"The budget includes cuts to mining taxes and levies, a move...

"The budget includes cuts to mining taxes and levies, a move aimed at encouraging further private investment in the West African country."

Dajarra, many thanks.

That is really significant news! Whatever valuation Marampa had previously, it has just gone up. The timing for Marampa's float or trade sale could hardly be better. In fact, it could be that buyers for Marampa and/or Tonkolili may have been waiting and watching for this regulatory certainty before committing.

Without getting too political, IO in Australia has become less profitable due to the MRRT impost. In Sierra Leone, IO has just become more profitable. And with the Chinese looking to break the tri-opoly of BHP, Rio and CVRD, West Africa is the spot.

CFE's fundamentals remain intact - better than ever. Only now CFE is a bit cheaper than it was this time last week.

Yaq