What needs to be explained exactly about the exploit ore part? Seems pretty straightforward: the company needs to exploit ore by May 2020. Veovaca can be exploited prior to May 2020.
And on your comments on BiH being a former warzone and having a different institutions I want you to explain to me why Lundin is so intent on buying Nevsun, which has projects in Serbia, which is BiH's neighbour, and has similar institutions and a similar past of war and genocide. Major investors like Rick Rule's Sprott Inc. understand that most jurisdictions have specific advantages and disadvantages. BiH is no exception to this. For example: Energy cost is low, geopolitical risk is moderate. A jurisdiction like California has low ultralow geopolitical risk and high environmental risk.
If different institutions and a warzone past are huge hurdles for mining companies then why are 10s if not 100s of foreign companies, including majors, active in the Congo?
Beware some of the downrampers of this stock on this forum - most will not be here for the long-term imo.
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