"The Company is confident of a positive outcome in relation to the award of the Mining Licence pending resolution of the ICC arbitrations (refer above Cominière and Zijin Mining / Jin Cheng Dispute and Dathomir Dispute below Note 9 Contingencies)."
Hiya gang,
What do y'all think of the possability that there was meant to be a comma, or a "and the" after the word Licence in the above statement?
Meaning they are confident of a posititve outcome for the mining licence AND a positive outcome for the pending ICC cases?
We've seen piss poor proof reading in the past.
I can't imagine they would think it appropriate to communicate in this half ass half hidden manner if it were true that they became aware that there is no ML before the two ICC cases are resolved.
That would be in no way appropriate to shareholders.
I can't imagine the MoM would be ok to wait 18 more months for the resolution.
Hope the company clarifies this soon.
I’ve been thinking about this all day.
Why the massive change by the company regarding the award of the ML in relation to ICC????
Well the only thing that has changed since Nigel and Ben stated that the award of the ML is NOT dependent on the outcome of the ICC cases….
- is the reversal of the ministerial decree for the mining licence.
I cannot think of any other valid reason as to why the company has completely changed its point of view
I just wish they tell us ‘the shareholders’ exactly why?
It’s not good enough making such a statement in the financial report with no explanation.