10% drop, not the news the market wanted8 Apr 2022 10:15
whilst not all bad, and in some respects good as it lays out road maps, the problem is those are irrelevant in tanzania, and lots of jam tomorrow in that RNS.
Then there's this gem at the end.... " the Company has opened discussions with the Tanzanian authorities regarding the return of the licence to the Ministry of Energy." ...... tI am beginning to believe more and more that this region as a whole is so.... corrupt, for want of a better word, that this seems to be their entire game plan, get smaller companies in to take all the risks doign initial leg work on surveying them simply ignore them and block them in the legislature till they either walk away or go bust, giving up the licenses that cost a fair bit of money in the first place.