Ann: Ngualla Project Update , page-52

Sounds like management have their heads screwed firmly on their shoulders - if they were dubious about the prospect before, it means that any steps in that direction would come after some very careful consideration. Questions about it from one shareholder wouldn't make a difference in that regard.

Finding good cornerstones and long term investors will take time, and I have a reasonable degree of confidence that management are working diligently on it even as we quibble here. Step one - proving that we have stuff in the ground - has been completed (even as it is still ongoing - northern zone, anyone?); step two (metallurgy) is progressing nicely; step three (scoping studies) will have started, although I don't know how far they can proceed in the wet season.

Peak is still highly speculative, and that does need to be remembered, even if things do look very promising. As always, DYOR, don't invest money you can't afford to lose, and good luck to all holders.