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I think that was for cash flow whilst VAT refunds back to NHE...

  1. SpiderMonkeyZ
    4,004 Posts.
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    08/12/23
    10:56
    Post #: 71343650
    I think that was for cash flow whilst VAT refunds back to NHE were still outstanding from the Tanzanian govt..

    Should be easy in many cases I reckon to get loans when backed by money owed by a government but note the Tanzania govt still has an ongoing issue with asx listed IDA and way back in 2017 there was the Acacia situation.
    NHE Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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