News Coming ?, page-8

Some reasons why I believe the CNNC deal will be consummated (just obvious stuff, not attempting to draw a long bow here):

1. CNNC has signed an in-principle letter of intent for the deal to go ahead
2. China has clearly signalled that securing reliable sources of uranium is a key strategic priority for the country
3. CNNC has recently been buying uranium mines in Namibia, including in areas next to LHM
4. Mr Molyneux has said he believes the deal will go ahead on several occasions, and not changed this advice despite having opportunities to do so
5. CNNC is already a 24% owner of the mine, demonstrating their interest in the asset (and perhaps also suggesting they would prefer for the mine ownership structure to not be complicated by the sale to a 3rd party)
6. CNNC is represented on the PDN Africa board, which suggests good collaboration and goodwill between these two entities and the free flow of communication