Very little volume going through - a watch and wait period, with news coming by the end of the month. From the June Quarterly, 31 July:
"Progression of formal Sale Agreements has continued. Delays have been experienced due to finalisation of the formal approval process in Mozambique. This is now defined and a pathway towards approval is understood by the parties. The parties are negotiating the final terms of the binding comprehensive agreements and MRG are hopeful to complete this in the coming month."
Looking for JORC resource of 350Mt at 5% THM within 24 months. GLTAH
Cheers
BS
MRQ Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
