Banagher, they are still waiting for the minister's signature on the Iron Ore deal in Guinea, but are hopeful( fingers crossed ) that it will still be done this year. The gold in the Congo is just a potentially big bonus, as if the Iron deal is done, that is the REALLY exciting acquisition and would be the first producing asset as it is very close to surface and relatively easy to get out of the ground.
They are still negotiating a coal deal, which is gravy.
Oh, and don't forget that the Congo tenements are next door to a little company called De Beers!
Banagher, they are still waiting for the minister's signature on...
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