Ann: Suspension from Quotation, page-86

Worst case scenario is we cede 7.5% of the project more than we forecast - at a market rate probably similar to what GanFeng just paid.

Panicked statements like "if my investment is cooked' aren't warranted by the facts - which are for sure very disappointing and anger inducing, but hardly catastrophic to our investment given on the financials we are nowhere near (not even halfway) to being fully priced. So to lose 7.5% of the project for absolute certainty ongoing? Maybe it's the deal with the devil we need to make? IDK....


My biggest concern if this new mining code is accepted by LLL as applicable, is actually receiving the funds for the extra 7.5%. It's typically given in tax-breaks, only this government are currently showing they ignore their own tax law by imposing VAT at the border.