Well not really, as one of the Manajem directors is now an Alara shareholder.
However it is important to note that the original vision of Manajem was, as their English name implies, a United Arabian Mining Company.
It is obviously far from that, with all three directors now showing mixed or differing loyalties.
There are legacy issues that have not been adequately addressed (most likely financial), and i'm pretty sure that Amok is right in saying that a part of any resolution will need to include satisfying these (whether it be through cash payment, water royalties, land purchase agreements, or maybe even something completely random).
Alot of unknowns.
What i would say is that any decision to purchase shouldn't bank on them being completely out of the picture. What you really want is for any residual presence to be either beneficial, or benign.
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Well not really, as one of the Manajem directors is now an Alara...
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