I'm considering an investment in Moxico Resources PLC, which has major copper mining activities in Zambia, ramping up significantly through this year with $100m investment.
The company plans to IPO in 2021. The chairman is hinting at a flotation price at least 6x current share price.
Too good to be true?
Appreciate any thoughts from anyone with more expert knowledge of the mining sector or knowledge of this company. Board and CEO seem solid.
https://www.zambiawatchdog.com/british- ... in-zambia/
https://www.trigemdmcc.com/the-founders/
Many thanks
SB