I believe that ORR is very cheap for what they own.However, I...

I believe that ORR is very cheap for what they own.
However, I gather that there is anxiety in some quarters about sovereign risk.
I note that the company has applied for a Special Mining Licence and that it has been recommended by the Tanzanian Mining Commission.
Does anyone here know details of the process and likely timeframe for grant of the Licence?
It would seem that once granted, ORR will be able to start the clock on development.
My other question relates to debt funding.
One would assume that this project could be substantially debt funded.
Does anyone have thoughts or specific knowledge on the ease of getting Tanzanian mining projects financed?
One these items are ticked off, I think we are in for a significant re-rating.
My target price is well north of $1.00.
Any input gratefully received.
DDD