Ann: EPCF Heads of Agreement for Longonjo Project, page-7

A logical conclusion Barefoot, The REE market is ripe for at least one or two more Refineries, given the size of Longonjo, its location and Infrastructure it would make perfect sense for China Great Wall to build a facility at Lobito.

This Announcement secures the future for Pensana, All box's can now be ticked: Resource, Logistics, Funding, Engineering and Construction. One has to assume that CGW are the company that was doing "Due Dilligence" last month, they obviously like what they see, have crunched the numbers and have probably completed the initial design, full steam ahead.