RE: Risk?5 May 2017 08:41
"Rainbow has a 90% interest in the Gakara Project with a non-dilutable 10% owned by the State.
The mining licence was granted in March 2015 and is valid for 25 years, and is renewable thereafter.
The project is easily accessible with good road links to Dar es Salaam, Tanzania and Mombasa, Kenya."
When I looked into this company one of the things that really appealed to me was the fact it creates so many local jobs, but also the fact the state owns 10% - as its massively in their interest to see this project up and running.So I believe that will help us down the line.