VRC 12.5% 0.4¢ volt resources limited

WKT have just released an ann. regarding tanzanian miners in...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 380 Posts.
    lightbulb Created with Sketch. 111
    WKT have just released an ann. regarding tanzanian miners in general;

    "Mining Licence Application
    The Company has recently met with the Chairman of the Tanzanian Mining Commission, Professor Idris Kikula, the Commission Secretary Professor Shukrani Manya and the Commissioner, Dr Athanas Macheyeki in Dodoma, Tanzania.

    The Commission has finalised the standard “Integrity Pledge” and “Local Content” forms for all Mining Companies to complete and which will make up an integral part of all Mining Licence Applications. While the Company has previously submitted an Integrity Pledge, the Commission has decided to standardise the format of these for all applicants, and indeed all licence holders.

    The forms have now been approved at Ministerial level and forwarded to the Government Gazette. Soon, they will be issued to applicant companies for completion and submission. When returned to the Ministry, the contents thereof will be assessed and either the Mining Licence will be awarded or further engagement will be requested.

    The Company has formally met with senior members of the Tanzanian Government thirteen times since October last year and is well informed of the processes, progress with restructuring and general intent of the Ministry and Mining Commission. This includes meetings with the Honourable Minister of Minerals, Angellah Kuruiki and the Honourable Prime Minister of Tanzania, Kassim Majaliwa on two occasions. The respective Executive Officers across Government are well informed regarding the Lindi Jumbo Graphite Project, its strategic importance and the objectives of the Company.

    There is currently no reason to believe that any delay in awarding a Mining Licence to Lindi Jumbo is associated with the application specific but more so with the process in general and the adoption of new systems by the Ministry of Minerals."
 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(12.5%)
Mkt cap ! $16.63M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $27 7.743K

Buyers (Bids)

No. Vol. Price($)
39 69769192 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 13391021 23
View Market Depth
Last trade - 11.57am 03/12/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.