Isn't it once the proposed laws are implimented, the Tanzania govt gains 16% of the gold producers shares for free plus extra 2% royalties.
So those producers take a big sp drop, and continue producing and reduce exploration.
Those companies with projects at DFS are put on hold, complain vigorously and after some time recommence additional exploration.
Exploration companies either pack up and leave, or after a big sp drop and after vigorous complaining, continue on exploring. This is us.
TRL Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held