Main news for me was re Derewo: "On 12 October 2016, the Company entered into a new business alliance agreement with PT Toba Sejahtra ("Toba"), for the Derewo River Gold Project, Papua Province Indonesia ("Derewo"). "
"The Board is optimistic of a successful outcome based on the progress which has already been made by Toba."
"Toba is now responsible for the granting of clean and clear certificates and forestry permits for Derewo as well as securing safe access to the project site. It is envisaged this process would take up to six months from the signing of the agreement."
Therefore, mid-April should see some action around Derewo with luck as that would be the end-point / renegotiating point with Toba. Good to see that it looks as though progress is being made here.
WWI Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
