Came across this (below) on ramumine site - not suggesting it is correct, could be just a disgruntled landowner, however the company needs to inform shareholders quickly whether renewal has been granted via an announcement - it is 6 days away from expiry. Clearly it's not good to have this kind of thought out there.
The PNG Mining website shows .....http://portal.mra.gov.pg/Map/
EL1093 Pending Renewal - Registration Complete
Exploration License
Summit Developments Limited (100%)
Date Applied 07/10/1993
Date Granted 29/08/1994
Date Expires 28/08/2014
Area (Sub blocks) 65
kappa man
August 22, 2014 at 2:18 pm
We have been doing discovery on our Mt Kare mine that has been misrepresented by companies Indochine and Summit.
Indochine(IDC) has been raising millions of dollars through the ASIC Stock Exchange over the last 3 years.
Indochine does not have the EL1093 license, according to the Minister of Mining website. EL1093 has not been renewed since 2010 when the license was held previously with Maddison a Canadian Company.
We the ILGs have been lied and cheated by these persons working inside Indochine.
https://ramumine.wordpress.com/2014/08/22/we-do-not-want-to-be-slaves-in-our-own-land/#comments
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