Management/NAMR/RO Govt - ?IMO, the Mgmt. is not forthcoming with all the details.
On 26th June, NAMR had a pubklic meeting and have they not shown all the documents /forms, applications to the attendees at that time.
On 3august, ESM says the draft licnece has been approved and 90 day final ratification is in progress.
Now couple of days back, they say public consultation of 10 day period has started and the Scott will meet all the minsiters in the coming WEEKS. What does this mean?
Are we back to square one?
Iam not convinced of these releases and also today's cc.
These guys are not coming out with real facts.
ESM has already started an office and a Liason person at bucharest.
About the RO Govt. Is it really interested in giving ESM a permit? Already they are facing huge law suit by GBU-which has done everthing as per their rules and yet not given the approval.
They might be looking at ESM as another Canadian Co. and treading very cautiously or in a kind of dilly dallying way.
Why do you need four minsiter's signs for a mineining permit. Is thw Industry/Mines minsiter not capable? The it goes to PM and later to president and to gazette. It seems the RO president is inmical to the present govt. and likes to taunt them at every conceivable opportunity.
I make it clear that iam a long term investor and invested heavily in this, but frustration is creeeping due to mgmt's spins and as well RO govt's. antics.
Best wishes to all the longs.