Hi @haybetterTZ relaxes protectionist regulations in mining sector:
For the new investors this news may not mean much but is significant further reducing in country risk where once doing business in Tanzania had discount rate at 10-12 %.... If any one read the vested interest reports will no to well that we received our own infliction of bias...50% discount while no other peer in TZ received this in any report...
Not one..."Blood boils..."
Political risk has been at the front post for miners looking for debt funding. Would like to see the new briefing note but judging by Mike Elliott's comments he has in the side run...International Arbitration linked to what was defined as 'unconscionable terms" may have ran out of legs...
Have read of this and understand why this means more to us than peers as we were the only ones hit with the inflicted...Not peers just WKT
The Bulls are getting ready as the DFS holds sway on the entry gate "de-risked,binding agreement due for 75%,mobilastion of heavy duty with activity due around mine site, vendor finance,treasury funds, and now the arbitration process are being relaxed opening the door for institutions and financiers to provide competitive debt funding...
Sorry almost forgot share holder groups ready to step up...
Croc riding a Bull...
WKT Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held