Ann: Quarterly Activities Report, page-43

situation on Tanzania is still looking bad.. ive noticed a few explorers throwing in the towel on their Tanzania tenements... MSR should cut their losses and move their attention to something that has less sovereign risk.. I last emailed mark a couple months back and it sounded like MSR is low on his list of priorities right now. My guess is his attention is on TAW where they are moving into production soon. So this wait could be a while... But atleast the downside is limited due to their cash position..