RE: Very quiet here at the mo,19 May 2015 13:48
My money is on the DFS coming after the granting of the permit which from my comms with DR is likely to be in June (not earlier).
The reason I say after the permit is that it would be difficult for us to RNS all the specifics relating to the DFS if the permit was not granted at that stage. It would be far too presumptuous of FRX to outline all the "meat on the bone" without it and could run the risk if pi $$$ ing of the Togo Govt.
They have obviously only won the re-election and like all policical parties I expect they will want to hit the ground running with positive news and updates in relation to economic activity.
From what we are led to believe our permit granting would provide employemnt amongst other local advantages such as community development, skills transfer, fiscal uplift etc..........
although Mr Fry Up I do see that it says we're due to see the DFS by end of April. I believe the delay / extension on that lead time is a direct result of the Togo Govt announcements.
If nothing else we have posted something on the BB today mate :-)
Good Luck
ML