Yeah I’m a little confused by Mr Schwartz addition to the company. They stumped up a lot of money north of 1c but are now selling out.
You should never assume but I’ll assume that Tanzania went pear shaped pretty quickly and the company had to pivot fast and chose this gold project.
Things happen quickly in the world of business i guess.
The Schwartz’s have about 30mil shares to unload unfortunately. (A bit less after the recent selling.... I’m not able to double check right now)
Ann: Shareholder presentation, page-27
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