Spoke to a geologist at EPD who has recently returned from 2 years in Lesotho. He will return to Lesotho soon before going out to Finland to work during the winter season. Was optimistic about the future but thinks a share price move upwards will not occur until the City sees what revenues are generated from late January sales onwards. Hopeful that Main will have zones within it which match the grades of those in the Satellite Pipe. Also said that the weathered clay in the kimberlite is not quite as deep as had been feared which is a good thing as far as production rates are concerned. Was certainly heartened by his overall tone and belief that a little more patience is required. He was also interested to know what I felt about the web site. Suggested that regular additions of photos of work in progress would be helpful to investors.
I missed Anom's post on Sunday which was annoying as overall I find his posts very informative. His detractors never have any evidence to back up their own claims that EPD "lie and hype" . I must be very thick because I don't know why Anom pulled the post. Could it be that a larger company wants to form a JV with regard to a quicker development of Main? Interesting to note Sunrises JV with BHP yesterday related to geological data in Finland. Would have thought that overall this is a good thing as it highlights the potential of the Karelian Craton to a wider audience.