The Prospecting Licence for the Cachoeiras de Binga area was issued to Sociedade Mineira Simba Jamba Lda on the 22nd January 2004. Sociedade Mineira Simba Jamba Lda is a wholly owned subsidiary of Simbajamba Mines Ltd.
Simbajamba Mines Ltd was incorporated on 19 January 2004 - founder and Chairman Peter Mark Smyth.
The leases are usually for 3 years at a time but yesterday's ann had the renewal date 6 March 2009.
Just another one that doesn't make sense.
CVI Price at posting:
1.0¢ Sentiment: Sell Disclosure: Not Held