The Algerian government have 35% of the Project aready and TZN's management appear to work well with them. Algerian representatives came over to Angus.
I am sure KM would not have tendered for another project if he thought there were going to be issues down the track.
Dont forget management have sizeable holdings themselves, so they will want to maximise TZN for their own benefit as well.
My call is this will provide a good buying opportunity - I know the typical HC cliche. At what price though?
The Algerian government have 35% of the Project aready and TZN's...
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