Various1 Dec 2020 11:35
Firstly-yes please Tones.I very much value your posts and insights.
Secondly,I have been in contact with Amne Suedi one of our non execs based in Dar and co-founder of Shikana Law,a well respected East African firm of lawyers.I was trying to see if she may have a bit of an angle on the timetable.See below a bit of copy and paste:
-We are working hard on completing the application and the EISA registration as well and right now we are at the stage where we are waiting for the respective competent authorities to revert with a decision.
-Regarding offtake agreements, we are also working on those currently. Things were slow because of COVID19, but things are now picking up again. This is equally the same regarding debt funding issue.
So nothing really new here, except we are now just waiting the decision on the license.
My best guess (and that is all it is) is license mid December before Xmas, funding March 2021.
I for one would be perfectly happy if this was roughly right-meanwhile pickup another 100,000 shares this morning at 3.28p,but unlike our other buyer this morning will not be selling for 3years!!