Katanga Mining Ltd Ord KATFF

RE: why

[topdop]

This is nonsence. No party subject to a Legal dispute would want to discuss their merit (or not) in public prior to, or during proceedings. He is quiet because he is smart. Lastly, Gertler's Royalty, like it or not, is a legal, accepted liability of the operations of MCC. End of story. MCC will accrue this Liability on their books until such time as the US removes Gertler from the Sanctions List, and/or Glencore's own internal Compliance people find alternate way to furnish payment. In this respect, note the US sanctions have a threshold of interest of 50% in relation to their sanction against the individual. All Gertler's people might need to do to ensure US compliance, is to sell on, or place into Blind Trust, 50.1% of this Royalty stream such that whomever controls it thereafter, retains control - a Majority Interest - and leaves Gertler retaining 49.9% and US compliance. Bingo. Maybe the Chinese get this and pay him a "Facilities Fee" afterwards? Or interest in another entity? There's many ways to fix this. These are my views only. Thanks for reading.