Just watched AGM: watch the Q&A (best part)Peter was a little dull but did a good job articulating what heap leaching is and what the production schedule looks like: Dec.2015-Sept. 2016: Start mining oxide ore super-pit (45,000 oz)
Nov. 2016-Dec.2017: Start mining sulphide ore (71,000oz)
The Q&A was much more interesting. They were planning to discuss financing (aka dilution or a loan) which is why they held back the AGM. However, they ended up getting the notorious 10mill of financing before that, which made additional financing unneeded. Btw, they only used a million or two, and only have $600 000 left owing.
As for Kigosi, what has slowed down the process, is that a they were required to pay a bribe, which they refused to do.
Read more at https://www.stockhouse.com/companies/bullboard/t.tnx/tanzanian-royalty-exploration-corp#ypfTJ0eZZ5569jiq.99