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Onlyking, I agree Russia will keep China onside, however also unless the mines can sell to the World, either directly or indirectly through China, the cash cow for all of them is dead.
Daz, I wonder if they will sink the Leo Lithium money into purchasing a share of our mine?
We could both move up the order of priority if the government decided to do that.
Everyone talks as if Mali is different, but the same happens here. Rules are made, consultants look for loopholes and companies make a decision. Go with the legislation 'in the spirit of how it was intended' or take a gamble and push the boundaries. Cases are generally then taken against the companies and an outcome is reached, then that first test case is known in the industry X vs Y. If the government office loses, rules are changed if the government office wins the rest who pushed the boundaries need to dig in their pockets.
The gold guys pushed the boundaries with ore movements and that is what they are dealing with..
The companies like Leo Lithium who were getting taxi incentives from the government pushing the limits had more to lose. I can understand the office still being closed to sort the gold ore offenders out.
Gordon Brown ballsed up and part of HMRC was shut for seven months - didn't know his trusts well enough. This is not isolated to Africa.
Not long before we get the scheduled April update.
When you get this close to production nothing happens fast enough.
But remember the guys on the ground are working flat out on a massive mine site.
Contractors don't hang about and workers normally rely on bonuses to hit the big wages.
Cheers Acker.
Thanks for sharing the information.
Moving the right way for you guys, but another 500 dollars and upwards you can start breathing again.
Very unlucky timing.
Everyone would prefer approaching a peak once churning out material.
Accion, Mafele quest transferred and I think Banbura they were called paid, they had to be paid within days, and we received some small monies. However conditions were set for N'kemene Quest which, dependent upon what happens to Leo Lithium may not be met.
Unless you know different?
Stevo, it would fill a lull.
I have a feeling that Bougouni is obviously filling his time but I think the phone will be ringing off the hook for West Bougouni, still nothing is resolved at Leo Lithium, we could see a different deal for West Bougouni.
Leo Lithium are removed from ASX in 4 days.
Bearing in mind that the Mali government is clamping down on areas issued with licences but not progressing I don't think that Kodal can wait for Leo.
There could be news in this area first then gold, but until it happens who knows.
LSE look like they are looking for these multiple identies and dealing with them quickly with no input from us.
Good to see, it will improve all of the chat boards.