Enjoying reading everyone's opinions. Not enjoying the situation...

Enjoying reading everyone's opinions. Not enjoying the situation we have found ourselves in with SDL.

Two questions for those people who care to hazard a guess.

Can anyone tell me why the Mining conventions/Permits have not been issued yet? It seems that SDL and the government have a focus of getting this project off the ground as soon as possible. The government seems to be holding up the mining permits/conventions until funding is secured...or so we have been led to believe..... This is what I don't understand. Would it not have been simple enough to put a clause into the mining convention to say that it had been issued on the proviso that development was funded and started within a prescribed amount of time.

Why is Hanlong considered to a have some sort of a blocking stake when they only hold 20% of the company....officially?

For what it is worth I think we will see a JV deal with a Chinese steel mill once the conventions are signed.