Member Info for Dustbin1000

The JV with the Tanzania government would give more confidence to shareholders if it invested more in the stake rather than just take from it with a financial contribution which would reassure folk a lot more than Lorna’s shaky voice announcement.

The 17%,joint venture partner is effectively the Tanzanian Government.

Why are they not putting the £10M into the pot and why are the Directors taking such remunerations before any viable prospect is officially advised.

To have faith in your product is not to keep plundering the faith of shareholders.

Https://www.marketwatch.com/story/investors-see-opportunity-after-decadelong-helium-shortage-what-you-need-to-know-0d1dc0ce

I posted on here a bill that was passed by their parliament which was introduced to give priority of right for Tanzanian citizens to benefit from any natural resource discovered in their country.

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The Natural Wealth and Resources Act 2017 mandates the government to renegotiate or remove terms that the Parliament deems unacceptable, hence weakening the stability clauses embedded in the Mining Act of 1998 that seemed to have favoured foreign investors.

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