Ann: Epanko Bankable Feasibility Study Corporate Update, page-16

Just a waiting game atm as all boxes have been ticked really - freaking boring to watch but that is just right now, it won't be boring for long.

1. The EOI is contingent on a positive result of an evaluation of the commercial, legal, ecological, social and other aspects of the Project, including the feasibility study currently being undertaken by GR Engineering and receipt of the Environmental Certificate, which is currently being processed by the Tanzanian Government following the completion of the Environmental and Social Impact Assessment.
   
   
   
   One negative since the EOI was announced is that the aud had weakened as the 20 million euro 4 months ago converted to 28million aud wheras today it's now 30 million aud - of course it goes both ways but