We can safely say that Matanda was never a key interest from the outset. It is dissapionting that Maher had spent so much time assessing it, and the ann's seemed encouraging, but i feel the goal had allways been Angola.
123's points about ownership of Luachisse (Diamonds), and the near term reality of production for this, will be the next test of "African process" as to ownership issues.
Im sure MS probably feels burnt over Matanda and is now putting that expensive Oxford Masters of Jurisprudence to full effect in Angola. A handshake is not going to cut the mustard anymore.
This is probably slowing down Kwanza as well, MS wants no issues of ownership to arise. It will prohibit financing and ultimatly the on selling of the asset.
Bacchus
CVI Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held