Ann: Independent Investment Research Report Released, page-7

Been doing some research into it. I think what's happened is that the high cost of UG mining caused the company to stop operations in 2015 or maybe just before. There were labour strikes etc so clearly the locals wanted the work but the company couldn't afford it and let the labour force go to preserve the company. It's likely the local took them to court over that closure but I note the company stated they have a decent/strong case in their favour. Worst case, they pay the 1.13m USD to settle it. I don't think it's material as they could probably negotiate a time extension, or rehire and get the local to mine existing tailings to pay for it. Alternatively maybe just fund raise. Loads of Chinese money invested and the gold deposits look very attractive so they're not going to let something this small get in the way.