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Lydian International Ltd T.LYD


Primary Symbol: LYDIF

Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.


OTCPK:LYDIF - Post by User

Post by Tank1000on Nov 13, 2019 11:07am
149 Views
Post# 30345143

BIT

BIT After all this time with very limited access to the mine that Lydian is not really interested in restoring the mine even if they did get access to it.  Lydian's arguements for loss within the BIT seems so strong...Aremenia should have just bought the mine from Lydian for 1BN and change....the BIT process is in internation domain far outside any reach of Armenia govt official....I did hear that Lydian could be looking for 2BN as a loss....anyway you slice it its going to be expensive for Armenia.  I am guessing another 14 months for the BIT arbitration to get settled....  
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