RE:RE:RE:New mining codeI've searched high and low for the text of the mining code to no avail.
I'm a bit weary of relying on media reports that have summarized the code. I'd like to see the full text to ensure the context of the provisions are fully understood. Some of these provisions in this article are unworkable, and likely just partial or summarized clauses.
Interesting that IVN share price in recent weeks isn't behaving as if the mining code will be a negative outcome. Also interesting that other companies have issued releases on the status of their 'nogotiations' (typo intended), yet IVN remains silent.
I remain cautiously optimistic that this will be resolved favourably.
GLTA
Long and overweight
cashtango00 wrote: tweedlede,
This link shows the changes they are making. My observation of 40% equity vs debt is in here.
https://www.insideafricalaw.com/blog/major-changes-to-the-mining-code-of-the-democratic-republic-of-congo