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Mankranho Closes
jdn551
2/5/2013 10:30:23 AM  |  | 170 reads  | Post #32127624
 

Good news even if long overdue!! Mankranho land sale to Newmont finally closed.  This will put $4MM in the kitty which removes short term cash concerns and is more than enough to complete full feasibility at Kobada. Now if we can get  Asankrangwa sold that will really top things up and carry us through for a while.

 

The situation on the ground in Mali is exponentially improved as well thanks to the French. I would expect mining business activity levels to return to normal in Mali in the next 30 - 60 days.

 

GLTA

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