Another huge plus for BKP. Consider the enormous size of the mali acreage. BKP now has rights to minerals in this acreage. Mali is known to be very rich in minerals. Venezuelan president Hugo Chavez on his recent visit wanted to provide cheap oil to Mali in exchange for Minerals. "Mr Chavez promised $100m a year in petroleum products to help fight poverty in Mali.
In return, he said, he wants access to Mali's mineral products like bauxite, gold and fertiliser. "
You can guarantee that BKP have been getting some excellent indications through its airbourne magnetic survey.
I can see massive farmout potential for this acreage in terms of minerals-particularly to the resource ravenous Chinese who are taking up big positions throughout Africa
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