VRC volt resources limited

Ann: Volt Secures US$1 Million Corporate Funding, page-39

  1. 734 Posts.
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    assuming there is truth in the meeting being ON then OFF, I think it is a pointer to the political / foreign country risk companies face in Tanzania. All of which makes progress slower and more uncertain than doing business in Aus.
    And that wont disappear even when /if approval for the financing is achieved.
    The lesser (or at least , different) standards there of consistent law, ethics and predictable commercial /political behaviour will be a handbrake in the years ahead. Thats why only the most attractive projects are worth the effort and why this project may or may not fly.
    It is less likely to fail for resource or technical or market demand reasons than for risk of doing business in that country.
 
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