RE:RE:So where did the money go? @Watchdogontario: Regarding Nampala, this project will continue to do the expected job of generating profits in support of business growth. Even if Kiniero is now Robex's flagship project, it is not intended to replace the Nampala project.
Nampala will continue to renew its resources and deliver the goods for many years to come. Robex now has more than ~200 square kilometers of permits surrounding the Nampala project (Mininko, Kamasso and Gladie), in which the discovery of zones with gold grades below 1 g/t is sufficient to extend the life of this mine . Drilling is currently underway.
Given the efficiency of the plant and the increase in POG, Robex has also reduced the cut-off grade from 0.30 g/t to 0.25 g/t, which has the effect of qualifying more ores for mining, extend the life of the mine, and reduce transportation costs to the tailings yard. In other words, a liability has been transformed into an asset.
Beyond the benefits, Nampala is the equivalent of a proof of concept that validates the quality of the model developed by Robex. It is this model that seduced the Sycamore group, whose efficiency is unequivocal.
Regarding your main concern, I remain confident that communication to shareholders will continue to improve, and that more communications will be published in order to diligently follow the evolution of the projects. Nevertheless, it should be understood that the management report and the corporate presentation (available on the Robex website) have become reference documents, constantly evolving and of high quality for the relevance of the information and for the careful presentation. Consequently, I suggest that you regularly refer to these documents, which will facilitate the management of your concerns.
GL