RE: Mozambique Mining Cadastre Map Portal6 Jan 2022 12:54
Correct, in legal circles no win no fee company’s typically take 30-50% in fees so any money gained if you cut that by worse case 50%, personally, I’m not too sure they will find a finder. From what I understand the Moz government have NEVER paid out on any lost claim, we may win but actually seeing money we won’t, freezing assets etc all end up costing money and in the end this could go on for years, PFP have already stated they are looking at alternative projects which tells me that they aren’t confident of seeing anything anytime soon, the Chinese aren’t bothered they will crack on and do what they want, their government ignores world politics so businesses there don’t care, they have been faking goods for years and flooding the markets yet the big names who they fake the goods from don’t ever sue them as it’s pointless…I think we will be lucky and May get fobbed off with a new licence for a new patch…can’t ever see any compo money heading our way the talk of $621M and beyond is just paper-talk for shareholders to stick with the BOD, we will be lucky to see this share above 1p anytime soon