Will take a slow and steady rise over a sudden spike everyday of the week, considering my position.
The reason that I think we will get closer to 20c or just above if we get that announcement is based on the current geopolitical climate.
Now that Magufuli has announced Tanzania is well and truly open for business, after todays announcement regarding the new nickel mine, Im more confident than ever !!!! we will get that SML very soon.
I think the translation is a bit off, but there is a pay wall on the original article.
Tanzania: JPM - Come Enmasse to Invest in Safe Tanzania.
"It is unfortunate that Ngara residents have been sitting on wealth and poor, if they had started mining we would have been far by now" said Dr Magufuli, adding that Tanzania is a rich country blessed with various natural resources, besides vast land and water bodies"
https://allafrica.com/stories/202101200065.htmls
IMO it wont be long before we see a front page with the president announcing his countries first RE mine, over 100 million of direct investment by PEK in Tanzania and over 1000 jobs created.
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