Social problems in the area near Nachu, page-13

Robbo, this was in the half year report that was just released, and has been mentioned further in depth in some previous announcements. Seems it is on-going, like it should be......

Meetings continued with the main village committees at Nachu to outline the process of potential mine and processing plant construction and the benefit to local employment and economic growth. These meetings included the Magnis Chief Operations Officer, the Geology team and our Community Liaison Officer. As part of the community resettlement process for the project development, a valuation of assets for all Project Affected Peoples (PAP) has commenced. The valuation is being conducted by an independent valuation company in accordance with Tanzanian legislation. While there are some 575 PAP, most comprise small acreage farmers with only an estimated 58 residences requiring relocation. The estimated cost for the resettlement will be based on a strong understanding of the assets in the affected area and the fair value for land access compensation.