WKT 4.76% 10.0¢ walkabout resources ltd

The warning sign on many of the 'peers' is deliberate...

  1. 251 Posts.
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    The warning sign on many of the 'peers' is deliberate obfuscation to justify delays in progress. The Tanz Gov interest is one example. Other companies make a song and dance around it, as if it's something that's complex and on the mercy of the government and can happen anytime if the government pulls their finger out. WKT went about the doing bit, setting up the Tanz entity that will distribute majority of the interest to local communities, in agreement with Tanz government (so no, it's not always a tax paid to the government to redistribute again). This is just one model, and a model that gov of Tanz is happy with because it let locals benefit from mine development and lead ultimately to support of the government.

    Instead, you should be asking your company what's stopping them from progressing this 'FA' that's seemingly so insurmountable. (oh, up until recently it is easy, Tanzania was not the top focus! But guess not any more, just nobody knows why the about face?).
    Last edited by potchip: 09/12/22
 
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