Based on this we are stuffed . You can't change structure of parties to agreement without permission. Pvd have screwed us imho.
He said exploration rights and other privileges will not be transferred directly or indirectly without a written consent from the Minister of Energy and all transactions shall be subject to capital gain tax when allowed.
Negotiations between a company licensed in Tanzania with a non-affiliated entity will be subject to transfer or assignment fee payable to the government at rates corresponding to the value of the consideration.
SWE Price at posting:
31.0¢ Sentiment: LT Buy Disclosure: Held