Ann: MCB Project Mining Permit granted by Philippine Government, page-243

I suspect if people did a bit of questioning the company might find out more about this.

i suggest management have almost no skin in the game and no incentive to do a deal.

Don't forget CLA needed the cash ..... thats why SVM did a CR.... if there is any issues arising from that its CLA mgmt thats to blame right? they made the decision.

Pretending SVM are now the cause ( mining licence hopium didnt work so onto the next excuse by the hotcopper faithful ) of the no sp appreciation even though they must report 2% movements..... and even though they have no incentive to cap price..... is stupid.

SVM had a 15% stake in Orecorp but got beaten by PRU ..... because there REALLY were other suitors and people interested unlike.......

so don't pretend silvercorp is the cause of all your misery, frankly lucky they gave the cash they did.. look at the last raise without them it was laughable and desperate.