Ann: Project Investment, Financing and Offtake MoU, page-23

clearly Ancuabe fiance of all forms, pivotal on signature.

The Jinhui huff puff no return ??? hardly. It simply adds more credabilty to our project, the wheel barrow of credibility is getting heavier, and the pebble under our wheel will be removed with the stroke of a pen.

Those who understand the bet, position. Those who dont, just pull sour faces from the sidelines.

"Mining Concession
Update As previously communicated, the Mozambique Ministry of Mines (INAMI) has recommended to the Minister of Mines that the Ancuabe Mining concession be granted for an initial period of 25 years (renewable for subsequent periods of 25 years). The Mining Concession is now with the Minister of Mines for formal signature and the Mining Cadastre of Mozambique has been updated to a grant date of 27 February 2019 with the nomenclature ‘assignment pending’.

Management continue to do all that is possible to secure the Minister’s signature. They have been assured that all remains in order"