ATQ's latest announcement is good news.
Two domestic Tanzanian customers are seeking long term coal supply agreements and, following the bulk sampling program, will enter formal discussions with the Company.
The bulk sampling program will provide details on the quality of the coal. This will undoubtedly improve the project's commercial viability.
Work on the BFS is progressing rapidly, with transport and logistics studies underway, and negotiations with potential JV partners on the power plant and transmission lines to be reported to Tanzanian Govt in December.
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