Is this incorrect or misleading or am I confused?

Hi All, just having a quick look through the last MNS presentation that came out with the BFS and came across this little statement and nearly fell off my deckchair

"100% owned Nachu graphite project in democratic and politically stable Tanzania "

Now I am wondering if this statement is incorrect, or possibly misleading or am I just very confused.

The reason I ask is that I was of the understanding that we had signed an MDA or something that gave 5% of the project as free carry to the Tanzanian govt so I was wondering how we own 100% of it and it and the govt owns 5%, think they also have the right to Aquire another 10% or something

Now it's been at least 5yrs since I graduated from kindergarten but I thought the two added together should equal 100%, not 105%.

So now I am really struggling with the rest of the numbers in the BFS, do they represent the 105% or only the 100% that we supposedly own, or was that 95%.

Hope some of the "mathematic" types can help.

Thanks