Executive Summary
Obtala Resources plc is the holding company of a mineral exploration and development group, with an initial focus in gold, nickel, copper, iron ore and uranium opportunities in Tanzania, East Africa. The Group is led by the Directors, who have experience of operating resource companies in emerging markets. The Group's objective is to commence the exploration of its portfolio of Mineral Assets and ultimately to increase the value of its Mineral Assets through the development of mineral resource estimates and, where appropriate, commence production of the economically feasible Mineral Assets. The Groups strategy will focus on working with local partners who will be actively engaged in the process of exploration. The Directors intend to utilise both internal and external expertise to develop the Mineral Assets while maintaining a disciplined asset and cost base.
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