RE: 🚀 Rocketing Ahead! 🚀3 Mar 2025 08:23
It tells you in the RNS if you read further down.
The ML application, which was submitted in September 2024, was accompanied by a feasibility study which outlines the potential of the helium resource in southern Rukwa.
So it has been given to the government/mining commission. The only thing now is the government get a minimum of 16% Free carried interest of the ML, Option to get more with the support from the government, probably gonna be a 50/50 JV with the Tanzanian Gov with funding infrastructure etc.