TNO had a decent jorc released today, albeit inferred.
they are definitely a peer to watch, but assets are in south africa. that can be a big problem.
New governments, come and go, and there is always nationalists lurking who think they can keep the mineral wealth, that dont understand the need for stable mining investment from overseas bankers.
We would also seem to have plenty of resource to come, but the issue is always for mine, about whether you can deliver that finish line and in an economic path, which requires the confidence of lenders to fiance your development.
Great projects, need great jurisdictions to allow them to be successfully developed with supportive government, and stability that can look at 10-20-30 years with confidence.
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