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Ann: Merelani Update, page-5

  1. 5,226 Posts.
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    I am very happy to see things progressing at Merelani. very happy. Hope we don’t have any tanzanite in those holes though lol, what a drama that would be.
    I see your point but another angle will show that they do have 100% control of their merelani tenements as they do at Epanko. What is stopping management from pursuing a standalone 100% owned mine at Merelani? It looks like they thought they are taking the easy route (financially) to get fast track production at the old mine via a JV, but at this rate it is frustratingly slow getting the other parties to jump on board. What are the tradeoffs ? who is the operator? Who is the REAL operator? There are just so many questions and I feel we could do an Epanko at Merelani and go it alone….why not? Please tell me if I am missing something
 
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