Alaska has just returned the counting of votes on the amendment to repeal the favourable tax concessions by the state. With a slim majority of only 52% the repeal was defeated and the tax concessions will remain in place. This is a HUGE win for the company, as a loss would have surely placed the Uminat project, in limbo, with major financial issues.
PB [as I am] must be having a huge sigh of relief, after this vote. Sure was close though.
