Ann: Agreement with Tanzanian Government to progress Nachu, page-404

Again, read the post (seems to be a problem for you guys).

I stated that I think Magnis is much less likely to negotiate the 16% free carry because it is considerably less impactful to the company because it only applies to the digging of ore and dropping it on the pad.

Special Economic Zones have been set up because of the considerable regional economic growth they bring. Governments want jobs and industrial growth - taxes indirectly come from these.

Go on about ‘immediate revenue’ but IMO it demonstrates a lack of understanding of economics.

GLTA