Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
FYI...
MOSCOW. June 7 (Interfax) - The point of the bill that will prohibit granting resource development licenses to foreign companies is that nonresidents will have to set up a legal entity in Russia and transfer the resource rights to it, Natural Resources Minister Alexander Kozlov said at a meeting of the United Russia Presidium.
"The logic is very simple. If you are a foreign resident and use our resources on Russian territory, then it would be right to not just own the license, but to own a legal entity registered in our country that is subject to Russian legislation and pays taxes here," Kozlov told reporters after the meeting.
The measure is intended to ensure the uninterrupted operation of resource companies in the event of the forced suspension of business activities on the part of foreign partners in joint projects. The bill applies to both new licenses and already issued ones.
At present, there are certain restrictions for foreign investors regarding resource properties of federal significance, but in general resource users can also be foreign. But in reality, there are very few such examples. In the whole country, the Natural Resources Ministry found only five such licenses. They are owned by a non-resident company, meaning a company registered abroad and operating in Russia through a branch.
Other than that, resource users with parent companies abroad or foreign beneficiaries already hold licenses in Russia through local subsidiaries, meaning the bill under discussion should not affect them.
Post into Yandex, translate into English & see for yourself..
https://checko.ru/company/kosvinsky-kamen-1026601102725
A company can also hold off if putting news out would prejudice its ‘legitimate interests’. However, it needs to ensure it has taken steps to keep the details confidential.
https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://www.sharesmagazine.co.uk/article/understanding-the-different-types-of-stock-market-announcements&ved=2ahUKEwib0-2GmKr3AhWJi1wKHaduCog4ChAWegQIEBAB&usg=AOvVaw06Bw-RmevVxfqPWg88jpcF
A few days back someone enquired what the acronym TPI stood for, I replied saying it was Transition Pathway Initiative...though this is true, it also stands for Tissue Preservation Index
(Which has connections to Acid Water Mining)
But, in the context of Jorc Reports..it means Third Party Inspection....
The Transition Pathway Initiative (TPI) is a global, asset-owner led initiative which assesses companies' preparedness for the transition to a low carbon economy. Rapidly becoming the go-to corporate climate action benchmark.
"The Group also maintains an active interest in non-core, innovative mining solutions including the Kamushanovsky Uranium Project in Kyrgyzstan and the Semenovsky Tailings Project in the Republic of Bashkiria, Russia. Due to uncertainties surrounding the ultimate recovery of these interests, these have been written off in 2018 and 2017 respectively."
See EUA's Financial Report dated 15/05/2019
All the best seasick....have yourself a good time mate....I'll be sure to give you a thought over Christmas time.....you may not have any (blood) relatives....but you certainly have a lot of family on here....all the best mate.....
Abrdn close to £1.5 billion Interactive deal as market for small investor hots up
https://f7td5.app.goo.gl/M6j3cj
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