The progress since the AGM has been good.
But remember, even in Australia once a bank has agreed to lend money to a miner, the terms of the loan have to be negotiated, the loan contract have to be especially drawn, after those terms have been agreed. The loan contract is not like a bank standard house mortgage contract. The government officials then have to agree to the terms of the contract, the Minister in charge then has to formally give his or her written approval to the terms, once this is done the general public has to be officially notified of the approval, this is done by a gazetting in the relevant monthly government gazette of the approval. In all Australian States all that takes time.
Why should it occur more quickly in Senegal?
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