I believe we are currently drilling on the property and that Todd, boots and helmet and all are on site to observe. I’m not sure when we may next hear any news from the site; however, whilst we wait you might find the linked article informative.
It would appear that if there is a decent commercial resource to be mined the local government is trying to make it easier to do than (dare I say) a country like Australia.
Of course as we are all aware there is a long way to go for WCN; however, from the country of tree hugging greenies that like bathing in cold water and reading by candle light with some of the best politicians (Australian) money can buy I found the article encouraging.
“The Kyrgyz Government creates prerequisites for improving the investment environment in the mining industry. Prime Minister Joomart Otorbayev has signed a Government Resolution that provides for the elimination of gaps in the legislation and creates better conditions for investors.”
They also appear to have a sensible approach to taxation in regard to mining companies.
I guess if all else fails we could plough the entire lease and plant fruit and vegetables to fill the gap left in the Russian supply chain as the Europeans once again shoot themselves squarely in the foot!
Cheers and very best regards: Andy
WCN Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
