Ann: MoU with China's Largest Building Materials Group, page-145

“The bulk of it was around mining concession process”

So what process did they follow earlier with no success

The mining license application was submitted in November 2017!

5^th February 2018
“The Company recently met with the Vice Minister of Mines, who expressed his support of the project and noted Triton’s desire to have the Mining Concession granted prior to the end of March 2018”

24^th April 2018
‘The Company remains confident that the EHSIA and mining concession will be granted in H1 2018”

12^th June 2018
“A mining concession for Ancuabe is expected to be issued in the near term. However, it is not required to be granted until mining operations commence (anticipated in the second half of 2019)”

Presentation 5^th October 2018
“Mining Concession Application in final stages of application process “

From being confident we would receive the mining concession in March 2018 to the latest communications we are NOW in the final stages.

What is the issue??

Regards,
Bear