Profit, page-56

Thanks for clearing that up Iman.  Thought I would add a little more, this from the company website:

"Are the licences and agreements for the Agbaja Cast Steel Project in the name of Kogi Iron or another entity and how secure are they?

The licences are all held by KCM Mining Ltd which is 100% owned by KCM Mining Holdings Pty Ltd, which is itself 100% owned by Kogi Iron Limited.  So, the assets are 100% controlled and owned by the shareholders of Kogi Iron Limited.

The Mining and Exploration licences and the Community Development Agreement are all held in the name of Kogi Iron Limited or its wholly owned subsidiaries and not any one individual officer of the company or person and, as such, reside within the Kogi Iron Limited group as fully owned and secure assets.

All licences and agreements are current and in good standing and all fees due have been paid by Kogi Iron Limited or its wholly owned subsidiaries."

http://www.kogiiron.com/faqs