plonka - as you know, the Sandong mine was a South Korean State Owned enterprise, and was historically a large contributor to the SK economy, until it was " transitioned to private ownership in 2006 and is now operated by Almonty Korea Tungsten Corp (AKTC) a subsidiary of Canadian company Almonty Industries. " (source:copilot)
Despite all the financial difficulties etc with Almonty itself, the Sandong mine has progressed quite significantly since those old heady days, and one wonders if the SK Govt rues the day they ever let it go.
Which begs the question, could there have been a clause in that 2006 sale agreement that allows the mine, in the event of failure by the owner/operator, or by way of financial bankruptcy etc, to revert back to the SK Govt ?
Do you have any knowledge of the circumstances of the mine transition from SK Govt to private hands in 2006 ?
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