I think Tanzania is starting to wake up to the fact that the new regulations in 2017 ...yes 2017 had and are having a huge affect on the mining industry and the revenues judging by the President sacking the Minister...and holding a conference.....(which I am sure KNL attended as conferences are their thing)
Nice to see they (Tanz Gov) have their priorities right and are starting with security cameras on the Tanzanite field so that 74k per month revenue they make can go up to 1ook ...sheez
I don't doubt how frustrating it must be negotiating in Tanzania (which apparently KfW is still doing with us) but I think at 12c and a 50% drop in Share price in a few short months ...the shareholders deserve to know the truth of where things are up to , exactly what the stumbling block is and what the back up plan is?
...maybe call the President " Look KfW won't do the loan because of XYZ which are as a result of your legislation ...which by the way we love and support,,,,..so how about getting Bank of Tanzania to do it and show the world that you are willing to back up the legislation changes that affect global banks with good old Tanzanian Banks. "
Just a suggestion....Want his number Spinksy?
Anything is better than Radio silence....
PS Andrew...when is that darn Engineering report on EcoGraf coming out...how about going to the market and saying "look its all good and very positive and due in 1 week"
how hard can one little report be....
and how hard is it to update the market....
PPS CBA been on the phone to you lately?
KNL Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
