Excellent news, the Surda mine contract has been officially extended by 3 years. The Surda expansion contract has been ratified. The income is now greatly improved as the contract now includes the increases in price as per the arbitration award win. Should start seeing a marked improvement in the quarterly cash flow reports. The Rakha mine contract will begin in the next month or two now that the environmental approval has been received.
IRL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held