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
NZC Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held