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clock Created with Sketch. 19/08/17
11:03
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Originally posted by Nodferatu
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KCN - interesting that the Thai Gov have lifted the suspension on their Chatree mine.Update on Claim against Kingdom of Thailand Representatives of Kingsgate Consolidated Limited (ASX:KCN) ("Kingsgate" or the "Company") have met with representatives of the Royal Thai Government to discuss a possible settlement of the Company’s claims against the Kingdom of Thailand under the Australia-Thailand Free Trade Agreement ("TAFTA"). Shortly before the meeting, the Company was informed that the Thai Government had lifted the “temporary suspension” of the Chatree Mine, which is operated by the Company’s subsidiary, Akara Resources Public Company Limited ("Akara"). Further, Kingsgate was advised that Akara’s application for renewal of its Metallurgical Processing Licence, which expired on 31 December 2016, could now be processed. very real
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Given recent law changes in Tanzania and the effect on ASX stocks operating in that jurisdiction its interesting watching the action on Lithium stocks in the DRC. Must admit I've traded them myself but not large amounts. A computer keyboard can be an easy disconnect. Reality can be harsh and sudden if it sets in.
