Ann: Tanzania Special Supplement Bills, page-55

Hi GL77 Nothing wrong with reposting informative news.We all pick up pieces of info some where and no need for an apology. Interestingly it suggest that a deal has been torn up but what were the demons within the deal.

Word on the street is that the 16% undiluted clause which requires clarity for the 16% penalty is directed towards unconscionable deals. Another words this sale could have been about transferring ownership to another party so they would not be impacted by there years of thieving. The new laws will make sure that the new owner will pay a penalty stalling the deal. Creative accounting is on notice...but there is more to a lost deal than floats on the surface....

Walkabout Resource have already clarified their position as they need to get on with normal business. Copped a flogging this morning but we are trading while deals and strategy can now continue as per plan. Importantly our future is not stalled by extension of trading.

Walkabout Resource will be processing 25,000 TPM delivering 5,500 TPM @22 % TGC for first three years of operation @ 183 Tonnes per day at $1687 per tonne.If you do the sums this is potentially $309,000 dollars per day of lost value.

Each day that passes while others remain in trading halt is fine by my calculations....

Croc