The Local Content Regulations In Tanzania..., page-8

First 8 Last

Share
Profile

Follow
Wilma85

2,453 Posts.

217

26/10/18

13:19

Post #: 36273625
Share

Originally posted by 564xxl ↑

So, we recently got the ML extended by 10 years because that is what was needed by KfW in order to secure the finance for Epanko. Now, the Tanzanian ministry is not in a habit of handing our 10 year mining licence extensions just for the hell of it. This was a crucial requirement to obtain finance....as the repayment period for the loan would otherwise have extended beyond the ML length.
So problem gone.
So what is the hold up with finance for Epanko now? Why would the Minister bother giving KNL a 10 year licence extension to meet the Bank providing Finances requirement only to block them on other amendments that KfW possibly required . Either enable finance or don't.

What still needs negotiation in respect to Finance?Is this unique to KNL or all Tanz Miners?
Whose approval in Tanzania is required?
Who is doing the negotiations on behalf of KNL?
How long is it expected to take?
What about GGG?

As for EcoGraf....you are right Wilma and Simmpa......EcoGraf is the game changer.....but we didn't hear about it yesterday, the environmentally friendly processes for the same cost, the useable fines that are themselves highly valuable and importantly the capacity to use all manner of G feed stock which is truly unique. So same questions
What still needs negotiation in respect to Finance? for German pilot expansion and multiple plants (they do say Tanzania/Asia and Europe in the presentation)
Whose are we negotiating with?
Who is doing the negotiations on behalf of KNL?
What is the status?
How long is it expected to take?

Lucky the AGM is coming and gives us a chance to ask these and other questions. Hopefully though we will have all these answered before the AGM. That would be nice.

564xxl

Expand

I would be happy if we got answers to half of those questions. That would be nice.

KNL Price at posting: 17.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

HotCopper Highlights: Your most watched stocks for Week 48, 2024

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 25 more messages in this thread...

First 8 Last

Add KNL (ASX) to my watchlist

The Local Content Regulations In Tanzania..., page-8

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

HotCopper Highlights: Your most watched stocks for Week 48, 2024

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Featured News