Ann: Cornerstone investor secured for Manono Project, page-144

As somebody said last week, if it makes the cut for the ASX 300 then it will be interesting to see how the stock price plays out with index funds allocating into the stock.

I think it would be good if we can do a bit more drilling on the Manono extension in the next twelve months albeit the management capability is somewhat stretched as it. I guess they will have new directors on the in country project team now as CATH will surely have involved at that level in management now.

I look forward to the granting of the mining license, SEPP announcement etc and the updated BFS to follow. It will be interesting if AVZ use their pre-emptive rights for the additional 15% if it is in fact available. I few elements of the announcement could have been cleared up in this regard but hopefully will be on mining license being granted. Do we need to await the funds clearing the account for the mining licence to be granted as a condition of financial capability? Does anyone know?