Hi Dr Sanchez
I believe you have misunderstood the process of license granting.. IXR had to acquire 100% acceptance by the residents in the land that will be affected by compulsory relocations. The company achieved 95% acceptance or thereabouts and reported that 100% of the people who could demonstrate that they had a legal title to their land had signed the agreement of consent.
It would seem that the remaining 5% of landholders could not demonstrate that they had ever had a legally enforceable title to the land they occupied. We have been lead to believe that the Ugandan Government will in due course grant the mining license. If I am correct and that it is a done deal so to speak, so it should just be a matter of a few more weeks before the ML is granted. Governments move slowly when processing legal agreements so I hope that we just need to be patient.
If anyone has better information please post their interpretation on what I have discussed.
Chrs W2
Hi Dr Sanchez I believe you have misunderstood the process of...
Add IXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $62.80M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.3¢ | $53.88K | 3.867M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 20838352 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1474404 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.4¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.4¢ | 1.5¢ | 1.4¢ | 1949474 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IXR (ASX) Chart |