The release back in august stated It says the receipt of NDRC provisional approval is an essential step towards achieving all necessary Chinese regulatory approvals, which in turn is a condition precedent to the completion of the Scheme. "All other regulatory approvals, including final NDRC approval, the sign-off of the Mbalam convention agreed terms by the Cameroon Head of Government, and the issuing of the Congo Mining Permit, are required by the second court date which is scheduled for early November 2012. The scheme remains on target to be implemented by mid-November 2012," the release specifies.
SDL Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held