Re: Licence news Hope so.I was first in at 4p.......
Licence news This is now looking very encouraging, day by day ticking up. Potential multi bag. imo.
Re: In for a few here get in.picking up momemtum . hope it does just that.gla
In for a few here Remember this when it was really known for IO next door to Baobab (which went very well back in the day).Be nice to see those days here again.GLA
Ticking up nicely Not long now. Volume increasing daily.
Poverty in Namibia Had a quick trawl through the literature and I must say how surprised I was by the stats relating to the high levels of poverty in N.The gov is obviously on a mission to reduce these high levels and so NRRP will have to play ball and demonstrate how its mining ops will address such issues.Extraction industries by their very nature tend to be capital rather then labour intensive and tend to export their profits to the "wealthy west".Just hoping that NRRP are on the ball in their discussions with the range of gov agencies that they have to deal with.
Re: Update. Playing Devils Advocate - What happens if the Ministry of Mining reject our proposal?
Re: Update. NRRP has submitted its Consolidated Proposal today - so this is good news. So far so good - award now imminent.
Update. Today is the deadline.. positive outcome with good conditions and we will fly.
26 April ............ our immediate next step on the licence is to submit a proposal to the Ministry of Mines and Energy in late April on those conditions attaching to the licence and look to reach agreement with them, following which, all going well, the licence would then be issued.
Re: Licence Sadly I don't think we can count on the Ministry being quick to respond to NRR's proposal - remember it's now very nearly 2 years since the original licence application.Hope I'm wrong & we see the licence awarded quickly but there will undoubtedly be decisions/agreements needing to be made on the belatedly imposed gifting of 20% of the project to Namibians.
Licence Well with no update so far regarding conditions etc, one is definitely feeling positive. Bring on next week! The deadline is upon us!!
Re: Licence Award ask is up .15 gla
Licence Award I can see this back penny share up to 3p as soon as the Licence is awarded in the next few weeks or so. We have faced a lot of heartache recently but lets hope positive news are imminent - as can be see by bottom trawling last day or so.
VOLUME IS LOOKING GOOD! Iam building my holding ready for Licence news. Infrastructure in place. Nice to have got in at the bottom. EUA also are another mining company going into production this year iam slowly building.