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AGM - Report from the meeting, page-21

  1. 346 Posts.
    lightbulb Created with Sketch. 9
    They have told us. From the quarterly:

    "Discussions have continued with KfW IPEX-Bank, Nedbank CIB and EFIC (Australia’s Export Finance & Insurance Corporation) in relation to the proposed debt financing arrangements, focussed on the implications of recent changes to mining legislation passed by the Tanzanian Parliament on 3 and 4 July 2017. The majority of these changes are not expected to adversely impact Kibaran, however further details are being sought on the implementation of certain provisions, such as those relating to in-country banking, lender security arrangements and potential Tanzanian Government participation."

    It sucks, but we have to wait for those things to be hashed out first.
 
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