British markets are the least regulated of all the major markets. That's why every dictator and mafia leader worth their salt has money there. I'm minimally invested in uk markets. Most of my EMH is in Frankfurt.
Steeple, the MoU CANNOT be rescinded unilaterally. Will everyone get this into their heads? Both parties to a signed document have to agree to it being rescinded. Otherwise no signed document of any kind would have any validity. The only way the MoU is rescinded is if EMH agree to it being so. But the MoU is largely meaningless anyway. And the RNS staes, EMH's activities are governed not by the MoU, but by the law. The law cannot be changed retrospectively, although I accept what Tiger says that things can be unpredictable in the CR. And that's the rub here. There's not yet enough certainty. But no mining licence? Then no mine before 2025.
I think I agree Myst. But not being a legal expert, I'm reluctant to commit. It may give some protection and leverage. It can't be rescinded unilaterally, and if the Gov behaves as though it is, then they'll end up in court. Of course, we don't want things to go that way though. I'm sure KC and his lawyers, not to mention Arca, are playing the game appropriately.
The coming announcement will hopefully make everything clear Myst. I hope it's well written, comprehensive and unambiguous. I have no doubt it'll be positive.
On February 26, Green Car Reports reported,
"Fiat Chrysler to end diesel engines in cars by 2022 (but not trucks): report. The company owns the Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram brands."
I suspect gov gave emh a revised MoU that wasn't acceptable and so was ignored. No it's cancelled, which is probably a good thing as clears the air. But question still open as to govs long term intentions.