Colossal Resources - CLPZF - Colbalt in Zambia Message Board

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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia

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To: kfdkfd who wrote (307)	7/2/1997 4:41:00 PM
From: kfdkfd	of 501

I'm attempting to analyze this release. First no mention of 3rd electric arc furnace which was to be up and running in May. Second I'm completely confused by the refineries ie. PGM refinery, Marplots, Barplats. I know plant in Kabwe, Zambia but SACOLCo is about to award a contract for design at what facility? I can't piece together where processing is going on, it appears at Kabwe and no where else, is this correct? Cobalt sold looks like a revenue of appox. $280,000 to $300,000 with July to double these amounts. Note mention again of other projects. At least we appear to be moving in the right direction, however, many open questions still remain ie operating hours of plant, 3rd furnance, South Africia operation etc. Also date of release not today yet released today?

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