KigosiOn 8-19-11 I wrote:
". . .we were led to believe that mining of Kigosi was imminent last year following purchase of the required processing equipment from a South African source. The equipment was delivered, but nothing significant has come of that to date. We were told at the last annual shareholders meeting in January2011 that the licenses for Kigosi would be issued by this past June. When I wrote to Sinclair et al about the schedule for those licenses I was told that special government approval was needed because Kigosi is in some sort of nature/animal preserve area. That had never been mentioned in any statements by the company."
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In the recently issued Consolidated Financial Statements for years ended August 31, 2011, 2010 and 2009 there is this statement on page 12:
"In May 2011, the Kigosi gravity plant and accessories were moved to Buckreef Mine where it remains pending the receipt of a full mining permit for the Kigosi Project."