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zfx.mt burgess.drake.oh and aim., page-11

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    re: tastarga So would I Tas.

    Go figure.

    I agree,Id like nothing better than to have the offtakes and financing behind them and let DRA and Byrnecut get on with the damned thing.

    Perhaps your feel for it not hanging together is correct and they are dangling the carrot with these annmnts.

    LOI's are all well and good but I'm sure the bank/s doing the lending would like to see a signed offtake contract with a guaranteed price for the concentrate before they go handing over in the tens of millions to Aim.

    But then they are a tin pot spec in Africa and it was forever thus for such situations.I remember back to AVL's deal they had to do to get a few million and Bill Turner just about ended up with his rear end reamed to the size of the barge they use across Lake Mweru.

    But we'll see just how things shape up in the next few months.

    d.
 
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