PEL 87 Extension Approved

Summary by 6ix AI

The extension was granted by the Namibian Ministry of Industry, Mines and Energy and will last until January of the following year. The company is required to complete several commitments during this extension, including an Environmental Impact Assessment and drilling an exploration well. CEO Iain Smith expressed satisfaction with the extension, emphasizing the company's focus on securing a farmin partner to advance the project.

Written by 6ix AI from the company’s filing. How 6ix writes summaries