Thought this ASX release from May 2009 might be helpful in providing some background.
http://www.asx.com.au/asxpdf/20090512/pdf/31hk128jj4vzs8.pdf
Presumably LionGold are seeking to acquire the 70% holding that SBL acquired from Mwana Africa PLC. I think the Ghanian Government hold the remaining 30%.
If so, what do the Ghanian Govt think of the proposed offer I wonder? (I suspect that they might be pretty keen for it to go ahead).
Anyway it appears that all the Terms Of Purchase have not yet been satisfied by SBL. Be interesting to get LionGold's take on that.
Wonder what LionGold's plans are with respect to the manganese?
So many questions!
Thought this ASX release from May 2009 might be helpful in...
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