VEC vector resources limited

More from the annual report. Maniema Project. “In late October...

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    More from the annual report.

    Maniema Project.

    “In late October 2019, the Company received a letter from its partner (WB Kasai Investments Congo) on the

    Maniema Project giving notice of termination of the arrangement. Prior to receipt of this notice the Company

    had intended to notify its partner of the Company’s intention to withdraw from the arrangement.

    The Company is proposing to return the project to WB Kasai and terminate the existing arrangement.”


    Then we have the following...22-Sep-2020 FINAL DEMAND for us$160,000.00


    “On 22 September 2020, the Company received a final demand from WB Kasai Investments

    Congo, the JV Partner on the Maniema Gold Project, for approximately US$160k of unpaid
    licence fees on the project. The Company has asked for more information on the matter”

    Asked for more information, surely there was earlier information supplied in requests for payment?
    Last edited by MeToo: 01/10/20
 
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