So reading through the announcements from yesterday, is it good news or bits of nothing?.
Your thoughts?
It seems a bit of a mixed bag for me. Glad to see we are still showing willingness to make a negotiated agreement, rather than necessarily pursuing our legal strategy to its full conclusion as our primary approach. It's also good that the Government are still actively engaging with us. I'd say some sections of Government do legitimately want to find a way out of this situation. That's a clear positive sign, and brings some hope.
Less good obviously is that certain parts of the Government (MoM) indicated that they aren't willing to agree with the pathway to resolution that we had set out in the draft MoU. The statement that we would need to reduce our ambitions would theoretically signal that there may be a possible middle ground, but in my opinion that position is quickly negated by the fact that they didnt even have a counter proposal or provide feedback.
This, and the associated statement that it's better to keep going with arbitration (whilst still proceeding with Manono Lithium's PE in the background) suggests to me that the true position of certain elements in the Government is to delay whilst they better support the interests and position of our opponents, without any real intent to come to an agreement. Maybe trying to string it along to see if we can be forced into administration if unable to secure funds? Our opponents do seem to be making efforts to bleed us dry. I'd likely chip in for further cash if it comes to that and it keeps the lights on.
Hopefully the first faction can prevail, or a sensible middle ground can perhaps be found that leads to a pathway out of this mess, and one that doesn't give the game away. SilentOne will no doubt state again his unwillingness to compromise, though NF on the other hand thankfully seems to be open to flexibility in his communications to the DR. That to me is a positive, as I had thought that we might be toeing a hard line in our position that may have limited the possibility of a fix being found - at least in this decade.
Interesting announcement, in any case. Glad management issued the info - it's the clearest insight into the situation that I feel we've seen yet. Complex!!
