WKT 2.33% 10.5¢ walkabout resources ltd

Ann: Tanzania Special Supplement Bills, page-103

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    Hi Naveen,

    Did you see this quote from the President in the news today?

    Magufuli reiterated on Monday that no new mining licenses would be issued until Tanzania "puts things in order" and that the government would review all existing mining licenses with foreign investors.


    https://www.reuters.com/article/us-tanzania-mining-idUSKBN19V23P

    Given that Tanzania now needs to completely set up a new process for mining licence applications (including a new department, new Commissioners and the process for review by the Parliament of any foreign mining licence applications) do you expect this will affect WKT because it does not currently hold a mining licence?
 
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