Ann: Tanzanian Minister Comment on SML, page-61

“rocket ship! trading halt surely tomorrow or Monday!”

“Hopefully within a week......there was never any doubtwe were getting it, it was all about when…”

“Excellent news, official statement and grant within days. Expecting trading halt any moment.”

“warm-up time for late galactic passengers grabbing a seat or two”

“Anyone trying to say this announcment is similar to those in the pass are really in another world. This couldn't be more direct”

It is this type of commentary that makes the PEK threads difficult to stomach. Rare instances of grounded, sensible insight by the likes of Rameez are rejected, criticised and misinterpreted out of insecurity.

“What a goose of a thing to come out with...”

“Working overtime Rameez....?”

This announcement is simply an update and in line with continuous disclosure. Really very little has changed outside the realm of speculation. Of course, the SML may be granted shortly but that has been the state of play for some time now. For the many up-rampers here, SML grant has been 1 week away for a few months.

As was alluded to, verbal assurances have been given previously by the Tanzanian government. Nothing new there. A solid timeframe is still yet to be offered. Nothing new there also.

Yes, SML grant appears closer than ever before and all signs are looking positive. Recent UK government visibility is particularly encouraging. Yet this announcement has not changed anything and best to remain circumspect.