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31/05/25
12:02
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Originally posted by Stickshift:
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The North has gone under legitimate arrangements to the Chinese. Nigel told us at an AGM that - as required under the DRC mining code - insufficient exploration had occurred on the North. Holders can complain all they like, but the rules have been applied. Shortly afterwards, AVZ commenced more drilling on the southern half of the tenement... Many holders complained at the waste of expenditure at the time, but it was done to ensure compliance with the mining code, at risk of it also being taken from Dathcom.
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Find me the rule in their law that says tenements can be split arbitrarily at any time, and I'll believe you. If there was such a rule, then we wouldn't have a case at ICSID or ICC. "Exploration" covers the whole tenement.