Hi Gammat, would you invest nearly $100m into a project that only had 3 years left on its Mining Licence? Or would you request the Special Presidential negotiating team for a SML that covers the life of mine?
I guess that’s the purpose of these Framework agreements, to negotiate acceptable terms. Did you notice the J/V company is also not required to list on the Tanzanian exchange, I guess that’s another example of negotiated agreement.
EGR Price at posting:
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