Nothing really new came out of the meeting.
Current Tanzania administration keen to promote Mining.
New legislation lays down solid/sound guidelines for future Mining.
Seemed hopeful that the SML approval was close. Recent discussions have been very positive.
Discussions have taken place regarding off-take agreements and Finance. Seem confident of progress if/when SML is approved.
Tees is an excellent location to process our product.
Demand is expected to outstrip supply of REE's in coming years. Price upwards of $100/kl. Our cost $32/kl.
Ann: General Meeting - CEO Presentation, page-10
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