NI 43-101That is the best part of the news IMO, the National Instrument 43-101.
They will have a real evaluation of the property with this NI 43-101, so big buyer will have documentation to support their investment. A NI 43-101 news always move the price, if the numbers are good. But I have no doubt the grade is there.
As for the black owned percentage, TGV owns 74% of Oena, the rest 26% belong to Kwena Group. The mining charter was supposed to be 26%. The bad news was when the percentage was 30% instead of 26%... So TGV is ready for 26% black ownership but they would have to give 4% if the law stays at 30%. That might be the reason for delayed permit. But that will most likely go back to 26% in a few months with the new mining charter.