NZC 3.57% 27.0¢ nzuri copper limited

Ann: Monwezi returns positive Copper and Cobalt results, page-50

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  1. 6,058 Posts.
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    Nzuri are presenting on Tuesday so we should expect an updated IP sometime this week.



    Management Profile
    Adam Smits (COO & Executive Director)
    Mechanical Engineer with 20 year's experience in Australia and West Africa & lived in francophone West Africa for 8 years. Past senior positions with Perseus Mining, TiZir Ltd, Mineral Deposits Ltd, Placer Dome Asia Pacific and Lycopodium Engineering

    Mark Arnesen (CEO & Executive Director)
    Mark is a Chartered Accountant with extensive expertise in structuring and negotiating finance for major resource projects. Mark Has strong DRC experience with Moto Goldmines along with prior senior positions with Billiton, Ashanti Goldfields, Equinox Minerals; non-executive Director of Centamin PLC
    What is your rationale for attending 121 Mining Investment?
    Raising awareness of Nzrui copper/ Cobalt an the quality of the copper/ Cobalt asset and its stage in the development curve
    What recent news would you like to highlight to investors attending?
    Recent ASX release dated 13/12/17 - A$10M Strategic investment by Huayou Cobalt
    What are your key goals for the next 3, 6 and 12 months?
    3 Months:
    Successful Leaching/ SXEW testwork program & scoping study
    Ongoing Off-take discussions

    6 Months:
    Completion of Pre-feasibility on Leaching/ SXEW options
    Commenced early-works site program

    12 Months:
    Successful exploration on the FBTJV with additional resource added to the Kalongwe project
    What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
    Key risk:- Funding of project development
    How do we overcome:- Strategic Investors Tembo/ Huayou
    In a sentence, what do you think makes your company such a compelling investment?
    Near term exposure to Cobalt/ Copper production
 
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Currently unlisted public company.

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