NAMBIA press release - Defends RECO - SHORTS in big panicBeautiful press release from Nambia governor. We are gonna fry the shorts for supper.
Kavango East Governor Supports ReconAfrica
The Governor of Kavango East is aware of recent media reports attempting to discredit ReconAfrica and their work in our region. ReconAfrica has, since the time of starting operations in Namibia, proven that they are a reputable and trustworthy company that respects, adheres and complies with all laws of our country and works in respectful collaboration with our communities.
I believe that the recent article in the National Geographic, describing a complaint to the SEC purported to have been filed on May 5, 2021, does not reflect the integrity and business practices of ReconAfrica and its operations in our region, Kavango East. In all of ReconAfrica's dealings with our office, local and traditional authorities, the company has done everything legally and transparently, respecting all levels of authority and the expectations of our communities.
"We are pleased with ReconAfrica's approach to working closely and in constant consultation with our office, the traditional leadership, local authority and the community.
This is only the beginning stages and we have already started to experience the positive economic and social impact of the project in our regions." Kavango East Governor, Bonifasius Wakudumo said.
ReconAfrica can be applauded for recognizing the Traditional Authorities in the area and, as a first step, seeking and getting approval from the Traditional Authority for land and water use, while working closely and under the approval of the Ministry of Agriculture Water and Land Reform for all water and land matters.
It is up to us, the Namibian people, to determine how the country will develop and manage our natural resources, and we have welcomed their operations.
We continue to be confident in ReconAfrica, for the sustainable development of our natural resources for the benefit of our regions and our country as a whole.
https://ca.finance.yahoo.com/news/kavango-east-governor-supports-reconafrica-040100895.html
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RECO can now sue National Geographic for defamation and libel, for having caused a stock drop based on false allegations and, for putting project into jeopoardy.
A $ 200 million claim should be presented along with PUNITIVE DAMAGES.
mpo