Volt in Canaccord broker Research, page-14

Thanks for the reply Doughnut.

I'm glad to hear your broker is relaxed about it but given the capex in the pfs will surely exceed $100 million IMO given the production profiles discussed on this forum I still think its very relevant.

So a dual listing would require 30% of the shareholder base to transfer their holdings to the Tanzanian exchange is that your understanding?

It seems quite a lot to ask domestic shareholders to have to do that and basically transfer their holding to another country from ASX am I right and did he explain that to you?

And if shareholders don't do that then the company would have to dilute with a capital raise by 30% to Tanzanian locals , was that your broker's understanding?

Thanks