It wasnt something I ecpected as well. On there last ANN they said they are very close with offtake agreement. Anyway I did made a phone call and did get a call back. there is no doubt that everyone is optimistic about the project. I did ask them I thought we are waiting for the offtake agreement. He said those things take times and we should b looking at around month or two. It will be bit different deal then Nisui. Apperently there are 5 or 6 companies they are talking too. I did asked about Naif and other companies are getting aproved but not the SFG and he did say that they are aproved with condition but sfg is shovel ready. And of course he said will take time. finally our chairman is seeking to convert not only 3 million but 10.4 million into shares and thats the confidence we get I suppose.
SFG Price at posting:
9.6¢ Sentiment: Hold Disclosure: Held
