With Indaba fast approaching I have no doubt that we will see some key announcements make there way to the ASX. The timing couldn't be more perfect and I am sure JB and co are fully aware of the fact.
The difference between Indaba this year and last year is that Penumbra was meant to kick off in Febuary which would have co-incided with Indaba but it didn't. This year Penumbra is probably only 6 months away from production which is a big difference. Throw in some positive news on drilling in Botswana early Feb and and the acquisition of some more land around Fererra and we have a recipe for a complete change in sentiment.
No doubt SIOC will be consumating their agreement before or during Indaba as well. The next 6 months will be good for Conti shareholders IMHO.
Go Conti.
PS keep an eye out for some JV at DeWitt. Like Don Turvey happened to mention at the AGM lots of spare capacity in and around DeWitt.
With Indaba fast approaching I have no doubt that we will see...
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