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0.00% 0.0¢ indochine mining limited

Annual Report 26-10-2018, page-7

  1. ozmadian
    27 Posts.
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    13/02/19
    17:03
    Post #: 37426645
    Originallypostedbyozmadian
    Quickupdate:"Indochine"havebeengrantedtherighttocommenceanappealintheSupremeCourtofPNGtooverturnthethedecisionmadeagainstthemintheNationalcourtofPNGandwhichfoundthatthebothPNGMiningMinisterandtheMineralresourcesAuthorityhadactedcorrectlyinnotrecommendingtherenewaloftheirlicence.TheappealintheSupremeCourtwillstartatendFebruary.WhoknowshowlongtheappealwillgoonforasIDCwillfighttoothandnailandofcoursetheotherpartiesinthecase(includingthenewlicenceapplicantswhowereagainstIDCintheNationalCourtdecision)willdoexactlythesame.Myview-keepinvestinginPNGbutmakewisechoices-therealissuesliesquarelywiththemanagementandmajorshareholdersofIDC.


    Supreme Court hearing commences on 26th Feb...
    IDC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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