Not much posted, here anymore.
To my thinking the Country Visit on page 2 is the most positive thing I've heard in ages. Text from page 2 in Italics.
During the quarter the Company hosted a country visit with representatives and principals from its proposed cornerstone shareholder, Shandong Yulong, in Mozambique for due diligence and early engineering purposes.
The delegation also included representatives from a major Chinese mineral processing equipment supplier.
The major Chinese mineral processing equipment supplier who accompanied the delegation on the country visit, is the supplier of the main components of the process plant of the Nipepe project, which provided Shandong Yulong and Company representatives confidence in the providers ability to build processing equipment in Mozambique of a comparable size to that required by the Ancuabe Graphite Project.
The delegation gained an appreciation of the extent and success of Chinese investment activities in Mozambique, which is both prominent and welcomed in Mozambique. Chinese investment and businesses are involved not just in mining projects but in range of other businesses such as cement manufacturing, civil contracting, security, real estate development, logistics, hotels, restaurants, casinos and shopping centres, which demonstrates the opportunity to collaborate with local Chinese businesses all of which further strengthened Shandong Yulong’s confidence in the project.
As part of these meetings with the Government, discussions were held with respect to the potential reinstatement of Nicanda Hill and discussions continue in this regard.
All of that would have impressed Moz Gov officials, I think.
I'm thinking that large delegation, will only strengthen Triton's claim on Nicanda Hill, when construction of Ancuabe is finally started.
Sorting out the NH license while expert teams are working on the mine construction at Ancuabe, would be an ideal time for the Moz Gov to reinstate the permit to Triton - possibly with a reduced share or reduced permit area??
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