SYR 10.7% 25.0¢ syrah resources limited

Govt participation in SYR project

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    Hi Guys and Girls, noticed this from today's announcement by your near neighbour and was wondering what the Govt participation in the SYR project may entail.

    "
    The Mozambique Government has confirmed that they wish to standardise the Mining Contracts, as the intent of the new regime is to ensure all mining companies are treated equally and fairly. The Mining Contract must contain clauses regarding; Government Participation (continued from the previous mining regime), local content, local employment and training, incentives in relation to increasing the value of the minerals to be extracted, corporate social responsibility, understanding between licence holder, the State and the community, dispute resolution mechanism and community involvement and benefit. "

    Also not sure how that bit about "standardise the Mining Contracts" would impact you guys and girls. Any thoughts?

    Thx
 
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