RE:Aris NR today
disappointing day.
EOM planning to file an annulment? we'll have to wait to see on what grounds.
on the other hand Aris is moving forward. Woodyer working a modifed FS for a smaller mine that only need approval by CDMB and the Santurban Governor ... no Fed gov't. Plan is to have FS done by early 25 and mine approval a few "months" later. 2027 is planned production date!
For now we pause waiting on EOM's next ICSID move and follow the ARIS progress with the CDMB. With Trump back ... who knows ... maybe the Petro gov't softens its socialist stand.