JA seems happy with the progress and looking forward to the drill. We have cash having only just raised £1.5M last month. What a nice opportunity to buy in.
"We cannot be sure how long the MINMIDT approval may take as it can be as long as 60 days, but we hope it will come much sooner, allowing us to complete the farmout sooner,” said Tower Resources chief executive Jeremy Asher.
“But in the meantime we are moving forward with contract discussions regarding the rig and services, subject to the MINMIDT approval and conclusion of the farmout in due course."