She covered this in a fair bit of detail and covered the risks associated with the costs of ongoing litigation funding, the abilty for Tanzania to pay back the award, Tanzania's access to US$, etc. I hope today's Webinar is put on the web soon, it was a very informative and professional presentation by BB. I think considering the risks, she has negotiated the best possible outcome for shareholders (which is obviously in her interests as well). There comes a point if you push too hard, you may get nothing so, I am very confident that both of the next payments will be made. It is should also be noted that the spacing of the payments was a negotiated outcome to facilitate the Tanzanian government's abilty to access US$ and make the payment. I have said before that I would be happy with a 10c dividend; from the webinar, this is the worst case senario.
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- Ann: US$90 Million Settlement With Tanzania
Ann: US$90 Million Settlement With Tanzania, page-78
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8.9¢ |
Change
0.008(9.88%) |
Mkt cap ! $56.45M |
Open | High | Low | Value | Volume |
8.1¢ | 9.0¢ | 8.0¢ | $1.417M | 16.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 4312343 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.088 |
1 | 200000 | 0.087 |
1 | 198470 | 0.083 |
1 | 250000 | 0.082 |
1 | 12000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 4160343 | 9 |
0.091 | 130000 | 2 |
0.092 | 220000 | 2 |
0.093 | 186666 | 3 |
0.094 | 215000 | 2 |
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