Bigunks. The agreement with EOPL is that THEY do ALL the WORK in mining, the subject of the MLA.
And LNY states that the delay is because "Arrangements with the Traditional Owners regarding compensation and employment and training opportunities now being progressed", which has been the case for months.
SURELY EOPL MUST be a major factor in those "employment and training" requirements???
No, EOPL are up to their eyeballs in the delay problem.
EOPL are a private company. But, LNY are a publicly listed company with 3,981 shareholders and operating on debt finance until the other day. Surely LNY has a greater obligation to ensure that any delays are minimized??
This reeks of negligence on the part of both camps. Yes, accountants running mining companies!!!???
Will anybody be going to the AGM??