KCN 2.66% $1.83 kingsgate consolidated limited.

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  1. 9,479 Posts.
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    Thanks danbradster, I have been receiving similar updates.

    Unfortunately, the now supposed democratic Thai Government will have to deal with some loss of face given any proposed extension of the ML for 2-3 years to compensation for shutdown isn't going to cut it. No International Courts would see a rational investor allocating +$50M of their own money just to restart the mine is fair unless greater safeguards are put in place.

    International tribunal courts require a complete discovery process, so each of the Thai departments involved in reviewing the mining operations at Chatree will have paper trail to confirm they were meeting or exceeding the legal requirements. In fact they were worlds best practice, so its nonsense to now suggest they'll impose even greater controls to deflect it was shut down in error.
 
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