Oct 18 News Still to Come, page-19

From an email to management on 31-08-2018:

I noticed in the ADU presentation that there was no mention of Nedbank. What happened there?

No answer to the above.


From an email to management on 25-09-2018:

Below are some excerpts from the Annual Report that may help explain why myself and other shareholders are not exactly sure where the finance discussions are what we are waiting on:

" Project finance discussions are well advanced, with lenders awaiting clarification from the Mining Commission on various aspects of the legislation affecting lending arrangements."
"Epanko is now ready for development. It will comply with the new mining regulations and is only awaiting the completion of negotiations with the Tanzanian Governmentto facilitate bank financing."
Can you elaborate on exactly what aspects of the legislation we are awaiting clarification on and also, what is the nature of the "negotiations with the Tanzania Government"?

I feel that the finance updates provided thus far have lacked detail and are somewhat vague. I appreciate that some aspects of finance progress will need to remain confidential whilst discussions and negotiations are ongoing, however if you are able to provide further detail that would be most appreciated.

No response to the above.

I too thought that Continuous Diaclosure would promp an update to the market on Nedbank - I guess not.