I really thought this was bad at first since it tied into reviewing concessions but after reading it again it doesn't say they are reviewing LC as a concession. It simply says they are going to take a closer look which might be part of the response we will get from Sanz about our request for clarification.

I'm hoping it will mean that Mibam will be able to publically support our contract now that we have put VZ on notice and we have exhausted the appeal process to Mimamb.

Could be good or bad I guess but it should atleast move us close to the end.

The official said there are currently 357 concessions in existence for a variety of minerals and Mibam will analyze 261 to determine whether they have expired or concessionaires have ended their contracts.

We are also going to be taking a closer look at the situation with the Las Cristinas gold deposit," the official said.