Ann: Investor Presentation, page-24

They have some pretty good hits on the rare earths project but hard to value as I am no expert. Essentially without the granted award I look at them as a junior explorer and they would be in the $10-20M market cap range (probably closer to $10M).

I will be placing an order when I can free up some money in the next couple of trading days.

Have they made any announcements regarding seizure/collection of assets? Can they seize non-physical assets like shares that Tanz Gov hold in publicly listed companies?

Tanzania is trying to open their economy to foreign investment and capitalise on this and the shift to decarbonisation (having recently revamped their mining laws). If they want to be seen as investment friendly then they should make payment on the awarded claim. Otherwise this type of behaviour will have them labelled as just another dodgy high risk African jurisdiction.