take positions - or dont - your choices