Haha yes Katamba mining = Zijin.
Cominiere have always said that we weren't allowed to sign that rehabilitation PPP with the Ministry of Energy as the faciliity wasn't theirs to give - as Cominiere owns it. Whether there's any grounding to that is almost immaterial at this point, as they are taking the position that its fact - and unravelling that will likely not be simple or quick without a seeningly unlikely intercession from on high
Totally unsurprisingly that they've 'given' it to Zijin, who also unsurprisingly, are not withdrawing their efforts re: Manono. Shock horror. They will probably use this wedge to leverage us into accepting their involvement in the project. Without that power, the project is a no-go.
Tackling this legally could put another massive roadblock in the way of the project. They're smart operators, Zijin. Especially with Cominiere and CAMI in their pocket.
It may be an unpopular opinion, however I'm slowly converging towards the stance that we should just accept a 15% Zijin involvement, and pay Dathomir the extra chunk they wanted for their 15%.
It would massively stick in my craw and cause blood to boil, but I just don't see how else we can maneuver through the rapids these guys are putting in our way in a concerted campaign. It could take years to sort through all the shit, and we are pushing back the likely production date already IMO into 2025 - even if we win in the campaign (which isn't certain)
Cominiere have always said that we weren't allowed to sign that rehabilitation PPP with the Ministry of Energy as the faciliity wasn't theirs to give - as Cominiere owns it. Whether there's any grounding to that is almost immaterial at this point, as they are taking the position that its fact - and unravelling that will likely not be simple or quick without a seeningly unlikely intercession from on high
Totally unsurprisingly that they've 'given' it to Zijin, who also unsurprisingly, are not withdrawing their efforts re: Manono. Shock horror. They will probably use this wedge to leverage us into accepting their involvement in the project. Without that power, the project is a no-go.
Tackling this legally could put another massive roadblock in the way of the project. They're smart operators, Zijin. Especially with Cominiere and CAMI in their pocket.
It may be an unpopular opinion, however I'm slowly converging towards the stance that we should just accept a 15% Zijin involvement, and pay Dathomir the extra chunk they wanted for their 15%.
It would massively stick in my craw and cause blood to boil, but I just don't see how else we can maneuver through the rapids these guys are putting in our way in a concerted campaign. It could take years to sort through all the shit, and we are pushing back the likely production date already IMO into 2025 - even if we win in the campaign (which isn't certain)
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