Here goes.
1. Mumbura- Rigs on site as of early last week. Aim get a weekly update, but have not recieved this week. Drilling was going to be started early last week .
2. Perkoa Assay results---Still what we always hear. Backlog in the south africa labs. New project manager is visiting labs to try and speed up process. Aim is looking at other alternatives to send any other samples for analysis. Backlog gobally, in all labs.
3. Canada Listing- Final document well under way- Aim wishes to have the final document available for board review at end of month.
4. Court Action- Aim sees the north south as being very agressive, past histroy tells them that they have had this appraoch with other companies Apparently if you google, see north south past histroy.
5. H20 at peroka- H2o removed, action/process being installed to avoid repeat. The wet season apparetly was way above average.
6. Offtake deals- Still told very close- Companies involved trying to tie up there end. Improve enviro concerns on recieving product.
7. Fininace- 50 million required to finish project. Awaiting finial docoument 43101. This will also allow working capital.
All still full steam ahead.
Cheers
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