eGP System

External valuation is recommended for high-value mining infrastructure and geological assets to ensure fair value compliance.

Subsidiary records should be updated to reflect dormant status while maintaining asset accountability.

Requests

1. Perform asset valuation for KTM, i.e. Mine houses at KTM, Plant and Equipment at KTM, and Bulawayo KTM house. Produce two reports — one for 2025 USD$ and the other for 2025 ZiG.
2. Valuation of Defold Mine company assets producing two reports one for 2025 USD$ and the other for 2025 ZiG.
3. Establish the value of exploration done at Todal mine and any other available assets.

7. Conclusion

This exercise is critical for ensuring audit readiness and compliance with group reporting obligations. Your cooperation in executing the outlined tasks within the proposed timeline is appreciated. Please acknowledge receipt and confirm readiness to commence.