Huge win for Linc !

News from across the road.

Alaska has just returned the counting of votes on the amendment to repeal the favourable tax concessions by the state.  With a slim majority of only 52% the repeal was defeated and the tax concessions will remain in place.   This is a HUGE win for the company, as a loss would have surely placed the Uminat  project, in limbo, with major financial issues.

PB [as I am] must be having a huge sigh of relief, after this vote.   Sure was close though.


http://www.argusmedia.com/News/Article?id=923204