Not this writer!! I live in the real world and I learn form experience.
The market does not trust this company to deliver. Despite many, many promises it still has not delivered.That is why it is easy to predict a zero reaction to an rns which does deliver a measure of constructive news.
I it is no doubt distressing that despite the abuse I am right again.
"The company is in great shape" says sonic.
Only a mindless happy clapper could describe Kibo, a company without permission to mine,
whose share price has dropped by a third in recent months, as in good shape.
It is a cushy job
simply sitting in a bar each day waiting to catch a sighting
of a man walking across the Indian Ocean with contracts tucked under his arm.
The sml was nailed on last week according to the always wrong happy clappers
it is time to face up to the fact that the project is seriously, maybe terminally stalled
even management are speechless.
Like SYM I am not blaming the company for delays. There is not a reason on earth why it would be in Kibo's interest to suffer this endless stall.
On the other hand this hapless government have nothing to offer foreign investors or the citizens of Tanzania.
Citizens of Tanzania have believed the political promises from Julius Nyerere onwards
that is fifty years of broken promises and unfulfilled dreams
The current government offer no more than its predecessors.
Things are panning out more or less as I forecast at Christmas time
when the happy clappers were working out how many working days
there were in Tanzania over the holiday. Nothing happened then and nothing has happened since.
This project is in the business A & E dept, in real danger of expiring.
LTH have been here so long with no reward or interest that it actually
feels unreal to encounter a day like today.
I will check back tomorrow to confirm the good news