Still no acceptance of reality in Guyana:
https://www.stabroeknews.com/2023/08/28/opinion/editorial/restoration-of-troy-resources-mine-site/
1. "What will be completely unacceptable would be any attempt by this government to free Troy Resources of its obligations on the pretext that the area would then be offered up for new investor interest."
Bogus, as the tenements are belonging to companies from BVI, no new investors.
2. "the serious pollution risks from tailings ponds and other features."Cyanide in tailings will degrade after a while, the more sunlight the better. Strange how the tons of mercury that illegal miners used are no problem according to the paper?
3. "At last word the government has signalled that Troy Resources has not formally notified it of its departure."
There will be no departure. TRGI will cease to exist or be gifted away, no one else left to leave. Mineral agreement is pretty clear.
Reality is Tajiri is also pulling back.
https://www.marketscreener.com/quote/stock/TAJIRI-RESOURCES-CORP-49478214/news/Tajiri-Terminates-LOI-for-the-Acquisition-of-two-Guyana-Projects-44758072/
Maybe it has to do with the 8% royalty when you have a gold price that is adjusted for mining inflation closer to end of 90s / early 2000s prices? Back then Normandy had cash costs of $150. Now we are in the $1000-$1500 range.
