Great appointment.
Ex Syrah Project engineering manager
Ex BKT DFS study manager
EPC contract and delivery experience
Pantany frees JdV up for the approvals, finance and marketing work
A perfect CV, and Pantany won't have come on board lightly. A big thumbs up for the project and for likely near term govt approval. And that will bring a big re-rate.
~$130m MktCap
US$1.2B NPV
IRR 44%
Capex just US$116m and China EPC contractor, Tanzania Development Bank, and Posco, Korean equity partner all lined up for components of that.
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