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newbie2016

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10/10/22

15:52

Post #: 64121500
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Originally posted by richardlow: ↑

Good to see LCL is making progress in getting acceptance and support from the local community. How about the Emberá Karambá indigenous community? Because they are the main barrier in acquiring the environmental license.

Have a look at the PEA that was just released by the neighbour company in Quinchia, Batero gold: https://www.newsfilecorp.com/release/139797Good thing is that they are still planning to develop into open-pit mining, but they did also acknowledge that more work needs to be done with the Emberá Karambá indigenous community.

"Batero is carrying out all the processes related to activating the "proportionality test" with the Emberá Karambá indigenous community with the objective that, together with the protocolization stage carried out with the Emberá Chami group, the prior consultation process can be fulfilled with both indigenous biases, in order to file the environmental impact study (EIS)."

Hopefully LCL focused on the Emberá Karambá indigenous community equally as the other non-Indigenous community, which are more numerous in size. It seems like it is not easy to bypass this indigenous community.

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Maybe Batero can share plant with LCL? Win win situation.

LCL Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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