This is showing another post that lacks any research!
re: "Mali doesn't move slowly, ....(sic)"
Maybe you should write B2 Gold's CEO and tell him that as well?
Information from a previous post:
https://hotcopper.com.au/threads/general-discussion.6733915/page-9240?post_id=71761276
B2 Gold -- in discussions / negotiations with the government since
1st September 2023,
~ from the CEO Johnson "there a lot a lot of discussions going on which is very healthy, we are confident we can find common ground going forward."
~ applied for a licence in September Quarter 2023
++ there has been no more information as to the status of negotiations......
Update:
* Receipt of a mining permit for the Fekola Regional licenses remains outstanding . .. ..
* The expected increase in Fekola's AISC for 2024 relative to 2023 reflects the expected decrease in production at Fekola in 2024 due to the delay in receiving an exploitation license for Fekola Regional.
Barrick -- in discussions / negotiations with the government since
1st September 2023,
Bristow;
~ "there are unaddressed issues, one being the pressure on certain taxes that are not protected in the code" "we are working on that, but at the end of the day it is an education."
~ "it takes time for people time to really comprehend that, because these are not economists or miners, but military people. They are all colonels, you have to take time to understand the model"
~ then personally engaging with the government, "we are optimistic, that, as in the past, we will find a mutually acceptable way to keep gold shinning for Mali"
++ there has been no more information as to the status of negotiations......
Kodal applied for its mining licence to be transferred to the JV over
17 months ago
, still in discussions and to my knowledge has yet to be completed?
re: "it was supposed to be a couple of weeks (sic)"
From the Company announcement;
"The Company will provide an update when a settlement with the Mali Government has been reached and we are working towards achieving that in the coming weeks".
From @xfactor1 notes:
- Regarding timing and the recent announcement made on 19th Jan, there was an expectation that it would be closed out quickly.
- Fact of the matter is that things move at a different pace in Mali and other mining companies are experiencing similar delays (e.g. recent comments from B2Gold during their Corporate Presentation 24 Feb 2024 reinforces this).
- The company acknowledges the delay and is considering whether they put out another statement on that, but there are some key developments that they are waiting to see pan out first that could swing things in their favour.
@tara007
Although you may think replying to these two is somehow giving them any credit, and as much as it may annoy you and others, I will continue to rebut any misinformation they post under the loose disclaimer of using IMHO. If me continuing to do that remains annoying then I can only suggest you put me on ignore.
~ Why do I bother? The data I have collected there is between 940 - 1,500 people view Company announcements, this has increased from the 540 - 890 that were viewing 6 months ago.
Although I have no way to decipher how many are current shareholders versus potential new investors but given that the Company has been removed from the ASX300 & the All Ords indexes, leaving retail shareholders as the Company's main shareholder base.
With most putting these two on ignore or not replying to them, will leave those retail investors that may use HotCopper for additional research but will only have the dribble they post if they are given a free reign, unfortunately the 2 of them will continue to post regards if people reply or not with their aim to clutter/disrupt any half decent debates that gets lost in their rubbish.
@Kikker1959
You really have no idea!
You don't think negotiations can change at any given point before a signature gets put on the dotted line?
The Company had an expectation it would be closed out quickly but as per
@xfactor1 post, there were some key developments they were waiting to see pan out first.
Maybe you should drop the CEO of B2 Gold an email after they had expectations (and informed shareholders) that they would have their new mining license for Fikola Regional and published production and cost figures but have since informed the market of lower production and higher AISC for 2024 - this may change (again) if their licence is approved before end of June.
cheers
(20min delay)