I think it was the other way around. However to show you the fantastic speed of BMN's management and how great a CEO Peter Batten is actually EXT was drillng before BMN. Extract entered a JV with at that time West Africa Gold on 30 May 2005 on the Husab EPL, and actually the license was orginally granted in May 2004 to West Africa Gold. Extract got final approval to drill from the Nambian Ministry of Mines on 27th October 2005 and was approved by their shareholders announced 1 December 2005. BMN didn't get final approval to drill from the Ministry of Mines in Nambia on their licences until 29 May 2006, and didn't get enviromental clearances from the Nambian government until 18 August 2006. Therefore BMN started about 9 months after Ext. Just my opinion.
BMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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