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.
IDA Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
