Post by
Donald0460 on Oct 04, 2023 3:43pm
KK-fatal accident-status of DRC investigation
So far no news on the DRC investigation in the recent fatal accident at KK I take it; or is anybody aware of an update ? Seems also - looking at the projections in the release - management does not seem to see this as a material risk/only something of a passing nature.
The release: good news, actually moving along nicely in line with projections. looking at the outlook for 2024/phase 3. In all this let us be mindful: IVN is just a minority shareholder in KK, and the other 2 major shareholders certainly not only have a majority interest add some meaningful and substantial political risk to the KK project. This will only change with building up a further diversified portfolio, which is in the making but still way to go. This is what will keep the institutional investors for the time being a little bit on the sidelines......; but this might change over time.