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3.8¢ black rock mining limited

Ann: BKT PFS completed and confirms high margin low cap-ex, page-4

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ddzx

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24/04/17

09:47

Post #: 24227829
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Originally posted by robbo24 ↑

On page 57 they make their only mention of relocation of locals. BKT says the process is well defined for entry and relocation. Interesting, given that the principles to which this list of banks are members has been found not to be met by Tanzanian legislation. In fact, the Equator Principles require a considerably higher standard of relocation planning and compensation.

This is fine if BKT intends to borrow or equity raise from a non-signatory of the Equator Principles but who does that leave to work with when it comes to funding the US$159m required for this project?

Why did the CEO quit?

DYOR - this is more complicated than it seems.

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oh dear. how pathetic

the CEO has not quit. the CEO is a geologist & did his work, for which he has 12M shares

time for Steven to step aside for a more suitable CEO, as the announcement said

as for the CAPEX, it is $90M, for stage 1

any construction of stage 2 will be from cash-flow

Last edited by ddzx: 24/04/17

BKT Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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Last 3.8¢		Change -0.002(5.00%)		Mkt cap ! $66.35M

Open	High	Low	Value	Volume
3.8¢	4.0¢	3.8¢	$20.91K	546.9K

Buyers (Bids)

No.	Vol.	Price($)
2	60755	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	105584	1

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No.	Vol.	Price($)
1	719300	0.052
3	881483	0.051
6	309803	0.050
1	1800	0.048
1	11111	0.045

Price($)	Vol.	No.
0.053	142417	1
0.055	150000	1
0.057	172700	2
0.059	250000	1
0.060	100000	1

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