Faru project kickstart will have a great impact on EGR and any other mining hopeful in Tanzania. It puts to rest all sorts of confusion about gov and local conditions. Tanzania is ready for business. Time is to keep the past aside and move forward. Faru's kickstart is an approval that many institutions(Banks) and companies (Posco) now believe that Tanzania is a reliable source of critical minerals. With all sorts of groundwork done by EGR till now and with a business model of midstream processing, I can only guess what will happen when similar news flows for EGR. I should say, fasten your seat belts. All in my opinion.
EGR Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
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