Someone asked yesterday about PEK the aussie dollar, market fundementals and Tanzania.I think these were the main points. I can only give a general answer as the only financial study I have done is small business.
Our Ngulla project and Tanz gold will always have some discount in peoples minds because its offshore. But half a monster is just a slightly smaller monster!
Aussie dollar, not sure how it effects us makes selling exports harder from here and more attractive to bring cash home. As long term PEK hope to do both these things I dont know...too complex for me to worry about, maybe I should, need someone qualified to get a valid answer.
Tanzania in reality should not pose insurmounable problems. Have good friends in drilling and they say great place, going ahead quickly,low crime/corruption. The Chinese are building roads as we speak. Must go watch the market open ..how is it looking, hope this was some help
Tretch
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