Ann: IEC July Update, page-2

Another good report. Good to hear about export interest.
You can clearly read that it's like walking on eggshells a bit to keep the Tanzanian government happy on a local level but also try and sell the export story to them.

Whatever happened to that kerfuffle about IEC not paying any royalties? Thankfully that seemed to go away. It was a stupid accusation by the government anyway imo.
I'm sure if the business grows they will look at such things down the track. Shareholders have been carrying all the risk so they should be first in line to any type rewards not the government putting their hand out first.

The company already provides employment and helps Tanzanian organisations.