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serena

10,370 Posts.

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20/11/19

23:08

Post #: 41542859
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Originally posted by Praetor: ↑

Rubbish Serena.

Ding & the ANS Crew turned up with a better plan, a ton of heavyweight partners, obvious funding options and a clear path forward.

It’s taken so long because it’s was an ungodly mess that had to be un-tangled and then re-engineered to succeed. The Cam Govt have been burned on this project for decades. They need to have trust and sometimes that takes time.

Forget the $100M, that’s not going to move from the nominated owners account UNTIL the deal is signed, sealed & delivered.

Would you allow $100M to leave your bank account without absolute certainty? No, you would not. And what is that certainty? It’s a signed mining convention.

THAT is what we wait for. THAT is what must be delivered.

Only then does the rest of the apparatus come into play.

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OMG You are out of date, my friend
They have removed Mbalam from the acquisition deal. The Mbalam convention extension is no longer put as hurdle in the acquisition deal.
The current acquisition agreement only covers Nabeba tenement in Congo. So no more excuse, please.

ANS Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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Oakajee, page-59

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