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Pile of Manganese 'rock' to the rear of the scrubber at the beginning of the video also.

Nothing but a miracle in itself, that in Africa, the plant is still there!

From what I can gather, Gnassingbé wasn't back in country until this week. He was in Ghana last week, and at the ECOWAS Heads of State meeting in Naimey the week before.

Like does anyone know any African Dictator who doesn't revel in a photo op? ;-p

Or maybe they only actually get the 10% when they give us what they passed a Decree last year saying they would? I thought that was a necessity in SGM becoming a public rather than private listed company?

Said what they could in order to let us and the market know they ain't leaving without what we need this time. Having worked across Africa I know that sentiment well - as soon as you walk out the door, if you don't have what you need signed off, you are forgotten about.
As sceptical as I am and have been, I see this as the final straw. Making this public means they have to leave with the license in the bag, or as I said a few days ago, this will in effect be dead in the water.

Definitely sounds more positive than just leaving without getting what we need after more meetings. Hopefully another week will get this pushed over the line at last.

Such a pretty boy - but is in need of tweetment... ;-)

Neighhhhh, lad, you can't be serious.

No, I'm a Cancer ;-p

A talking horse? Well, I never.
Found the Decree issued last year - unfortunately Togo seems as unable or unwilling to update its Government websites (nowt on this since Dec 2019) as much as it does its new fangled and much heralded mining registry!

https://www.togoreforme.com/fr/index.php?option=com_content&view=article&id=794:conseil-des-ministres-du-18-octobre-2019&catid=62:actualites&Itemid=120

My glass may have just got a bit fuller in anticipation. ;-p

Just for reference, the Google translate-
"Under decrees
The first draft decree adopted by the Council of Ministers grants a large-scale exploitation permit for the Nayéga manganese deposit (Kpendjalouest prefecture) to the Société Générale des Mines (SGM).
Following the conclusive results of searches for manganese deposits in Nayéga in the prefecture of Kpendjal-Ouest, savannah region, the Société Générale des Mines (SGM) has
applied for a large-scale mining permit for this mineral. The manganese reserves discovered are estimated at nearly 8,500,000 tonnes and the mine life on the current proven reserves is eleven (11) years.
This decree therefore authorizes SGM to exploit this ore. The exploitation of this mineral will contribute to the achievement of the objectives of axis 3 of the PND with the realization of community development projects and the creation of direct and indirect jobs which will undoubtedly have a positive impact on the social level and on the economy of the mining area of ??this ore.
It will also participate in the achievement of the objectives of axis 2 of the National Development Plan (PND) which aims to develop poles of agricultural transformation, manufacturing and extractive industries."

Completely full when I bought in. My glass was overflowing when the AA/Kumba deal nearly made it. Topped up to full again at the hope of the Tributes working out.
Pretty sure DR has been (or even remains) as confident as any on getting this over the line - but as for his loans, well, there's no other way they would have been repaid as we still have no income - right?
I doubt there's anymore he or the BOD could have done thus far, but, there's got to be some plain talking if this license is still not forthcoming, as to why.

Got to be leaning towards the news we want is not going to be forthcoming, again - otherwise why delay in informing us of the singular piece of transformational information we have waited years (6) for? No news is not good news in our situation.
My glass is rapidly becoming even less than half-full ;-p

Mark, I get it. But come on, we were told even the BOD knew of NO further impediments to the license being issued as of last November. It's not like nothing else happens unless RL is in the country, so, the move to a public company etc has all been completed since then, and I'd be absolutely staggered if they did not arrive in Togo with any form of COVID operations plan to present (if its even been requested, rather than speculated upon on here).

And all this speculation or excuse making about COVID and elections - yet 8000 people including Gnassingbé attended the inauguration of its first solar power plant in FEBRUARY.
"February 3, 2020 in the presence of the Chairman of the Board of Directors of the company AMEA Power, Mr. Hussain Al Nowais , the ceremony, which around 8,000 people attended, including members of the government, local authorities and a crowd full of euphoria in love with the Head of State's development policy, officially launched the construction of the first project of renewable energy developed by an independent electricity producer in Togo. It took place less than 3 months after the signing of the electricity purchase contract"

I don't follow? Togo has licensed a variety of companies, from China to Israel, in a variety of mining and commodity sectors. What's so unique and precedent setting about us and manganese?

76.5% majority owns, Chirp.

It's as good a guess or assumption as any. You do have to gauge Dangote's progress and treatment next to ours and wonder what the difference is.

RL and Co have had ample time to come up with 20 Covid operational plans! As I said, Dangote are pressing ahead with their $2 billion of projects so if they can build and produce plans, we sure can while watching the dust swirl over Nayega.

Let's hope for all our sake there's no more 'protruding' milestones that have materialised! :-(

Dunno, but, from an April 16th interview with Gnassingbé :-
Q: What else has been implemented to attract further investment to Togo?
A: Our country recently adopted a new investment code that offers significant advantages to economic operators, guaranteeing, for example, exemptions from duties, taxes and indirect taxes. We are firmly resolved to make the private sector the key player and the driving force of our economy through [paying it close attention] and [demonstrating] agility in managing our partnerships.

After 6 years, I do wonder what his idea of agility actually is in our case?! And, if the gifting of a 10% stake to the Government was also part of the "significant advantages to economic operators" then seriously, what more do they want from us?