There was a very positive vibe at the AGM.
It was brief, but here are the key points:
1) Rod Zhang and Adrian Costello are in Mozambique and have been there for six weeks
2) Discussions have been had at the highest level of government in Mozambique
3) Nothing is in the bag before it happens, but there was great positivity about getting debt funding for Ancuabe - the main holdup is getting western debt on the right terms and at the best price
4) Keep an eye on the the cadastre in Mozambique for the possibility of very favourable news on Nicanda Hill - very soon
5) Getting back NH would be of assistance in securing debt finance as it could be used as security.
The long wait may soon be over
AGM Report
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