Further complicity is also deal is subject to approval of Mali...

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Royal_Viking

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07/09/20

19:18

Post #: 47153032
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Originally posted by tendoji: ↑

A complex gold deal delayed...
Reported by Mining.com

“Mali mine delayed amid coup”

Told you all, Aussies are too rash and hasty. Must be that ‘ball tampering DNA’ that makes them ignore lawlessness.

“”-government structures will be paralyzed by the ongoing political crisis, Raymakers noted [senior Africa analyst at risk analysis company Verisk Maplecroft.]

August 21

So here, these Canadians within 3 days have made a decision to delay the sale process of an acquisition IN MALI.

Common sense honestly. Holders would do better to get excited about the lithium sulphate DFS.

“-They will, however, have to deal with disruptions, including the imposition of a nightly curfew and the closure of all Malian borders, said Alexandre Raymakers, senior Africa analyst at risk analysis company Verisk Maplecroft.

Mining companies should also expect substantial administrative delays when dealing with authorities as government structures will be paralyzed by the ongoing political crisis, Raymakers noted.—“

https://www.mining.com/iamgold-sale-of-mali-mine-delayed-amid-coup/

The Canadian embassy in Mali provides consular assistance to Australians. Worth giving a call and see what they say about a “rapid return to stable government” in Bamako.

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Further complicity is also deal is subject to approval of Mali government, so what “government” is there when application for said, is submitted.

MLL Price at posting: 19.5¢ Sentiment: Sell Disclosure: Not Held
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Further complicity is also deal is subject to approval of Mali...

Top Stories

ACCC seeks Olam divestments before it can buy Namoi Cotton

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

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