That's another point which could has been solved since 2017. Solution for RAP was an open issue last time EGR asked for a KfW credit. Cost estimation for the RAP was round about 10 million at that time and EGR was short in cash to tackle this issue. Meanwhile they har a CR of over 60 million of which half was spent on useless studies, pleasure trips and huge salaries.
Could have used 10-12 million for RAP instead and take personal action in Tansania instead of visiting conferences to promote a "world class resource" they can't get started. I hope that they are not too late with the RAP this time and lose KfW credit and government support for SML this time.
Andrew show us the SML or even better show us binding contracts and the money!
EGR Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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