WC,Not constant negativity. I cant afford to make any mistakes,...

WC,

Not constant negativity. I cant afford to make any mistakes, as this sp could still go down by 40%.

It seems to me STB put an offer to Eritrean Minister of Energy and Mines and ENAMCO for a 50 / 50 profit split with STB paying 100% of development costs. But there has been no update on that. We dont know if that has been accepted.

I will wait for an announcement on that and any financing strategy. As that is critical and it is simply too risky for me to gamble on.

The bankable feasibility study can not be announced until the above is known.

Where do you get the date of the DFS is due in March, all I have read is 2013?