Ann: Quarterly Activities Report, page-3

They only need to show progress on the funding to get a further 6 month extension....the question is are the recent meetings with potential funders etc progressed beyond what was previously acheived and will this be enough for the Cameroon Government to issue an extension. Cameroon Government have not progressed their part of the funding either. Government must have a plan B in the winds for sure.

Note on quarterly would indicate meeting was incomplete at the time of issuing the report.
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* On 31 July 2017, the Company announced that it had reached an agreement with the Government of Cameroon to initially extend the Mbalam Convention ("Convention") by 6 months to 26 January 2018. A further 6-month extension will be granted if Sundance can show progress on funding the Mbalam-Nabeba Iron Ore Project ("Project") either by itself or with a credible partner.

* In Cameroon, the Company has ore reserves of 154Mt at 62.9% covered by the Convention, whilst in Congo the Company has reserves of 363Mt at 61.9% under an issued 25 year Congo Mining Permit.
This is interesting note in the quarterly to highlight the reserves which have already been issued with a mining permit in the congo.

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