Ann: Maiden Garnet Drilling Program Completed, page-38

I got it wrong before, it's actually only $4k spent in 6 months, where as I thought it was just the last quarter




I see the Inhambane tenement much like MinsMoc, which is run by a couple of Italians. It is my understanding both don't have a permanent team in Mozambique, MinsMoc has been waiting for their Mining Licence application since 2017

http://minsmoc.com/about.htm



I just can't see the timeline working when you don't have a team in Mozambique going into the office once a week/fortnight to push things along/see what is happening like some other companies do

It's got nothing to do with the money ( though if granted it's got to spent by the time the clock hits zero)

It's got nothing to do with the quality of the deposit

It's all about the timeline, the lack of a team in Mozambique, the lack of clarity but that can't be given as there is too many unknowns, I just can't see the tenement being granted in time and it's dragging the SP down in my view