the first report of Sumitomo's intent for access agreement was last tuesday and in 9 days Solomon Is govt hasn't confirmed or denied the report. Now this today from Solomon Star.
Mr Josiah Riogano - Chairman, Bugotu Landowners Association
"The BLA then and many times since has publically and clearly stated it DOES NOT accept Sumitomo and NEVER will."
"Moving forward to the international Tender of 2010 we know by the NCRA government's own public statements that there were four bidders. One was rejected for non-compliance leaving three in the running. One of those three applicants was BML which represents both the aspirations and goals of the BLA Landowners and the BLA's long standing Australian partner Silanda (SI) Limited 2."
"The Isabel IT process was undertaken and regulated under the Mines and Mineral's Act and Regulations (the Act) but yet there are so many potential breaches of the due legal process by the Minister of ME&RE and others involved, that one can clearly see why our country is in financial distress and our people are frustrated when elected individuals behave so selfishly and poorly in the national interest!"
"When will the NCRA government and outside multinational companies realise that the BLA wishes to proceed as a equity holder in the development of the Isabel nickel deposits and not just be paid a pittance under a surface access agreement."
"It is also now widely known that senior executives of Sumitomo are currently on Isabel trying to woo BLA members to make surface access agreements." ----------------------------------------------------------------- Axiom didn't participate in the International Tender process but only has long standing (recently updated in Oct) with traditional landowers on the two islands. They to get 20% of project (if Axiom can manage?). Axiom is not exactly cashed up to pay for lawyers and looks like Sumitomo will "dig in" and keep on wooing the locals. If Vietnam falls , it's Sayonara Axiom san , yo
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