I hope they are positioning themselves legally to challenge the BAPE request decision. ‘IF’, and it remains an if, they have adhered to the correct legal requirements to obtain the mining license as set out by law then this must be appealed and that appeal must be successful no matter what ‘noise’ comes from elsewhere. It’s the law.
Of course this will be extremely unpopular with many folk (Hence the continued hearts and minds campaign).
I don’t think it’s unreasonable to allow adequate time to address this possible injustice. It will have to be handled with care and through correct legal process which takes time....and sadly money!
As a long term investor I hope they have a leg to stand on and await commentary from management, either way, asap.
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