turnaround, page-69

Is there a statutory 30 day period for comment relating to the mining agreement after it is posted in the Angola Journal? Have the agreements even been made official yet? No press which is disappointing so the projects must be of little value or there is some nasty African surprise waiting. Resource nationalisation, terrorism, corruption and low oil prices delaying development of the proposed port are some of the risks.

It is a shame because everything for the last few months has been positive. MNB has paid debt, signed a licence even though they have not disclosed any information about the agreement and engaged the services of the project engineer who worked on BSE's mineral sands project (as per last qtrly).

The market is not interested in the stock though and that is all that matters.