going bust i told you all, page-13

Wayang
Very valid point but some questions.
There are several licences were they all negotiated post 2004(not critical as some are not even under review)
The main licence(KIPOYI) was negotiated by Congo Minerals.
When was this concluded.?
The big issue in renegotiation would be feasibility study which CongoMinerals promised to do and didnt but is now complete (presumably to be redone on JORC)
Other issue is royalties which are about 0.5% below the average for Katanga.Pushing them to 2 or even 2.5% would not hurt a project this rich
From a social aspect they (DRC)would surely be happy with the 40% This pie is big enough for everyone.