Gotta
I too spoke with management this morning.
Obviously with 5 or so months to go on lease, extension was required. Tanzanian Ministry of Energy and Mining don't offer extensions in fractions of a year so 12 months given. The extension needed as long lead items may take longer to source.
Nothing has changed - I still expect drilling Qtr 1 next year, good move on Zambia - bigger fish to fry here.
Now we await the formal approval and $$ (approx. 8mil Aus) and 12b hopefully in next 6months.
Also interesting to see how the Eyasi and Ugandan license/s play out.
Only two juniors leading up to drill that I can see (88e and us)
I'm still happy to see this one through to drill. Interesting to note that an Operations Manager has also been appointed so s$%# starting to get real!!
Giddy Up SWE!
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Gotta I too spoke with management this morning. Obviously with 5...
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