According to PEK management, there is nothing stopping the Tanzanian Government from granting an SML during the election campaign period.
From the recent quarterly
On 16 June 2020, President Magufuli dissolved Parliament ahead of the general elections in October 2020. During this run up period all government departments and activities are expected to continue as normal, including on-going meetings of the Government Cabinet. The Company has been given reassurance that the elections will not affect the processing of the SML application.
Then on the 6 Aug 2020 you have the CEO presentation stating
Special Mining Licence (SML) – Have progressed to new heights in negotiating with GOT in last several months. President Magufuli has increased emphasis to getting Foreign Direct Investment to generate jump start in mining arena.
Magufuli, like any other politician will do whatever it takes for re-election ie get votes! be it promoting investment in the "mining arena" or granting remaining SML's. If i were campaigning, that's exactly what i would do if i thought it would get me votes!!!
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