Hi Sroyle,
Thank you for taking the time to write....
Very good to get confirmation re Special Mining License. "in future years if beyond $100Mill not an issue and not trigger SML legislation."
also very happy they are not planing to develop (allocate more funds to) Merelani any time soon, as I believe we haven't hit the 'sweet-spot' in our Epanko deposit and I expect the upcoming drill results will confirm that. We will have more than enough for the next 10 years, and not having to worry re SML and the associated higher CAPEX is a big big bonus....should demand explode, then by all means start Merelani, but for now build up a strong cash flow in the next 2-3 years and concentrate on getting the downstream processing online , which I'm sure they are doing.
Did you remember to ask when we can expect 1st dividend payment?? and will AS let his hair down and open the company purse and throw a party after next years AGM to entice some interstate SH participation?
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