I think the government wants IEC to fail so they can take it back into 100% Tanzanian hands.
I feel they are worse than Trump at protectionisim.
EVERY explorer or producer with operations in Tanzania should be nervous of their operations. I have zero confidence in the Tanzanian government.
Look at what Barrick Gold are going through.
https://www.mining.com/acacia-mining-now-hit-190-billion-tax-bill-tanzania/
This government are just a bunch of unintelligent thieves. They will kill offshore investment in their country, or be dumb enough to hand it to the Chinese.
Ann: IEC Update August 2019, page-13
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