Australia's largest stock trading and investment forum Australia's #1 stock forum

EGR

Click for more information

2.38%

8.2¢ ecograf limited

Ann: Positive Meetings with Government Defines Way Forward, page-5

First 5 Last

Share
Profile

Follow
MikeGTR

1,715 Posts.

179

24/04/18

10:46

Post #: 32650225
Share

Originally posted by Wilma85 ↑

These paragraphs (from today’s announcement) lead me to believe that the delays on securing finance may be prolonged...

The Regulations supporting the new legislation were gazetted by the Tanzanian Government in January 2018. The Minister indicated at the meeting that further Regulations are being prepared that clarify aspects of the legislation that weren’t covered in the recent Regulations and to take into consideration feedback from stakeholders.

.......................

Project finance discussions are well advanced, with prospective lenders awaiting clarification from the Mining Commission on various aspects of the legislation affecting lending arrangements. The Australian Government via the Department of Foreign Affairs and Trade and the Australia-Africa Minerals and Energy Group are continuing to assist Australian companies with investments in the Tanzanian resource sector to work with the Government for a win-win outcome.

Expand

This could potentially take 6 - 12 months, maybe even a couple of years. I wonder how many aspects are still to be added to the regulations? Could they be indicating a full review of the regulations once they have completed the final draft?

So many questions that need answers..

KNL Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
9 Upvote

1 Great analysis

Reply

Top Stories

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

What's causing the cost-of-living crisis, and how to navigate it

There are more pages in this discussion • 66 more messages in this thread...

First 5 Last

Add EGR (ASX) to my watchlist

(20min delay)
Last 8.2¢		Change -0.002(2.38%)		Mkt cap ! $37.23M

Open	High	Low	Value	Volume
8.4¢	8.4¢	8.1¢	$6.627K	80.81K

Buyers (Bids)

No.	Vol.	Price($)
2	24308	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	20450	1

View Market Depth

No.	Vol.	Price($)
2	24308	0.081
1	22313	0.080
1	12833	0.078
2	114650	0.077
1	3250	0.076

Price($)	Vol.	No.
0.082	20450	1
0.084	35773	1
0.085	8000	1
0.089	29122	2
0.090	106642	4

Last trade - 16.10pm 18/10/2024 (20 minute delay)

EGR (ASX) Chart