Bruce, sometimes people just cannot admit that they made a bad investment. I stayed in a bad investment (with Tanzanian interests) for far too long. Many of us believed that the challenges presented by the mining legislation changes in Tanzania were not insurmountable, but the complete lack of investment in mining projects suggests otherwise. Until mining projects in Tanzania start getting funded, Tanzania is a no go for me.
BKT has gone on quite the run recently. It will be interesting to see if it lasts and whether any other Tanz graphite hopefuls follow.
Ann: Bunyu Development Funding Update, page-61
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