Oriole Resources PLC's (LON:ORR) Tim Livesey and Bob Smeeton speak to Proactive London's Andrew Scott soon after announcing that Thani Stratex Resources, a company they own 26.1% of, has reached an agreement with its joint venture partner for the funding of an exploration programme in Djibouti.
The funding will allow for an accelerated exploration programme in the country over the next three years and will be available in tranches - subject to achieving pre-defined performance milestones.