It's been a long road since the ATQ days.
Management have poured millions into getting Ngaka up and running. It must be hugely disappointing for them.
A theory here but I reckon we'll see an agreement with the Tanzanian government to hand over the mine (possibly to the NDC) and they will waive the $10Mil+ dollars owing in bogus royalties.
Total fraud if that happens.... but its just speculation. Let's wait and see.
Ann: Shareholder presentation, page-12
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