We’re waiting on bureaucrats in the Tanzanian government and bureaucrats in the German development bank mechanism. I see this announcement as being of the same order as the deal reached with Barrick Gold. It doesn’t mention us but definitely effects our prospects. I doubt KFW will sight political risk as a reason to decline a few million when deals for several billion are going forward in the same environment.
KNL Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
