Kagara has now re-lodged the $3.75M Financial Assurance for Baal Gammon in accordance with the statutory approvals for the site. In consideration of the lodgement of the Financial Assurance and in order to facilitate the potential recommencement of mining activities, Monto has agreed not to exercise any rights it may have under the MRA or at law by reason of any default including terminating the MRA until 31
Potential Potential Potential
Interesting goings on with FMG
Paying a Divvy and having $750 million of debt facility unused
Then they come out asking for waivers
Strange
A nice announcement after the Trading halt will calm some nerves.
Surely with metals prices set to rally they can't be in to much trouble.
Happy not to hold any
KZL Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held