All miners operate under an exploration licence with the understanding that once they meet the requirements of the work program, an exploitation licence will be granted. It is just part of the inevitable process. Depending on the stage of project development, the claim will be given an appropriate value. The claim is for $1,8b but may be reduced to $200m in the determination. Clearly Sweden are taking the claim seriously.
You’re also ignoring the fact that Sweden will not want Aura to go out of business or “starved” - they have a reputation of being a friendly mining country.
They (Sweden/companies) are also using the treaty to seek damages themselves.
Neutro, you are a valued contributor to the Aura threads but now that you've sold you are trying to talk down the ECT claim without any evidence - only “according to my opinion”
T
AEE Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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