Interesting to see that BUY has announced their cap raising at a huge discount to current price. This to me confirms that news regarding Tanzania is sometime away yet. Otherwise, surely they would wait for the news before raising at a higher price. (Assuming the news was positive) - Acknowledged they only have a 5% stake but this essentially provides them through potential further income with some supprt to the sp in the near term.
Any comments?
Cheers JA
tanzania
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