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Ann: MRG Shareholders Approve Mozambique HMS Acquisition, page-29

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  1. 2,192 Posts.
    lightbulb Created with Sketch. 77
    Hey Chaya,


    BOD is up to it. Stated unequivocally that there focus in on Mozambique. Clever strategy farming out tenements and selling Sweden.


    High grade, huge resource at 1.9 Billion tonnes at 4.7 THM. I hope we get one of those 'bubble' graphs showing world deposits.


    Mozambique seems to be much friendlier, stronger governance than other African nations. No offence, but South Africa, DRC, and Tanzania seem to changing mineral legislation consistently. LNG and oil investment in Mozambique from the majors Exxon, Anadarko and Russia's Rosneft is in the hundreds of millions. Bodes well.



 
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