IEC 0.00% 0.2¢ intra energy corporation limited

Chairman Buying, page-9

  1. 8,083 Posts.
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    Hmmm I guess I can mention what Graeme told me. Hopefully it's not in breach of his trust as I only want holders to share the good news. Reading between the lines I assume it's one and the same -

    "We understand that the lease taken from us and given to Dangote Cement has been taken from Dangote Cement and been re-assigned to Tancoal with several other leases being converted to mining status. These are currently in the Ministry of Mines and we understand they have been signed but not issued."
    "When returned the coal resource will increase by approx. 80 million tonnes, however this is mainly deeper coal."
    G/R.

    I've been quite vocal about the loss of those licences, so this will be good further good news!



 
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