The government is pushing for 67% ownership instead of the offered 50%. May take a while to get sorted and doesn't look good for Centerra or investment in the Kyrgyz. Worrying, though no evidence that this is necessarily going to be the same deal for Chaarat.
At the presentation, Golan was asked if talks with potential partners on the eponymous Charaat gold deposit would result in the sale of the whole company - 'I don't necessarily want to mine, I want to make money and create value for shareholders' was his response.
So it's plain as plain can be - there's going to be a huge takeover or JV at least with ....the Chinese IMO
This Sept 23rd article indicates Centerra are progressing towards an agreement with the Krygyz government. Whether they reach the agreement this year and whether the terms are that favourable is open to debate. However, it looks likely that an agreement will eventually be reached. This mine is a much more important issue to Kyrgyzstan than Chaarat - it's succesful resolution should pave the way for relatively smooth sailing for Chaarat IMO.
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