EXT excite technology services ltd

minister rejects nationalisation charge, page-6

  1. 11,779 Posts.
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    "Its still not 100% clear- IF Epangelo gets to have MLs for strategic minerals in the first instance what does this mean for PENDING (ie Husab) as opposed to EXISTING MLs?"

    An example is given by Katali that helps clarify the situation....

    "The Haib deposit in the South is also considerable and one that the Minister would like the State to get involved in. The current license holders have had exploration rights there for a very long time and little progress has been achieved over the years."

    "Other projects will be identified for potential State company participation and submissions will be made to that effect", Katali said.


    It appears this only concerns stagnant projects. (ie projects where nothing as happened for a considerable time.)


 
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