Yes toffers I know what disbursements are having paid them....we are speaking in an international context...hence why I referred to geography. Quite obvious really.
Director and officers insurance is common especially in this context. Suspect there is not a specific queeld exclusion. This is a uk domiciled company with russian subs. Why wouldn't there be international disbursements.
Toffers we are doomed we should all run for the hills. If they're not covered not much we can do we are in it and if we lose tough on us...ok! Now give it a rest.
Other legal costs will include company adviser retainers , drafting of legal documentation when dealing with land, mining applications with the rf etc etc. Cant remember who paid what mispare case?
Not sure re comment ikn as i doubt we would specifically see legal costs. They would be in management accounts. They may be noted under exceptional items however. No breakdown as we have all sorts of legal costs going on.
The insurance cover is likely to be capped so we don't know what the limit is. We don't know all the facts and hence are in no position to asset either way. However, I do think eua have taken legal advice and will act upon it.
Got to look at the logic of buying a gold asset of which you already have an interest in as opposed to buying an exploration company. Think newmont don't need an exploration company and complexity around this.