News from across the road. Alaska has just returned the counting...

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