RE: Court Case, Share Price & Other Mysteries Of The Universe17 Jan 2022 20:29
The history and decisions of EMRA.
Many years ag when Mark Cambbel was working for Centamin accompaneing Sami the boss.
They both liked the prospects of Abu Marawat.
Then Cenamin were awarded the SUKARI concession,but Sami the Boss and excellent geoligist had a choice,one the other ,not both.
Sukari was chosen the other given up.
The reason .
Emra wanted more companies in Egypt.
Later they found many offered conceccions were sat on ,not made operational.
Not good .
their relationship with Sukari Centamin has been succesful.
IMO they will not allow Sukari nor Centamin in Egypt to be taken over or aquired by a Giant.
Who has already been offered concessions ie Priviliged/
It would not be good Press and not encourage other exploration and much cost to be controlled by outsiders. ie Giants.
Its Politics .
But only IMHO.
Think about it.
They would not allow Shalateen to be stolen by Suwaris ,and now they are much larger and neighbours. Having been given concessions in a prime region.Shalateen being Miltary owned.
EMRA , Military ,Government.