Sundance Resources (delisted) has ongoing issues with the Cameroon government.
An extract from their report to shareholders dated 15/4/23 states:-
"The Republic of Cameroon has ignored the interim order by the Emergency Arbitrator at the ICC and instead granted exploitation rights over Mbalam to a third party, resulting in a Memorial of Claim being issued against Cameroon. The mysterious circumstances surrounding the sudden death of the Cameroon Minister of Mines in January 2023 have delayed arbitration proceedings."
Fascinating commentary.
We haven't fallen that far and let's hope that our current MD can sort out all the issues.
The 'mysterious circumstances surrounding the sudden death' peaked my interest!!
Regards.........................
CAY Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
