Medidoc FZE, an unrelated private entity, has an agreement with...

Medidoc FZE, an unrelated private entity, has an agreement with SOKIMO under which it has been granted an exclusive right to carry out due diligence and negotiate commercial terms
acceptable to both parties pursuant to which Medidoc (or its nominee) can acquire a 60% interest in the Tendao Project.

SOKIMO would retain a 30% project interest and a local Congolese consortium would hold the remaining
10% project interest. The Medidoc agreement with SOKIMO has a term of three months expiring 6
December 2016, which can be extended by mutual agreement.

https://www.google.com.au/search?dc...131k1j0i13k1j33i160k1j33i21k1.402._CFygvlbPZY

TENDAO PROJECT
The Company has ceased due diligence activity at the adjoining Tendao project whilst DRC state-owned
entity, Société Minière de Kilo-Moto sarl (“Sokimo”) and the present license holder resolve contractual
issues. The Company may choose to reactivate its interest in this property if clear commercial and legal
structures can be established.

https://hotcopper.com.au/threads/an...report.3796491/?post_id=28326840#.WfecEHZx2Uk

This needs further commentary.

Raider