Ann: Management Changes, page-24

Ive got some theory's. Just theory's though.
As many of you well know basically the whole of Africa is currently in a state of non enforced debt default to both the West and China.
(Articles are sort of dispersed in random non applicable order)
https://www.google.com/amp/s/www.ws...r-debt-it-casts-wary-eye-at-china-11587115804

The West and China must decide on debt forgiveness or the Fed must continue to print money in order to suppress the U.S dollar.. If the U.S dollar rises then Africa and developing countries fold like a stack of cards under the weight of their debt burden. The West is currently unwilling to go the route of debt forgiveness because the money might be used to pay Chinese creditors. So for the moment we have money printing keeping the U.S dollar low and swap lines from the Fed keeping liquidity sloshing around in developing countries.
Meanwhile in the background the world tries to figure out its problems and work out how developing countries will be more equitably financed moving forward.

https://www.economist.com/middle-ea...ina-is-thinking-twice-about-lending-to-africa

https://www.portandterminal.com/tan...na-where-to-stick-their-10-billion-port-loan/

The delay on the SML is of course totally due to the push pull Tanzania faces from its creditors. China is not ready to take the foot of the throat regarding its dominance of rear earth supplies, but at the same time how will China ever get it's money back if Tanzania can't develop its projects.

You would hope Tanzanian national interest comes before a U.S and Chinese foreign policy dispute in this instance as the people of US/China have considerably higher living standards then that of their Tanzanian counterparts.

Therefore what might happen is something like this.. China funds the project and reaps the financial benefits but supply and offtakes are guaranteed go to the west..

Got to move Rocky in this case as investors will want an Asiatic representative maybe.

Whose going to replace Rocky?