I am guessing
"..The Company has been waiting for over two years for this renewal application to be granted, and despite repeated assurances from the Dominican Department of Mines, this has not yet occurred."
that the reason the Dom.Repub has no intention of handing over a concession is PGI has not paid any tax and could slide into the tailings pond only to emerge with a valuable concession.
So until we pay tax and make money they will foot drag. Not complicated if you think about it from the Dom. Repub side.
Ann: Quarterly Report 30 September 2014, page-13
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