perkoa financing changes, page-4

I suspect that they wouldn't be able to easily offload Mokopane at any substantial profit as a result of the Black Empowerment hoo-hah that has to be dealt with in South Africa. It took forever for AIM to get their old order mining rights converted to new order mining right and a lot of hoops had to be jumped through in order to get their licences.

A buyer would have to negotiate the same obstacle course and this will have an adverse affect on the possible price AIM could get for Mokopane (unless one of the neighbouring mines wanted to acquire it). I think whilst this project has some nice minerals in it the hassles of dealing in South Africa may prove to be a major difficultly in creating value for Mokopane.