Ann: Updated research report, page-43

I agree there is still plenty of money to be made by gpx here, BUT the fact is plenty of mining companies are packing their bags and leaving Tanzania. Take a look at ida (our former parent), why would anyone spend any money on exploration there, anything that is not group 1 will become marginal. They call the President Bulldog should have been Bulldozer, Tanzania undoubtedly will short term get a lot higher percentage of revenues but long term the mining industry will become much smaller and there overall income will be less. Tanzanias grab is a gigantic act of stupidity, they should have gone far easier.