Sub 3 cps again ?, page-8

Hi Tobyjack,
My interpretation:
I dont think we need to worry about the second part of your posting by kappa man
August 22, 2014 at 2:18 pm
due to the first part of your posting which i have also confirmed on http://portal.mra.gov.pg/Map/
Exploration License is owned by Summit Developments Limited which is a subsidiary of IDC, it also confirms what we have been officially told by IDC that they are in the process of renewing said license but we have to wait for:    (Below is from market update 18/08/2014)
"The EPG sought clarification on some key aspects of the LIS, and these have been provided to their
satisfaction. We hope that the EPG will shortly endorse the LIS so that the LIR can be conducted on site
between the various clans identified as principal landowners in the LIS. This process will take approximately
two weeks on site, and will be conducted under the institution of the hausman - a meeting of clan leaders
and representatives to sign off on the LIR as clan agents, and also to apportion benefits for each of the
clans.:
so we have to wait 2 weeks from 18/08/2014.

Also this article from PNG Mine Watch dated 12/08/2014 is very positive on the issue.
https://ramumine.wordpress.com/tag/summit-development-limited/