Blitz, here's how it works; EGR (together with KfW) submit a financing proposal to the GoT for their agreement. If the GoT agrees to the proposal, do you know what happens then? We prepare formal loan documentation. It has all been set out but I will highlight for you again anyway...
"Subject to reaching agreement with the Government of Tanzania, the Company and KfW IPEXBank are ready to proceed to prepare formal loan documentation that will enable the proposed financing arrangements to be implemented."
There are a swag of graphite hopefuls in Tanzania. Do you know how many of those hopefuls have a financing proposal before the Government of Tanzania?
