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06/09/22

10:16

Post #: 63537304
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Originally posted by Dogsdinner ↑

How big are the Karjoondies on the African President! he's ignoring the international laws and the instructions of the arbitrator's. Just doing as he pleases will not end well

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• The Republic of Cameroon failed in its appeal against the interim order by the Emergency Arbitrator at the International Chamber of Commerce, which restrained the Republic of Cameroon from granting exploitation rights over the Mbalam iron ore deposit to any party except Sundance's subsidiary, Cam Iron.

• Subsequently and against its own laws, international legal norms and the Emergency Arbitrator's order, the President of the Republic of Cameroon has issued an exploitation permit over Mbalam to a company called Cameroon Mining Company SARL.

• Sundance had hoped to achieve a settlement of its dispute with Cameroon but will now pursue the arbitration against Cameroon with increased vigour.

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CAMEROON ISSUES MBALAM MINING PERMIT TO THIRD PARTY IN BREACH OF ICC INJUNCTION

SDL Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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