Exactly. Fresh start with a decent acquisition.
DNK have not met the expenditure requirements to maintain the Colluli license going forward. The Eritrean government want to see the project developed, it's taken far too long. Considering the situation, this deal is the best outcome that could be achieved by Seamus.
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- Ann: Term Sheet Executed in Asmara for Sale of Colluli Interest
Ann: Term Sheet Executed in Asmara for Sale of Colluli Interest, page-16
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