TRL 4.88% 3.9¢ tanga resources limited

Ann: Company Presentation - Joumbira Acquisition, page-7

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  1. 7,689 Posts.
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    The tanzania legislation proposed I believe involve a free carry of 16 %. I believe, the potential of the gold asset is significant, hence it would still be a worthwhile proposition. The issue is uncertainty as nothing finalised to begin a process of negotiation. Howevr the zinc project, with the historicals and current price, has potential that is immense. This is 8 million mc. the tenement has large exploration potential.
 
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