Beg to disagree, There is no way it could finance the Longonjo Capex ! Miyabi won't even be in production till 2022 at which time Longonjo will already be built and operating ~ besides which Longonjo is already basically financed.
Tanzania has just screwed Barrick into a free carried 50/50 profit sharing deal. The Government/President is now holding out on issuing PEK with a Mining Licence ie they want a bigger cut !.
As I mentioned earlier, If we want a Gold mine, there is one just over the hill, no need to make life harder than it already is.
- Forums
- ASX - By Stock
- PM8
- Ann: Royalty over Tanzania gold exploration assets
Ann: Royalty over Tanzania gold exploration assets, page-4
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PM8 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online