It is a long term growth industry, that is why WES is wanting to position itself in this sector currently. Lets believe that there are many more companies as big as WES or bigger around the world that will be waking up to this.
Capex for the Ngualla mine in Tanzania and the processing facility in Teeside UK is US$365 million and that is peanuts to the big conglomerates.
Interest within this sector, after being in the doldrums for the last 8 years, is warming rapidly.
Tanzanian Mining Commission, page-71
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