ADT 2.93% $3.31 adriatic metals plc

Ann: Constitutional Court Release Update, page-15

  1. 1,792 Posts.
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    This ruling only concerns the temporary use permit of state forest designated for the redesigned (expanded) tailings facility after the resource upgrade. Nothing else. This spot is really ideal other than the fact it is state owned, and any amount of deforestation with a sprinkling of mining operations is easily made unpopular.

    It was permitted for temporary use then rehab and return to state but the const. court has overruled the federal permit.

    Tailings can be done readily, either temporarily or permanently, on company owned freehold land that is within the exploitation concession. This does not impact anything operationally other than ensuring they can finalise another tailings facility within the same allocated timeframe. The company however expects that the government will be able to resolve it as it has much wider reaching impacts on BiH as a whole.

    I do agree the company release doesn't make this crystal clear.

    Good buying at $3.21 in my book.
 
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