Ann: Management Changes, page-23

I think there are two key points;

First is bye bye Rocky, hope you enjoyed our hospitality.
I agree its a 5%+ shareholder doing the cleanup job, so that all has to be positive.

Second is, as you say "Once approved, the Company will be in a position to negotiate an economic framework for the project with the Tanzanian Government and move forward with its project development plans.”

That comment is actually a bit of a worry,
Approval is only the beginning, then comes the negotiations with the Govt who hold all the cards.

Hopefully they are not playing a game here, like, let the company do all the work, drag it out until they are over the ropes and then negotiate the deal of the century or take it off the company's hands, (for a small conveyancing fee of course) and hand it to the awaiting Chinese entourage.

Rocky should have had the slap years ago, but playing with sovereign risk is always a tough game.