Silver Elephant Mining Corp (SILEF): Prophecy had a meeting with Ministry of...

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Silver Elephant Mining Corp (SILEF)

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Re: DFRAI post# 204

Thursday, 02/26/2015 10:14:28 AM

Thursday, February 26, 2015 10:14:28 AM

Prophecy had a meeting with Ministry of Industry in February and submitted their Financial and technical proposal for the power plant.

I don't know how long the review will take - the end result is to have the concession agreement approved.

Silver mine- Company wants to conclude project financing by 2nd quarter 2015. Talks with offtakers like Trafigura occured and presuming that financing happens they will procure equipment and start work.

So we will have to wait a few more months

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