Am not surprised. I have been saying all along that its impossible for Hamish to meet the new Governor anytime soon although he said he would arrange to meet the Governor. If the Governor is against mining why would he make meeting GMC a priority ? He is against the exploitation of his people and his lands.
They way i see it is, GMC will come out of trading halt tomorrow and with an agreement to extend to the Convertible note expiry with PT Gulf Mangan Grup “GMG”
and PT Jayatama
Global Investindo “PT JGI”
but could very well
come at a cost, so be very careful. The title of the most important piece of equipment "The Smelters", is under GMG and PT JGI. They pretty much own it.
Tomorrow if the extension is confirmed, what the last few days/weeks/years will show is GMC cant be trusted. Delays after delays and always failing to deliver on promises. Its happening over and over again as proven by the last few years.
Time and money getting wasted here by hard working mum and dads im sure.