KNL 0.00% 9.3¢ kibaran resources limited

Ann: Africa Down Under Presentation, page-3

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  1. 336 Posts.
    This presentation is IMHO directed squarely at the Tanzanian Govt. The first half of the presentation just reiterates what has been presented and announced before. Nothing really new and exciting in there. The second half is almost entirely devoted to selling the project to the Tanzanian Govt with titles such as:
    • The opportunity for Tanzania, and
    • Contribution to the Tanzanian Economy
    Which leads me to believe there may be (or not cause I'm no guru) one or more of the following holding up a decision.
    • Legal issues surrounding the export of our product
    • GOT want an unacceptably large percentage of the company
    • The GOT want some other concession from the company that the banks won't accept.
    I have a feeling we have a while to wait until this mine is built yet.
 
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