AEV 0.00% 0.4¢ avenira limited

moratorium on marine phos mining in namibia

  1. 148 Posts.
    Hi all,
    I thought you'd all appreciate the significance of the following news:

    http://www.namibian.com.na/indexx.php?id=3747&page_type=story_detail&category_id=1

    Another endorsement of the disciplined & determined focus being displayed by current management. We are not only clear of this unfolding drama in Namibia, with a sharper focus than ever on succeeding at Wonarah, but we also have an extra $25m in the bank thanks to a providential exit from NMP.

    Well done Cliff & all else from the team involved in negotiating the sale of our Namibian interests to Mawarid Mining.

    Looking forward to news out of Fort Meade in due course.

    Cheers
    Brett
 
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