In the long run, many analysts are optimistic about the development of copper due to its close relationship with the growth in demand for electric vehicles.

Kevin van Wouw hopes to develop more basic metal resources in the Botswana area. He said that there are still many potential mineral resources still to be discovered in this area.

Cradle Arc, formerly known as Alecto Minerals, was re-listed in London's AIM market in January. The company provided approximately $8 million in funding for the Mowana mine.