Can you hear the drums across the Serengeti?..15 Jun 2020 09:17
I'll post these again as the naysayers try to lose them in the noise:
The company is on standby to recommence activity at Rukwa, where it employs 40 operations staff, as soon as it is practicable and safe to do so. The Tanzanian government, which closed non-essential businesses and introduced social distancing measures to curb the spread of the virus, has recently recommenced flights in and out of the country and is signalling that businesses will soon be able to resume.
Mr. Muir, said: ‘These developments are the start of a new, exciting period for Edenville. The pandemic delayed our closing with ILTL, our chosen partner. But things now seem to be returning to normal in Tanzania. We have already signed the coal mining agreement with ILTL and expect the relationship to continue to develop further, with plans for the loan and sales and marketing agreements to follow in the near term. This a fantastic arrangement for all concerned, which we hope will set the pattern for our future strategic partnership with ILTL both in regard to Rukwa and other opportunities.’