sub soil license granted

The Company refers to previous announcements concerning the Implementation Agreement with Tauken Samruk (“TKS”) concerning the Spasskaya Copper Field.
The Company has become aware of public reports that the Sub-Soil Licence (“SSL”) has been received by TKS.
The Company has not received any official confirmation from TKS however the Company is, from statements on TKS’s website, aware that TKS has notification of the grant. Following informal enquiries it does appear that the SSL has been granted to TKS.
As announced on 19 December 2012, the Company has received official confirmation that it is the preferred partner to develop the Spasskaya Copper Field.
While the issuing of the SSL is a positive step forward for the JV, the Company is still awaiting formal confirmation that TKS has obtained shareholder approval of the Implementation Agreement from Samruk Kazyna, the Sovereign Fund of Kazakhstan. TKS has previously indicated that this is a just an internal procedure between themselves and their parent company.
The Company will be in a position to commence exploration once formal confirmation of the shareholder approval has been received.

just need sign off from samruk kazyna, looking good.