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Kirkland Lake Gold Ltd. T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Post by Dibah420on Jan 09, 2022 6:10pm
320 Views
Post# 34298415

For Quintessential1 on Merger delays.

For Quintessential1 on Merger delays."Lots of information.  Do you have a link about the Australians delaying the merger? peep2 wrote: of all leading nations who can no longer compete with cheaper wages and finished.."
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There is never any "information" in poop's monomaniacal rants.  Why repost them in their entirety?

The merger is under scrutiny by a four person  AFIRB.  ( Aus. Foreign Invest. Review Board) and they have been tight-lipped.  So what you read here is spec and rumour.

Of late, the Ozzies have been pre-occupied by national security and paranoic about China; which is reflected in the cases rejected by the Board. It is unlikely, imo, to influence the merger application.
By statute, a response is required 4 weeks from application.  But they merrily admit that it usually takes more like 12 weeks.  The merger was announced Nov 1st but  I do not know when the application was filed.  Furthermore, just like the FDA, any queries posed or new elements added, turn the clock back to zero each time.
It is now peak summer and they like their beaches and vacations.  It is also peak omicron!
AFIRB is an advisory board to the Treasurer of Australia who ultimately renders the decision.
This honcho is Josh Frydenberg.  He announced on Friday that he tested positive.
And yes, there is also an election looming in Australia.

Here's your link: 

 
https://firb.gov.au/

Cheers and the best in the new year.






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