From reading through comments today common sense appears to be with standing. KNL put out a positive response but surprise Robbo24 does not like it. No surprise with he is not invested...
These are a couple of the many quality responses that got my attention...that bring balance to the conversation.
Does this look like a rogue president or is he simply acting to hold thieves to account...
The general interpretation appears to favor the new bill targets unconscionable deals and renewing laws that allow them to lawfully expunge unconscionable deals if the agreements have not found a solution after an arbitration period. All current agreements will be reviewed to determine if agreements are deemed unconscionable and which it will then move towards arbitration. No machine guns mentioned just a government addressing corruption. Existing agreements will be required to be reviewed for unconscionable terms. These agreements may have been approved in the past with a government stamp but this does not rule out the possibilities of internal corruption and kick back at time of writing so hence a review required.
The link below demonstrate the frustration that President Magufuli presides over...
copyright link/business/2017/07/04/acacia-mining-management-locked-talks-tanzania-barrick-steps
/https://www.bloomberg.com/news/arti...nment-accuses-acacia-of-mining-gold-illegally
This appears to be a bit of a set back with more clarity and interpretation hopefully being reported by those coming out of trading halts or moving to suspension from trading.
Great announcement by Walkabout Resources today securing more funding entirely by retail fully subscribed with enough funds thru to finance.Would like to know how many holders we now have compared to October 2015 prier to drilling Lindi but the number clearly growing...
Croc
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- Ann: Tanzania Special Bill Supplement No. 2
Ann: Tanzania Special Bill Supplement No. 2, page-111
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