IDC indochine mining limited

Supreme Court hearing commences on 26th Feb...

  1. 120 Posts.
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    Quickupdate:"Indochine"havebeengrantedtherighttocommenceanappealintheSupremeCourtofPNGtooverturnthethedecisionmadeagainstthemintheNationalcourtofPNGandwhichfoundthatthebothPNGMiningMinisterandtheMineralresourcesAuthorityhadactedcorrectlyinnotrecommendingtherenewaloftheirlicence.TheappealintheSupremeCourtwillstartatendFebruary.WhoknowshowlongtheappealwillgoonforasIDCwillfighttoothandnailandofcoursetheotherpartiesinthecase(includingthenewlicenceapplicantswhowereagainstIDCintheNationalCourtdecision)willdoexactlythesame.Myview-keepinvestinginPNGbutmakewisechoices-therealissuesliesquarelywiththemanagementandmajorshareholdersofIDC.


    Supreme Court hearing commences on 26th Feb...
 
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