what happened to mou s signed november 2008, page-4

Remember that an MOU is a non-binding agreement and is basically a show of good faith only.

having said this I would expect that the 80/20 rule applies here

ie 80% of the terms were agreed on within the first meeting and the 20% left (small details) are the ones that are dragging this thing out a little bit.

Mining by Feb was always a best case scenario as far as I was concerned and probably a little ambitious given the various holdups that inevitably occur in such a complex process.

The Company ticks all the boxes as far as I can see and as such I have loaded the truck and filled the boots ;)

1 - Strong Management
2 - Simple, transparent project close to established and ACCESSIBLE infrastructure
3 - low capital costs
4 - cash at bank