had you read the actual terms of the agreement they must come up with proof of finance for the work programs of the project in the next 6 months.
That's not going to be for a few million is it? It will be for many many multiples of that...
Term of Agreement The Agreement shall have an initial term of six (6) months from the date of grant. During this initial term, MMCI is required to submit the following:
▪ Additional proof of financial capability to undertake the implementation of the pertinent Work Programs, and
▪ Certification Precondition issued by the National Commission on Indigenous Peoples.
Ann: MCB Project Mining Permit granted by Philippine Government, page-17
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