BKT black rock mining limited
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Ann: Black Rock signs two key Agreements with TANESCO, page-10

  1. Rekas
    20 Posts.
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    13/05/25
    08:24
    Post #: 79016965
    The $40mil is for the power line construction to the mine. Tanzania has just constructed a new hydro plant
    that Blackrock will tap into for cheaper power. I guess the government didn't want to fork out the money for
    construction of the power line. The last hurdle is more equity from another player or a partner at the project
    level. This has been a major hurdle for them. I just read a post saying they are now 70% funded. I would
    presume after this current announcement it will only be a matter of time.
    BKT Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.5¢ 		Change
-0.002(7.41%) 		Mkt cap ! $36.81M
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