Honestly, get a grip on reality. IXR relies on the Governments information. IXR can't just make it up. If you understood what you read in the release you would or should have noted - here in full:
The Company, through RRM, has been in regular dialogue with representatives of the Ugandan Ministry of Energy and Mineral Development (MEMD) for an update on the MLA and the Ugandan Government's progress with updating mining regulations.
The time and diligence to legislate Uganda's new mining regulations demonstrates that the Government is intent on securing the right balance between growing the economy and ensuring sustainable mining practices and balancing stakeholder interest.
The longer than expected time taken to update the mining regulations has extended timelines for their gazetting and therefore the approval of Makuutu's MLA for RL 1693 (TN03834).Uganda's mining industry is developing and due care is being taken by the authorities to consult widely on the regulations.
= = =
The last paragraph's underlined sentence clearly shows it is the Government that is dotting "I"s and crossing "t" and putting on drag, but better to measure twice, cut once though you probably prefer a hammer first up..Perhaps you might inform everyone how you could go over there and do a better job and beat the Ugandan Government up.
Importantly: The MEMD has pledged its commitment to have the Regulations gazetted as soon as appropriate reviews are completed- and yes.. this does mean some more time. Get over it This will be a long life mine so best to iron out kinks and creases early on and have everyone on board with the same clear idea or vision and knowledge of what it looks like, and where it is going and "who gets what when" and is it up to standard.
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