Which is - because its Tier 1, PDI will have to accept the terms and conditions put forward by the govt otherwise they COULD be forced into handing back their exploration license. Not saying it will happen but if the Govt demanded 25% free carry plus a whole raft of other concessions to allow for the ban on mining to be overruled in the NP buffer zone, what do you think PDI management would do?
Possible....firstly, PDI have had in depth conversations with both the Min of Environment and Min of Mines....PDI....clearly....they have had clear instructions on what they have to do to obtain a mining license and they are going through that process.....no doubt the Guinean Government wants to promote their country as a place to do business....would be very unwise of them to change the goal posts re your 25% idea....not smart to f@*k off Blackrock either!!!! Really no need for me to write the above paragraph.....can be summed up in one word....RISK.....just remember, "there's no life without risk!!"
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