We developed an update of a Competent Person Report for this onshore exploration block in the Democratic Republic of Congo in accordance with the guidelines set down by the Alternative Investment Market. The report set out the prospective resources for the block including their valuation. The report was used by the Client as a part of his submission to gain shareholder approval for a funding raising to support an acquisition of assets in the Republic of South Africa. The work took into account exploration and appraisal work conducted by others in properties adjacent to and in the vicinity of the block.
The full Competent Person Report can be viewed by clicking this link.