Last week the shares strengthened in London lifting off the bottom on massive turnover. Would this be an indication the the matter is about to be resolved with the Egytian authorities? Reading the statements made by the EGYPTION GEOLOGICAL SURVEY AND MINING AUTHORITY (EGSMA) I get the impression that it may be a personality clash that is causing the problem. Both sides seem to be making public statements justifying their own position instead of trying to resolve the matter.
Anyone have any updated information?
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