Ann: Market Update, page-30

Extract from your post

wrong wrong wrong. They are waiting on the African govt, then will send the funds. It was a condition precedent and the proposed use for the funds. If it all falls away, then the second option will be considered. They ain't writing cheques and then letting ANS decide how it spends it.. They want Sundance

unquoted

you are so naïve. Up to now, ANS/WAPRC can not show to investors/shareholders that they have obtained the approval from China's NDRC Shanghai office to invest $100 million in ANS-Australia.  Without China's NDRC approval, even though WAPRC has the money and the Mbalam convention extension is granted, they can not remit to ANS, Australia. So your conjecture is wrong.