Hi Gassed. EOPL have nothing to do with the mining licence as...

Hi Gassed.

EOPL have nothing to do with the mining licence as they are not the ones applying for it. Issue is with LNY and that they probably are trying to dictate to EOPL how to run its own business. As EOPL is the one who is wearing all the production risk, not LNY, they are probably driving a hard bargain. I'm sure you wouldn't enter a deal where you feel your profitability is being compromised by someone dictating how you are to operate.

Issue is with LNY and them trying to be a miner on the cheap and not putting more thought into the process and how it was all going to work much earlier.