Considering their mineral sands op is composed of 5 guys standing in the middle of the desert with a sand sifter, I wouldn't be surprised given the bad publicity, that the MME will reject their license once their up for reapplying...
I used to pro this aspect of this company, but after seeing the actual photos and the YEARS and YEARS of continual "exploration", I've given up all confidence with these clowns. They should have been in production in the beginning of this year. It seems like their 5 years of being in Namibia has gone to vain. It doesn't take 5 years to explore your tenement!
Considering they have valid potential to profit from a largely low cost/high profit operation, it poses the question....Why were they wasting time on the Uranium instead of carrying on with the skeleton coast op?
I would have a hell of a lot more respect for this company if they were in production...
Until then, I s*it on Nikolaenko's grave!
RTM
reefton mining nl
