Ann: Trading Halt, page-128

The potential of Manono with tax concession would also be on the majors radar.
this is what the previous post highlights.
If management can secure the tax concessions that would provide a huge bonus in negotiations,
Agree with you about not getting too far ahead.
I would like to see an off take with equity in the next 4 months so not to have another SPP .
Lots of talk by management and timelines of production by 2020.?????
Need action in O/T with equity.
How can a successful BFS happen without it.
Banks will not provide construction finance without it.

Otherwise production by 2020 is utter bull shi .......

NEXT STEPS ▪ Complete drilling program H2 2018 for infill and exploration drilling programs are in progress.
These programs are designed to: ‒ Infill and expand the current resource base. ‒ Select core to be utilised in the expanded metallurgical test-work programs. ‒
Substantially upgrade the resource categories from the Maiden Resource. ‒ Confirm geotechnical parameters for open pit mine planning.
▪ Detailed metallurgical test-work in Q4 2018. The metallurgical test work and Full Feasibility Study (FFS) is expected to take 6 months to complete. ▪
The Company intends progressing the Manono Lithium Project to FFS immediately. As well as improving the accuracy of cost estimates, the Study will provide additional definition on the Project’s infrastructure requirements such as water, power and transport as well as potential credits for Tin & 5 year tax concession.
▪ In parallel, the Company intends to continue engaging with potential investment & off-taker partners and finance providers.
ALL IMO