Have COW negotiations started???According to the M D & A as of October 26, 2007 the CoW discussion have NOT started on the Lombok property. Following is the relevant excerpt. Read the last line.
This is my interpretation anyway.
Harmony
The Lombok and Sumbawa properties are currently comprised of two separate applications to the Indonesian Government for a COW to conduct mining activities and earn mineral rights to certain mineral tenements.........
Based on information from the regional government, the preliminary round of negotiations on the new 7+ generation COW agreement for the Taliwang(SUMBAWA) property will commence in mid-November 2007. Accordingly, the joint central government-provincial government COW negotiating team is currently being assembled. It is hoped that the COW can be finalized before January 2008.
The Lombok SIPP was granted on December 4, 2002...... Relevant extensions for the Lombok SIPP license were filed in early 2006 and are pending awaiting the revocation by the Central Government of an unconstitutional provincial land utilization regulation. Because of both central and regency Mines Department endorsement letters the Company has continued unabated throughout 2006-2007 with a full exploration program. It is hoped that once the local land utilization regulation has been revised that COW negotiations will commence forthwith.