RE: 3 Arc Directors didn't disclose to Arc's shareholders that they privately owned their own Zambian copper licence...2 Apr 2024 14:15
@DG, I have had a conversation which fleshes out the details quite a bit. It was an exclusivity and NOT a license that and it was difficult/complicated then and would not have been ever considered an addition to the JV (Phelps D far too complicated, and the license not even recognised by the cadastre, it still isn't) remember we sold off other assets to accommodate the JV .Would I have done it ? Possibly not, but directors invest their own money in deals all over the place. I know of other past deals in Zambia (again not licenses) and don't have a problem with it at all. "Sustineri have no other interests" People can and will make their own judgements, of course the boring bunny boilers will try and shoot the messenger, I care not, won't see it and they are irrelevant.