Tanzania mining regulations finalised, page-16

I think i have been criitical that application had not been logded . That is in the company control - secured is out of its control.

As shareholders it is our duty to hold the board accounatable whom in turn hold management accountable.

I totally understand why mining licence was not lodge since July 2017.

Lets not forget - the PFS was released Dec 2016 and the government changes came into effect july 2017. Ample time then during that period and a bit of cash spent also to lodge an application. .

In hindsight it may be fortunate that it wasnt done.

So yes once bitten twice shy.

I do beleive thatVRC have strong and hopefully internally accepted strategy moving forward hence my continue support.