re: News: ZYL Ltd announces drilling and BFS ...
The positives i've gleaned from listening to the announcement.
- The overall timeline to production has not been affected.
- The Data on Mbila was transferred from an old system to a Digital one before ZYL took hold of the resource. There were some discrepancies found in the transfer & these are being clarified. The 3D modelling assisting in doing so.
- Continuation of resource discovered, which could be material.
- In a nutshell, Crossing the T's & Dotting the I's with regard to the Mbila resource. To improve the geological modelling & confidence in the resource. The results of which will be included in the BFS, then used to secure the funding.
All in all, a much needed update. Benning is Walking the Walk on this one & i'm quite happy with the way things are progressing.
ZYLots, our day is drawing closer.
Pandelis
HWK Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held