The lady I spoke to was well aware of the article - and directed my attention to Johnathan Leslie's response to the article in the Australian from earlier this week.
She said that they have ongoing discussions with the Namibian Government (&other parties) & that Namibia is a stable environment with a market based economy.
I asked what percentage of a mining operation Epangelo might have perviously taken - or want to take, and she had no comment (surprise, surprise).
I raised the JV between Namibian Gov't and DeBeers for diamond exports & she pointed out that their Namibian director (Inge) is the MD of Namdeb.
By they way, if you have not looked at the Director's profiles, you should - very deep roots in Namibia for most of them. You would like to think that they have some understanding of the political environment.
EXT Price at posting:
$6.85 Sentiment: Hold Disclosure: Held
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