Quickupdate:"Indochine"havebeengrantedtherighttocommenceanappealintheSupremeCourtofPNGtooverturnthethedecisionmadeagainstthemintheNationalcourtofPNGandwhichfoundthatthebothPNGMiningMinisterandtheMineralresourcesAuthorityhadactedcorrectlyinnotrecommendingtherenewaloftheirlicence.TheappealintheSupremeCourtwillstartatendFebruary.WhoknowshowlongtheappealwillgoonforasIDCwillfighttoothandnailandofcoursetheotherpartiesinthecase(includingthenewlicenceapplicantswhowereagainstIDCintheNationalCourtdecision)willdoexactlythesame.Myview-keepinvestinginPNGbutmakewisechoices-therealissuesliesquarelywiththemanagementandmajorshareholdersofIDC.Supreme Court hearing commences on 26th Feb...
Add to My Watchlist
What is My Watchlist?