"Peak is commencing the process of establishing a new Tanzanian...

"Peak is commencing the process of establishing a new Tanzanian incorporated company. The purpose of this company isto hold the interests of Peak and the Government of the United Republic of Tanzania in the Ngualla Project’s Special Mining Licence, should it be granted."

Well, I have no idea how they work in Tanz. but I thought at the time the formulation above was a bit strange as it implied putting the cart before the horse. But let us hope I am over-suspicious and that there are no problems in these apparently still ongoing negotiations.