Uganda yet to be announced. My understanding is the winners need to prove they have the financial reserves to handle the license. Based on the fact it is yet to be announced I am guessing Swala has picked up one if not two of them and hence the delay in the announcement. Regarding whether they will trade again if someone buys the company backdoor listing then we might get to be a part of it. Probably best to say nope. Drill waiting time should be inside two months which would get us to middle of September. I have yet to hear anything that this is not happening. Do we have a saleable stock, might if we get shares in the Tanzania entity but who knows how to sell them. I am still hanging my hat on the drill - good success there and we might be in with hope.
SWE Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
