I’m not sure Jackkkk I’ll have to go back and look at the...

I’m not sure Jackkkk

I’ll have to go back and look at the ammouncments (a few years back now) where the JV was first announced. My point is that all the rubbishing of RM and Axiom and the BOD cleverly overlooks the fact that it is Axiom KB that has been awarded the mining licence. The ‘KB’ represents the SI people’s 20% equity in Axiom KB. The granting of the licence of San Jorge is a very strategic development that I think many have perhaps overlooked today.

We know that the Kolosori deposit is the true prize (with JORC) and that it relies on SAA being achieved with the Kolosori people. Well the company that the Kolosori have 20% equity in (in some form or another) has just been given the approval to mine, extract and export ore containing nickel. Albeit perhaps underprepared as our ‘resident mining guru’ has gone to great lengths to point out.

My question remains - has anyone thought what effect this may have on their preparedness to get on board and consent to a SAA?

I am confident that our ‘resident mining guru’ knows what this may mean.

O&O