Perkoa mine closed - Trevali is no longer "The funds still available…are insufficient to complete the rehabilitation of the mine,” said Ditil Moussa Palenfo, country director of Nantou Mining, the Trevali entity that owns Perkoa.
“Funds are barely sufficient to cover severance pay for terminated employees.”
Checked the Trevali website and no such News Release was issued!
Also noted that the Sep 29, 2022 News Release refers to Trevali as "a global base-metals mining company headquartered in Vancouver, Canada." with absolutely no mention of its mining operations, exploration properties etc.
The Bankers are in for a huge fight to recover their loans and we, the shareholders, have just been evaporated!
All this goes to show how incompentent and craven management has been!