Yesterday’s Post from Solo CEO22 Oct 2020 09:43
"I'm delighted for our colleagues at Aminex, and that's been a fantastic result. The approval now means the project is funded and the joint venture going forward is very clear. You will have ARA as operator with 50%, Aminex with 25% and Solo with 25% with a carry from ARA. It clarifies the future of the asset and how it will move forward. If you look at the value readacross from the deal, which now has Tanzanian Government approval, it really demonstrates the tangible value within Solo of the Revuma asset.