Ann: Merelani Update, page-2

It's good to have an official update, and it's better to know that Merelani is still progressing, regardless of the Richland sale of their Tanzanite assets. I didn't realise that Kibaran were negotiating for additional area to the east of the existing assets, but for those who read the old geo report from the 90s on the Merelani graphite, it's pretty clear why they are wanting it longer term. 50%+ large flake distribution is pretty attractive, I guess.

Looking forward to the metallurgical results. Assuming they are in line with the previous geological report from the 90s, then they are going to be jumbo gold!! Except it'll be grey gold!