Finally we can move ahead. 2013 construction 2014 gold pour.
Manas is now accelerating negotiations in regard to debt financing options for the Shambesai Gold Project and
positive interest has already been received from a number of well-credentialed banks and mining finance
institutions. Manas believes the low capital cost to first gold of US$32.6M and the extremely quick payback of this
capital in less than a year places Shambesai in a strong position for attracting very favourable debt financing
terms.
Minimal dilution. The next few months we will have debt financing catalyst, drilling around shambesai recommencing and etc. It will be a busy year ahead for Manas.
Very interesting to see who these interested institutions are.
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