In one of the announcements it was stated:
•The granted licence (Prospecting Title) was granted 25/02/2022 and is valid until 25/02/2024, at which time the term may be extended for an additional 5 years. The licence is maintained in good-standing.
Hopefully this is just the announcement that the extension has been granted.
Or it relates to one of the conditions precedent to the Sinomine agreement: Registration of the transfer of the Namibe Licence (Prospecting Licence No. 001/02/01/T.P/ANG-MIREMPET/2022) from VIG World Angola Lda to TYX-subsidiary, Angolitio Exploração Mineira (SU), Limitada (Angolitio), currently with the Ministry of Mineral Resources, Petroleum and Gas of Angola;
Cheers!
Catweasle
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